As gold prices touch record highs, Vancouver-based OceanaGold (TSX: OGC; US-OTC: OCANF) is advancing further into the United States market with a New York Stock Exchange listing next year and the ramping up of its mine in South Carolina.
The Haile mine in Kershaw, S.C. which now represents about 40% of OceanaGold’s production, is due to ramp up to about 50% of the company’s output next year. OceanaGold’s total production of about 500,000 oz. of gold and 14,000 tonnes of copper also relies on mines in New Zealand and the Philippines.
In addition to gold price tailwinds, the company benefits from its operations being located close to where employees live, which lowers costs and helps workers develop an ownership mindset.
CEO Gerard Bond speaks with MINING.COM host Devan Murugan on how the company is leveraging growth in the sector to strengthen its balance sheet.
Watch the full interview:
The preceding Joint Venture Video is PROMOTED CONTENT sponsored by OceanaGold and produced in cooperation with The Northern Miner. Visit http://www.oceanagold.com for more information.
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