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OceanaGold jobs at risk

OceanaGold jobs at risk

Posted November 06, 2019
General News

Gold FM has been contacted by people who are worried about a reduction of staff numbers at OceanaGold in Waihi.

Brian Gentil spoke to Kit Wilson from OceanaGold this morning and asked about the potential job losses. Kit could not comment at this stage as negotiations between OceanaGold, staff and union representatives are taking place.

When negotiations are completed more information will be available. In the meantime a Media Release has been published on OceanaGold’s website www.waihigold.co.nz

MEDIA STATEMENT - 4 November 2019 - Waihi 2020 production update

OceanaGold announced production from the Correnso Underground mine in Waihi will be completed in the first quarter of 2020 and development of the new Martha Underground mine is underway, with first production expected in early 2021.

Waihi Gold Mine General Manager, Bernie O’Leary, said the Martha underground was a long-life asset with a growing resource base.

“We’re progressing an all-encompassing Waihi study that will be complete in early 2020 and provide additional detail around the forward-looking mine plan,” he said.

“While we’re developing the new Martha Underground, we will continue water treatment, environmental programmes and community programmes.

“However, there will likely be a reduction in the number of employees during this transition and we will be working with our employees and the union to deliver the best outcome and ensure impacts are well managed.

“We have 10 year of mining ahead of us, and potentially more after that. We need to work together to set ourselves up for the future”.