PARTNERING with the Philippine government in boosting the country's international reserves, OceanaGold's Didipio Mine in the upland town of Kasibu in Nueva Vizcaya has made its first sale of gold doré to the Bangko Sentral ng Pilipinas (BSP).
This first sale on May 30, 2022 implements the purchase agreement (PA) between OceanaGold Philippines Inc. (OGPI) and BSP that requires OGPI to offer for purchase to the BSP not less than 25 percent of Didipio Mine's annual gold doré production at fair market prices and under mutually agreed-upon terms.
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