Welcome to our dedicated page for Oceanagold news (Ticker: OCANF), a resource for investors and traders seeking the latest updates and insights on Oceanagold stock.
OceanaGold Corporation reports operational, exploration and corporate developments for a global intermediate gold and copper producer. The company operates the Haile Gold Mine in the United States, the Macraes and Waihi operations in New Zealand, and an 80% interest in the Didipio Mine in the Philippines.
Recurring news themes include Wharekirauponga drilling and resource conversion, Waihi North Project permitting, mineral reserves and resources, NI 43-101 technical reports, production and cost guidance, financial results, dividends and share repurchases, sustainability reporting, and listing changes following the commencement of trading on the New York Stock Exchange.
OceanaGold reported its operational and financial results for the first quarter of 2024, expecting strong production growth and free cash flow delivery. The company remains on track to meet full-year guidance with 104,800 ounces of gold and 3,000 tonnes of copper produced. AISC of $1,823 per ounce, revenue of $270.3 million, and net debt of $81.8 million were reported. Exploration results were positive, but the net loss of $5.3 million was a negative aspect.
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