OceanaGold's Waihi North Project Remains on Track for First Ore in 2032
Bitget2026/11/05 11:15- OceanaGold's Waihi North project remains on schedule for first ore in 2032, with decline development exceeding 500 meters.
- Technical evaluations are assessing whether mining at Martha Underground can extend beyond 2033 alongside the start of mining at Wharekirauponga Underground.
- A potential processing plant expansion would increase throughput capacity to as much as 1,200,000 tonnes annually.
- An updated Waihi District technical report, including revised mineral reserves, resources and mine plans, is scheduled for January 2027.
- Palomino Underground remains on track for first ore in 2028, with connecting decline development advancing during the third quarter.
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