OceanaGold permits extension of mine life!
Macraes mine life extension to 2028 OceanaGold Corporation announces the receipt of permits for the Golden Point Underground Mine (GPUG), Deepdell North Stage III open pit extension, and the Frasers West expansion. These permits allow the Company to proceed with the development of new and extended open pit and underground mining opportunities at Macraes, including the new GPUG mine. These projects are expected to extend the mine life of the Macraes operation to 2028. Michael Holmes, President and CEO of OceanaGold said, We are pleased to announce that we have consents in hand to develop three deposits that are critical opportunities to achieve the mine life extensions at Macraes, currently to 2028. The receipt of consents for the three projects is a testament to our 30-year history of responsible mining and outstanding environmental stewardship in one of the greenest countries in the world. We continue to seek out additional opportunities through organic growth and exp...