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OceanaGold was founded in 1989 in New Zealand, then known as the Macraes Mining Company Ltd. [4] The company commenced gold production at Macraes in 1990. The company became GRD Macraes Ltd in 1998 through a takeover of Macraes by Perth-based GRD, with business journalist Brian Gaynor describing the merger as "one of the worst cases of company looting since the 1980s".
The proposed El Dorado mine project is Pacific Rim's largest project. The company gained the mine property, of 144 square kilometres, from its merger with Dayton Mining Corporation in 2002, [1] and claims to have invested approximately $77 million to discover and prepare to begin mining gold deposits in Cabañas department.
It is situated close to the settlement of Macraes Flat and is owned by OceanaGold Corporation. Gold production averaged 193,000 Troy ounces /year for 2008 through 2010. Ore grades have been declining, to 1.26 grams/tonne in 2010, but recoveries have improved slightly to 81% of the gold contained in the ore, in 2010.
The company's operations were located in Laos, Australia, Cyprus and the Philippines. It was focused on the operation and development of the Sepon copper and gold project in South East Laos, the Golden Grove Mine in Western Australia and development of the Prominent Hill copper/gold deposit in South Australia .
The Philippine Overseas Employment Administration (POEA; Filipino: Pangasiwaan ng Pilipinas sa Empleo sa Ibayong-dagat [2]) was an agency of the government of the Philippines responsible for opening the benefits of the overseas employment program of the Philippines. It is the main government agency assigned to monitor and supervise overseas ...
Ecuador and Canada have finalized a new trade accord following months of negotiations, Ecuadorean President Daniel Noboa said on social media on Sunday. Noboa's government expects the trade deal ...
From January 2008 to December 2012, if you bought shares in companies when John S. Chen joined the board, and sold them when he left, you would have a 42.4 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
The Rio Tuba mine is a large nickel mine run by Nickel Asia Corporation in the west of the Philippines in Bataraza, Palawan.Rio Tuba represents one of the largest nickel reserves in the Philippines having an estimated reserve of 60.2 million tonnes (59,200,000 long tons; 66,400,000 short tons) of ore grading 1.27% nickel. [1]