{"id":1142647,"date":"2019-10-08T07:09:12","date_gmt":"2019-10-08T12:09:12","guid":{"rendered":"https:\/\/www.mining.com\/?p=1003858"},"modified":"2019-10-08T07:09:12","modified_gmt":"2019-10-08T12:09:12","slug":"oceanagold-receives-new-zealands-ok-to-buy-land-by-waihi-mine","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1142647","title":{"rendered":"OceanaGold receives New Zealand\u2019s Ok to buy land by Waihi mine"},"content":{"rendered":"<p>OceanaGold (ASX, TSX: OGC) has received New Zealand\u2019s <a href=\"https:\/\/www.oceanagold.com\/wp-content\/uploads\/2019\/10\/191008-NZ-OIO-Decision-News-Release.pdf\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">green light to\u00a0acquire 180 hectares of farmland<\/a> near its Waihi gold mine, in the country\u2019s North Island.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The mid-tier gold producer, which petition<br \/>\nhad been previously denied, said the property will be used to build new tailings<br \/>\nponds to storage waste from the extraction process at Waihi.<\/p>\n<p>\u201cWe are very pleased with this decision as we seek to make further significant economic contributions to the Waihi and surrounding communities,\u201d president and chief executive,\u00a0Mick Wilkes,\u00a0said <a href=\"https:\/\/www.oceanagold.com\/wp-content\/uploads\/2019\/10\/191008-NZ-OIO-Decision-News-Release.pdf\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">in the statement<\/a>.<\/p>\n<p>OceanaGold\u2019s application to buy the<br \/>\nland was denied in May by the Land Information New Zealand (LINZ). The miner resubmitted<br \/>\nthe request in August and the officials who evaluated it this time concluded<br \/>\nthe project would result in \u201csubstantial and identifiable benefit\u201d to the<br \/>\ncountry.<\/p>\n<p>LINZ\u2019s Overseas Investment Office (OIO) said the move protected about 340 full-time jobs and exports valued at almost $2 billion over nine years.<\/p>\n<p>The Australian company had already been granted a permit to begin mining at <a href=\"https:\/\/www.mining.com\/oceanagold-significantly-increases-exploration-target-at-martha-underground\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">an underground extension<\/a> at the Martha open-pit mine. The project is estimated to host a measured and indicated resource of 140,000 gold ounces and an inferred resource of 339,000 ounces and will potentially add another ten years to the operation\u2019s productive life.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Property will be used to build new tailings ponds to storage waste from gold extraction processes.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2849,369,4],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1142647"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1142647"}],"version-history":[{"count":4,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1142647\/revisions"}],"predecessor-version":[{"id":1142780,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1142647\/revisions\/1142780"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1142647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1142647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1142647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}