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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

Comment by Esther1on Nov 07, 2024 12:55pm
51 Views
Post# 36301380

RE:Conference Call, Anyone Listen?

RE:Conference Call, Anyone Listen?I did.  The quarter went more or less as expected, hence muted reaction. 
Should be the best quarter OGC ever had in 4th quarter if prices hold and even low end of mangement forecasts. 

I think maybe a bit of concern over revised forecasts for annual production and increased AISC and Capital Expenditure, but I think most people had figured that out without management advising. 

Didipio and Waihi mines have some concerns and discussed. 

Overall though things seem okay ( IMO) and pretty confident will be very good 4th quarter, especially with 10,000 ounces produced and unsold.  It is next year that is more unclear until more guidance is given.  I think that if Gold keeps around this price it is pretty hard for OGC not to trend up, unless something significant negative happens 

PS the high AISC has very little to do with oil price as has been pretty stable if not going down)
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