## OceanaGold Welcomes Fast-track Approvals for Waihi North and Macraes Mines
OceanaGold Corporation welcomes the approval of its Waihi and Macraes mining projects under New Zealand’s Fast-track Approvals Bill. The bill aims to expedite the approval process for significant development projects.
## Projects Eligible for Expedited Approvals
New Zealand’s government has listed 149 projects eligible for accelerated approval processes under the proposed Fast-track Approvals Act. Included in this list are the Waihi North Project, featuring the Wharekirauponga proposed underground mine, and the Macraes Phase 4 Project, which involves a mine extension permit.
## Positive Outlook for Jobs and Economy
Gerard Bond, President & CEO of OceanaGold, expressed delight at the inclusion of their projects in the fast-track approvals list. The expedited permitting process will help maintain 1,000 jobs in New Zealand and create new opportunities, fostering economic growth in local communities.
## Streamlined Approval Process
The Fast-track Approvals Bill is set to become law later this year, allowing listed projects to apply directly to a Government-appointed panel for final decisions.
OceanaGold, a respected gold and copper producer, focuses on generating Free Cash Flow responsibly. With operations in the U.S., the Philippines, and New Zealand, the company is committed to delivering value to its shareholders.
_Disclaimer: The above information is not investment advice and may contain forward-looking statements, subject to risks and uncertainties beyond the company’s control._
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