OceanaGold less confident in regulatory regime

Thu, 23 May 2019

By Gavin Evans May 23 (BusinessDesk) - OceanaGold says the surprise rejection of a land purchase for a new tailings facility has reduced its confidence in this country’s regulatory settings. The rejection of its planned 178-hectare purchase – due to a split decision between Lands Minister Eugenie Sage and Associate Finance Minister David Clark - “baffled” the company, corporate affairs manager Alison Paul told lawmakers today. The company has sought clearance for transactions 85 times under the Overseas Investment Act and been granted...

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