OceanaGold Philippines Signs Waste Co-Processing Agreement, Saving $101,000
2026-06-22 10:19
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en.Wedoany.com Reported - Dimension News, OceanaGold Philippines Inc. (OGP) and Geocycle Philippines, a waste management company under Holcim Group, signed a two-year agreement on June 11, 2026. Under the agreement, Geocycle will transport residual waste from the Didipio gold-copper mine in Kasibu, Nueva Vizcaya, to its co-processing facility in Norzagaray, Bulacan, with transportation costs borne by OGP. The plan can divert up to 70% of mine residual waste from its own sanitary landfill, which will be used as alternative fuel and raw material for cement production after co-processing in cement kilns.

OceanaGold Philippines is a subsidiary of OceanaGold, a multinational mining company headquartered in Canada and listed on the Toronto Stock Exchange. The Didipio mine is a gold-copper mine located in northern Luzon, Philippines, approximately 270 kilometers from Manila. Geocycle is the global waste management business brand under Holcim Group, specializing in converting waste into energy and raw materials through cement kiln co-processing technology.

This collaboration is expected to extend the operational life of the existing sanitary landfill at the Didipio mine from 1.8 years to approximately 10.8 years, while also saving up to $156,000 (approximately 6.16 million pesos), as it may eliminate the need to construct new landfill facilities. James Isles, President of OGP Assets, stated that the existing landfill is nearing capacity and may be filled within the next year; rather than expanding the landfill area, the company opted for a more sustainable solution. The collaboration requires no capital investment, and Riyann Moster, Commercial Head of Geocycle Philippines, noted that co-processing technology helps reduce reliance on landfills while protecting natural resources.

This collaboration is part of OceanaGold's "Zero Waste to Landfill" goal. Previously, OGP began converting biodegradable waste into compost in 2023 and introduced plastic densification technology to recycle plastic waste streams into reusable products. This partnership demonstrates cross-sector innovation in the circular economy between the mining and cement industries, providing a practical example of sustainable waste management for the industry.

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