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April 2, 2020

OceanaGold’s Haile gold mine stays open amid South Carolina lockdown

OceanaGold has announced that its Haile gold mine in South Carolina, US continues to operate despite the state government’s announcement to shut down all non-essential businesses for a period of 14 days.

OceanaGold has announced that its Haile gold mine in South Carolina, US continues to operate despite the state government’s announcement to shut down all non-essential businesses for a period of 14 days.

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The shutdown in the state is effective until 14 April.

According to OceanaGold, the status of the Haile gold mine remained unchanged and operations were not impacted by the government’s directive.

The Haile gold mine is an open-pit operation located along the eastern US coast.

The company confirmed that no employee or contractor from the Haile operation had yet tested positive for the Covid-19 virus.

For the past three weeks, the Haile operation has only permitted entry to essential working personnel, while the administrative staff have been working at home where possible.

OceanaGold acting president and CEO Michael Holmes said: “We will continue monitoring the health and safety situation across the business and will move swiftly to continue protecting the health and wellbeing of our workers and supporting them through these challenging times. We remain engaged with public health authorities in all jurisdictions.”

Meanwhile, South Carolina health officials announced 210 new cases, with total cases now rising to 1,293 across the state. Currently, the death toll stands at 26.

Last April, OceanaGold signed an earn-in agreement regarding American Pacific Mining (APM)’s Tuscarora Gold Project in Nevada, US.

In February 2019, OceanaGold obtained resource permits to commence operations at its Martha underground project in Waihi, New Zealand.

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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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