OceanaGold Announces $240 Million Investment in Historic Charlotte-Area Gold Mine

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With gold prices now surpassing $4,600 per ounce, the Charlotte area’s largest gold mine has just announced a historic $240 million investment, bringing 200 new jobs to our area.

OceanaGold is expanding its Haile Gold Mine near Kershaw as it ramps up production and transitions operations.

The gold mine, estimated to be sitting on over $5 billion worth of gold, already employs roughly 850 full-time workers and 150 contractors. New hires will span engineering, operations, and heavy equipment roles.

Company leaders say the investment will support both current production and future growth. The site is shifting between underground and open pit mining, increasing demand for skilled workers.

The expansion follows a strong year for the company, including record production and increased exploration activity. OceanaGold also began trading on the New York Stock Exchange in April to attract more U.S. investment.

The economic impact is substantial. A 2025 University of South Carolina study estimates the mine generates $717.5 million annually across the state, with a projected $9.3 billion impact by 2037.