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OceanaGold Receives Suspension Order For Didipio Mine

OceanaGold Corp. (TSX, ASX: OGC) reports that it received an order from the Department of Environment and Natural Resources Tuesday calling for the suspension of Didipio operations in the Philippines. The country has shut down a number of mines, mostly nickel, over environmental issues. DENR alleges “damages to houses caused by the blasting operation” and “the potential adverse impact to the agricultural areas of the province,” OceanaGold says. The company was also given up to three months to address the issues. Prior to receiving the order, OceanaGold filed an appeal directly with president’s office seeking a stay of the suspension order. OceanaGold officials say they anticipate that Didipio will continue to operate during the appeal process. Mick Wilkes, president and chief executive officer of OceanaGold, argued that the company has been environmentally and socially responsible, as well as a major employer of Filipino nationals. “A suspension of operations will adversely impact thousands of Filipinos directly and indirectly," he said. “The Didipio operation has not violated or breached any Philippines laws, rules or regulations….We strongly believe that the Didipio operation is the template for what President Duterte is seeking in his desire for a responsible mining sector in the Philippines.”

By Allen Sykora of Kitco News;



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