“Up to now, we now have not had any confirmed circumstances of covid-19 amongst our workers or contractors in New Zealand,” stated CEO Michael Holmes in a media assertion.
Important personnel stay at every web site to keep up environmental and security requirements, the corporate stated.
“Given the scenario is dynamic and the period of the lockdown is presently unsure, we’re unable to find out the ultimate influence on New Zealand manufacturing and associated prices for the total yr,” stated Holmes.
Macraes is the nation’s largest lively gold-producing mine, having produced 144,487 ounces of gold final yr. The corporate has a manufacturing steering for 2021 between 155,000 and 165,000 ounces of gold.
Waihi produced 19,775 ounces of gold in 2020. It’s anticipated to provide between 35,000 and 45,000 ounces of gold in 2021.
The miner said final month the Philippines has renewed its contract for the Didipio gold and copper mine for one more 25 years, after virtually two years of the operation being halted attributable to a dispute with a provincial authorities over the corporate’s license to function.
Noon Tuesday, OceanaGold’s inventory was down almost 4% on the TSE. The corporate has a $1.22 billion market capitalization.
