OceanaGold confident it has community support to expand Waihi operations

Thu, 28 Jun 2018

By Rebecca Howard June 28 (BusinessDesk) - OceanaGold Corp is confident it has community support to expand its Waihi operations, where it accounts for almost half the local economic activity, after drilling signalled enough gold to sustain operations out to 2030. Earlier this month the Melbourne-based company announced the intersection of high-grade mineralisation along two large veins beneath the Martha Pit at Waihi, on the southern end of the Coromandel peninsula. Gold has been mined in the area since the late 1800s. The drilling wa...

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