Didipio is a high-grade underground gold and copper mine located on the island of Luzon in the Philippines.
OceanaGold acquired Didipio in 2006 through a merger with Climax Mining Ltd. and commenced commercial production as an open pit operation in 2013. In 2016, the mine transitioned from an open pit to underground operation, with production from the underground commencing in early 2017.
The Didipio Mine delivers significant socio-economic benefits to the Barangay of Didipio, neighbouring communities, the provinces of Nueva Vizcaya and Quirino and the Philippines. It directly employs over 1,500 workers of which 97% are Philippine nationals and 59% are from local communities. It provides several thousands of additional livelihood opportunities and indirect jobs through partnerships with cooperatives and social development organisations.
The operation is subject to regular monitoring, inspection and verification by various government agencies and by a Multipartite Monitoring Team (composed of members representing national government agencies, local government units and communities). Regular internal and external audits are conducted on our compliance with the Financial or Technical Assistance Agreement (FTAA), existing permits and with Philippine laws, rules regulations and our corporate policies.
|2018 production||114,985 oz gold
14,999 t copper
|2019 production guidance||120,000 – 130,000 oz gold
14,000 – 15,000 t copper
|Measured & Indicated Resources||1.3 Moz gold
2.7 Moz silver
0.16 Mt copper
|Inferred Resources||0.3 Moz gold
0.5 Moz silver
0.03 Mt copper
|Estimated Mine Life||2032+|