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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Post by Awardedon Feb 09, 2022 3:21am

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Post# 34411216

Summary of Multi-Year Outlook

Technical review completed at Haile. All costs of operation are higher

Overall, 2022 consolidated gold production of 445,000 to 495,000 ounces at AISC of $1275 to $1375. (comparison: 2019 AISC = $1061, 2020 AISC = $1276 and 2021 AISC = $1247).

Net non-cash impairment charge of $102 million on 2021 financial statements ($181 million for Haile less reversal of previous impairment of $79 million for Didipio).