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KASIBU, Nueva Vizcaya: After its license to operate was renewed by Malacañang in July of this year, Australian OceanaGold Corp. has announced the commencement of its processing operations at the Didipio gold-copper mine in this gold-rich upland town. "Following the confirmation of the Didipio Mine Financial or Technical Assistance Agreement renewal, Didipio is producing gold and copper …

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The Didipio plant is expected to ramp up to its throughput rate of 3.5 million tonnes per annum over the next few weeks. The early restart of mining saw the company increase its production outlook for the mine to 7000-12,000 ounces of gold and 1000 tonnes of copper at all-in sustaining costs of US$100-150/oz after by-product sales, up from 5000 ...

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