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OceanaGold Corp T.OGC

Alternate Symbol(s):  OCANF

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.


TSX:OGC - Post by User

Post by DirkStHouseon Jan 18, 2021 1:03am
160 Views
Post# 32317457

Q4 preliminary results

Q4 preliminary results
link to twitter

Haileproduced 48,988 ounces of gold in the fourth quarter and 137,413ounces for the full year.

Unaudited consolidated All-In Sustaining Costs (“AISC”) for the full year of $1,276per ounce sold and cash costs of $866per ounce sold.

Achieved consolidated full year gold production of 301,675ounces including 99,155ounces produced in the fourth quarter


In December, the Company met with Philippine Governmentofficials, as instructed by the Office of the President, to finalise the terms and conditions of the FTAA renewal. We expect therenewal will be returnedto the Office of the President for review and approvalin the near-term.Didipio is a world-class operation that employs thousands of Filipinosand is a significant source of economic benefit to the National Government as well as the local communities of Nueva Vizcaya and Quirino. We look forward to working with stakeholdersand Government officials to safely restart operations and continue the significant socio-economic benefitswhen the renewal has been approved. OceanaGold is a responsible gold mining Companythat is focussed onoperatingto the highest social and environmental international standards and considers Didipio the template for responsible mining globally.
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