INDEPENDENT NEWS

OceanaGold Receives NZ Overseas Investments Office Approval

Published: Tue 8 Oct 2019 01:39 PM
OceanaGold Receives New Zealand Overseas Investments Office Approval
/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES./
MELBOURNE, Oct. 8, 2019 /CNW/ - OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the "Company") informs that the New Zealand Government has granted Overseas Investment Act ("OIA") approval of its application to purchase 178 hectares of land near the Waihi Gold Mine ("Waihi").
Mick Wilkes, President and CEO of OceanaGold said, "We are very pleased with this decision as we seek to make further significant economic contributions to the Waihi and surrounding communities. OceanaGold has been a valued partner and responsible corporate citizen in New Zealand and a considerable contributor of socio-economic benefits for the past three decades."
"We are making additional significant investments to grow our business in New Zealand. Through these investments, we expect to secure the long-term future for our operations and host communities in both the South and North islands for decades more. Our ability to operate to the highest of environmental and social standards for the past 30 years including operations in environmentally sensitive areas such as the West Coast of New Zealand reflects our commitment to be a template for responsible gold mining."

Next in Business, Science, and Tech

Further Easing In Monetary Policy Delivered
By: Reserve Bank
Post-lockdown Retail Card Spending Picks Up
By: Statistics New Zealand
Contact delivers for customers, employees and shareholders
By: Contact Energy
OceanaGold Announces Receipt Of WKP Mining Permit
By: OceanaGold
COVID-19 lockdown has widespread effects on labour market
By: Statistics New Zealand
New Research By NZ Post Shows Online Shopping Grew 105% In Alert Level 3
By: New Zealand Post
Ice-olation For Antarctica New Zealand
By: Antarctica New Zealand
July House Price Index illustrates market resilience
By: QV Valuations
Queenstown Rents Experience Biggest Drop In Seven Years
By: Trade Me Property
The Quiet Earth
By: Auckland University
James Shaw says Kiwibank, not ministers should decide on investors
By: RNZ
Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments
By: Financial Markets Authority
Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off
By: FIRST Union
Stronger Green Voice Needed Next Term To Stop More Mining On Or Under Conservation Land
By: Green Party
Unemployment Figures Don’t Tell The Full Story
By: New Zealand National Party
View as: DESKTOP | MOBILE © Scoop Media