“We expect to reach full underground production rates early in the second quarter of 2022 and, as a result, expect full year production of between 100,000 and 110,000 ounces of gold along with 11,000 to 13,000 metric tons (MT) of copper,” OceanaGold said.
“We expect to reach full underground production rates early in the second quarter of 2022 and, as a result, expect full year production of between 100,000 and 110,000 ounces of gold along with 11,000 to 13,000 metric tons of copper,” OceanaGold said in a statement.
The company said its capital requirements are primarily related to underground mining and general operating costs related to plant upgrades. Beyond 2022, Didipio is expected to produce between 110,000 and 120,000 ounces of gold per year and 12,000 to 14,000 tons of copper per year at similar AISC and cash costs.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter unveils digital hub to combat online exploitation of children - BusinessWorld OnlineNotForSale: A Safer Twitter, a digital resource hub developed by the social media company and humanitarian organization Plan International Philippines, aims to curb the Online Sexual Abuse and Exploitation of Children (OSAEC).
Read more »
Power of the Dog, Dune lead nominations in battle for Oscars glory - BusinessWorld OnlineLOS ANGELES — Dark Western The Power of the Dog led this year’s field of Academy Awards contenders on Tuesday with 12 nominations for the Netflix, Inc. film, outpacing the 10 nods for sci-fi epic Dune in the hunt for the industry’s highest honors.
Read more »
Pandemic propels workers closer to four-day week - BusinessWorld OnlineLONDON — British photographer Paul David Smith had long toyed with the idea of switching all his staff to a four-day week, but it was the flexibility and reliability they showed in the pandemic that gave him the confidence to take the plunge. Almost a year later and his trust has been rewarded. He says […]
Read more »
Snowboarding: American ‘golden girl’ Kim blows away rivals to retain halfpipe title - BusinessWorld OnlineZHANGJIAKOU, CHINA — American Chloe Kim cemented her position as one of the greats of women’s snowboarding with a commanding performance on Thursday to win halfpipe gold at the Winter Games and successfully defend her 2018 Olympic title.
Read more »
Super Bowl tickets are costliest ever, $7,542 a seat - BusinessWorld OnlineTickets to Sunday’s Super Bowl between the Los Angeles Rams and the Cincinnati Bengals are the most expensive on record at $7,542 on average, according to ticket reseller TickPick. READ:
Read more »
Aboitiz Construction completes Cebu ecotourism park’s site development - BusinessWorld OnlineAboitiz Construction, Inc. announced on Wednesday that it recently completed the development works for the future ecotourism site of Magspeak Nature Park, Inc. in Balamban, Cebu. READ:
Read more »