OceanaGold Philippines, the operator of the Didipio mine in Nueva Vizcaya, is rewarding shareholders with a $22.9 million fourth-quarter dividend, bringing total payouts to $69.4 million since its listing last May.
Mining giant OceanaGold Philippines, Inc. (OGP) has deepened its commitment to mining technology and geoscience advancement through financial grants to the University of the Philippines.
OceanaGold Philippines is facing a fresh legal headache weeks before launching its initial public offering. The Legal Rights and Natural Resources Center filed a case before the Bayombong Regional Trial Court seeking a legal review of the company’s mining contract that it alleged was illegally renewed, a report by the Philippine Star showed.
OceanaGold Philippines is set to launch the first mining initial public offering (IPO) in a decade, having received approval from the Philippine Stock Exchange to raise up to P7.9 billion.