Seeking Alpha update
Readers may wish to refer to the following assessment of OGC.
https://seekingalpha.com/article/2383125-update-oceanagold-earnings-higher-costs-and-lower-production
One thing in the report that surprised me was the statement that the company's production is set to decline as its New Zealand assets will no longer be in operation next year. This does not seem to be correct.
Macraes (about 170 koz gold per year) is supposed to have 8 years left plus additonal exploration potential. Reefton (about 60 koz gold per year) is estimated to terminate in late 2015. Didipio is currently producing about 120 koz gold and about 25 kt of copper. The phase out of Reefton will affect volume, but not to the extent that the reviewer purports.