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OceanaGold Corporation Previews Second Quarter Production Results

11 Jul 2018  |  16:31:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: OceanaGold Previews Second Quarter Production Results

OceanaGold Corporation reported the second quarter and first half ended 30 June 2018. On 19th June 2018, the Company announced an increase to its 2018 gold production guidance with stronger operating performance expected at Didipio and Haile. As a result, the Company's 2018 gold production guidance range was revised to 500,000 to 540,000oz. On a consolidated basis, the Company produced 268,597oz of gold, broadly in-line with the first half of 2017 as a full half of steady state operations at Haile offset lower production half-year production at Didipio. Second quarter gold production of 142,950oz was 14% higher compared to the first quarter of 2018 reflecting stronger production across all assets. Copper production for the second quarter was 3,919t and in-line with the previous quarter.

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