New chapter at Waihi
When we acquired the Waihi Operation from Newmont Mining in 2015, we committed to extending the life of the mine. We were pleased to deliver on that commitment with the commencement of the Martha underground mine development in 2019.
In July 2020 we announced the results of our Waihi District Study, indicating:
- An initial 2.4 million ounces of contained gold over 15 years from multiple sources of ore feed
- Extension of the mine life to 2036+
- Investment in New Zealand around US$1.4 billion
- Potential for 300 additional jobs.
Find out more about the Waihi District Study and our future in the region at https://oceanagold.com/operation/waihi/
