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OceanaGold’s shares take a knock as Philippines proposes Didipio closure

By:  
Creamer Media Senior Deputy Editor: Australasia
 
LEGISLATIVE ENVIRONMENT
The ASX share price of triple-listed gold miner OceanaGold fell by nearly 16% on Thursday after the Philippines government flagged OceanaGold’s Didipio operation as the subject of a proposed suspension order. In a press briefing, the Philippines Department of Environment and Natural Resources (DENR) Secretary Gina Lopez cited alleged declining agricultural production as the reason for Didipio’s proposed suspension.
 
 
 
 
 

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