The Prospector News

OceanaGold Receives $30M for Sale of the Blackwater Project

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

OceanaGold Receives $30M for Sale of the Blackwater Project

 

 

 

 

 

OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) confirms it has completed the previously announced sale of the Company’s interest in the Blackwater project in New Zealand following the receipt of all required regulatory approvals and satisfaction of all closing conditions. As consideration for the sale, OceanaGold received $30 million in cash and expects to record an after-tax accounting gain of approximately $10 million in the second quarter.

 

About OceanaGold

 

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand.

 

 

Posted June 24, 2024

Share this news article

MORE or "UNCATEGORIZED"


Brazil Potash Presells 91% of Future Production, Catalyzing Construction Financing Phase

Final critical mineral offtake agreement with Kimia Solutions key... READ MORE

October 28, 2025

Midnight Sun Closes Oversubscribed C$30,475,575 "Bought Deal" LIFE Offering

Midnight Sun Mining Corp. (TSX-V: MMA) (OTCQX: MDNGF) is pleased ... READ MORE

October 28, 2025

AbraSilver Drilling at Diablillos Intersects 8.5 Metres at 13.81 g/t Gold at Oculto East

Separate Hole Intersects Broad Zone of 180 m Grading 0.65 g/t Gol... READ MORE

October 28, 2025

Koryx Copper Announces Further Positive Drill Results at the Haib Copper Project, Southern Namibia

Highlights  • Assays reported for a further 17 drill holes for... READ MORE

October 28, 2025

Scottie Resources Announces Impressive Economics in Preliminary Economic Assessment for Scottie Gold Mine Project

Scottie Resources Corp. (TSX-V: SCOT) (OTCQB: SCTSF) (FSE: SR80) ... READ MORE

October 28, 2025

Copyright 2025 The Prospector News