July 14 (Reuters) - OceanaGold Corp (OGC) :
- OGC ADVISES DIDIPIO FTAA RENEWAL, PROVIDES OPERATIONS UPDATE
- PHILIPPINE GOVERNMENT HAS RENEWED DIDIPIO MINE FINANCIAL OR TECHNICAL ASSISTANCE AGREEMENT
- RENEWAL FOR AN ADDITIONAL 25-YEAR PERIOD, BEGINNING JUNE 19, 2019
- PLANS A STAGED RESTART OF OPERATIONS WITH MILLING TO RECOMMENCE AS SOON AS POSSIBLE
- ONCE RAMPED-UP, EXPECTS DIDIPIO TO PRODUCE ABOUT 10,000 GOLD OZ, 1,000 TONNES OF COPPER/MONTH AT FIRST QUARTILE AISC
- AIMS TO ACHIEVE FULL UNDERGROUND PRODUCTION CAPACITY AT MINE WITHIN TWELVE MONTHS
- TERMS INCLUDE LISTING OF AT LEAST 10% OF SHARES IN OCEANAGOLD PHILIPPINES INC ON PHILIPPINE STOCK EXCHANGE WITHIN NEXT 3 YEARS