You shouldn't be surprised. Lot's planned for Oceana in 2021 and expect more good news, starting will Didipio...
The Philippines want the Didipio mine up and running early next year. Refer to the quote from Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano.
So l am expecting an announcement in late Jan early Feb. Mine production should commence from March-April. Fortunately they maintained the mine and retained the dewatering activity. They intend to re-instate the workforce that has been made redundant and expect retention to be around 90-95% of the 1,500 workforce.
OGC Price at posting:
$2.41 Sentiment: Buy Disclosure: Held