OceanaGold Corp T.OGC

Alternate Symbol(s): OCANF

Metals & Mining Gold

OceanaGold Corporation is an intermediate gold and copper producer. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The gold, copper, and silver it produces are essential to the renewable energy and transport sectors, life-saving medical devices and technology which connects communities around the world. The Didipio gold and copper mine is in Luzon, Philippines. It produces gold and silver as dore bars and copper in concentrate. The Macraes Operation on the South Island of New Zealand is an active gold producing mine. The operation includes a large-scale surface mine, an underground mine, and an adjacent process plant inclusive of an autoclave for pressure oxidation of the ore. Its Waihi Operation in the North Island of New Zealand is an underground operation. The Haile Gold Mine, located in Kershaw, South Carolina, is a gold mine on the East Coast.

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OceanaGold Corp

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Comment by DirkStHouseon Aug 03, 2020 10:47pm

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Post# 31359333

RE:P on the Parade

I noticed the same, that at 1630 or so recieved for gold during the quarter, without hedges and only 2 mines running they would just break even. This is with the lowered didipio cost. ( 1mil a quarter was it ? )
They probably made some cash without the hedges with writeoffs and investments, but when I looked at it, I had hoped for better. But now gold is a lot higher again. ( 300$ )
Looks like we need all 4 mines running to make a nice profit.

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