Business Review Australia - March 2016_

In late 2015, OceanaGold made a
chess move to purchase Romarco
Minerals Inc. for $856 million. The
deal gave OceanaGold rights to
the Haile Gold Mine in Lancaster
County, South Carolina, providing
its first U.S. gold mine site and
paving the way for growth in new
territories.
“The merger with Romarco
allowed us to move even lower
on the cost curvethough the
development of the high quality
Haile Gold Mine. It’s complementary

to our portfolio.” said Wilkes. “With

the addition of the Haile Gold

Mine and the Waihi Gold Mine to

our portfolio, we look forward to

integrating both assets and their

its experienced workforce into our

business, in the process unlocking

significant value.”

Leading the Charge

With Wilkes and his management

team at the helm, OceanaGold

has established a track record for

ethical environmental management

Michael Wilkes, President and Chief Executive Officer

MINING

http://www.oceanagold.com 47