OceanaGold (Philippines) Inc. (“OGPI”) is a subsidiary of OceanaGold Corporation, a significant Asia Pacific gold producer with a portfolio of operating, development and exploration assets. The Company’s assets are located on the South Island of New Zealand, including one of the largest gold mines in the country and in the northern Philippines. OceanaGold has built a strong business in New Zealand, operating three mines – Macraes Open Pit, Frasers Underground and the Reefton Open Pit mines.
In the Northern Philippines, the company’s main activity is the Didipio Project- one of the highest gold-copper projects at construction and development stage today. The construction of the high grade gold-copper Didipio Project commenced in June 2011 and is expected to commission in Q4 2012.