MINING
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
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