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OceanaGold Corp (OGC.AX)

OGC.AX on Australia Stock Exchange

4.02AUD
28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Oceanagold Corp says qtrly core earnings $66.9 mln
Thursday, 23 Feb 2017 01:42am EST 

Oceanagold Corp : "Achieved record full year revenue of $628.6 million and net profit of $136.5 million" . "Achieved EBITDA of $283.6 million for full year and $66.9 million for Q4" . "Reported quarterly revenue of $147.4 million and net profit of $42.6 million in Q4" . Declared semi-annual dividend of $0.01 per common share . "With growth in production and higher margins expected in 2017, we are further strengthening our financial results and balance sheet" . In 2017, company expects to produce 550,000 to 610,000 ounces of gold and 15,000 to 17,000 tonnes of copper . Commissioning of Haile continues to advance well and we expect to announce commercial production early in Q2 . Sees 2017 sector leading all-in sustaining costs range from $600 to $650 per ounce sold ."DENR order remains under appeal with office of president in Philippines. Didipio mine continues to operate without interruption".  Full Article

Oceanagold Corp responds to Philippines government press conference regarding mine closure
Wednesday, 1 Feb 2017 11:34pm EST 

Oceanagold Corp : Oceanagold provides comments on recent Philippines government press conference . "Company confirms that it has not received any formal suspension order from DENR" . "No legal basis for any proposed suspension" . "Didipio operation is not in violation of laws, rules or regulations, and operation is not posing threat to public, security, health, safety or otherwise" .Understand didipio was one of 6 mining operations listed for proposed suspension, with another 23 mining operations listed for closure.  Full Article

Oceanagold updates on 2016 production and cost guidance
Monday, 30 Jan 2017 01:33am EST 

Oceanagold Corp : Since 2013 expect to increase gold production by approximately 150% . Oceanagold achieves 2016 production and cost guidance . "Expect 2017 to be another solid year of performance across our business with higher production and stronger margins" . For 2017, co has increased its exploration budget to between $30 million and $41 million .Is also pleased to announce a consolidated 2017 capital expenditure program of $211 million to $252 million.  Full Article

OceanaGold updates on operations in Philippines
Tuesday, 27 Sep 2016 04:43am EDT 

OceanaGold Corp : OceanaGold Philippines update . Notes the press conference held by department of environment and natural resources . In the meantime, mining and processing activities are continuing at the Didipio Mine . Will seek clarification and reconsideration from the denr to further understand and rectify this matter in short order . Co confirms that it has not received any formal order from the department and is currently seeking clarification and further details . OceanaGold Didipio operation mentioned as one of the 23 mining companies listed that may have their operations suspended . Will consider all avenues, including working collaboratively with the denr, to facilitate the immediate resolution of matter . Suspended due to alleged outstanding social issues .  Full Article

Oceanagold reports fatality at Waihi gold mine in New Zealand
Thursday, 28 Jul 2016 11:13am EDT 

Oceanagold Corp : Oceanagold reports fatality at the Waihi gold mine in New Zealand . Waihi operation has been suspended while investigation is conducted . An underground mining operator was fatally injured following an incident on July 28 . Accident is currently under investigation and company is fully cooperating with police authorities .In 2016, company expects to produce 385,000 to 425,000 ounces of gold from combined New Zealand and Didipio Operations.  Full Article

OceanaGold provides 2016 gold and copper production forecast from Nz and Didipio operations
Monday, 18 Jul 2016 10:01pm EDT 

OceanaGold Corp : In 2016, expects to produce 385,000 to 425,000 ounces of gold and and 19,000 to 21,000 tonnes of copper from NZ and Didipio operations . Expects production target from NZ and Didipio operation at all-in sustaining costs of US$700 to US$750 per ounce .  Full Article

OceanaGold announces strategic investment in NuLegacy Gold
Thursday, 7 Apr 2016 02:20pm EDT 

OceanaGold:Announces strategic investment in NuLegacy Gold.Entered into an agreement to make a strategic investment in NuLegacy Gold Corporation, and, by way of a private placement, purchasing 47.66 million common shares of NuLegacy at a price of C$0.14 per share for gross proceeds of C$6.67 million.Upon completion of transaction, which is expected to close on or about April 13, 2016, the Company will own approximately 19.9% of NuLegacy's issued and outstanding shares on an undiluted basis.  Full Article

OceanaGold Corp declares dividend payment of US$0.04 per share
Thursday, 18 Feb 2016 04:10am EST 

OceanaGold Corp:For the 2015 financial year, the Board has declared a dividend payment of US$0.04 per share (for an aggregate of approximately US$24 million).Shareholders of record at the close of business in each jurisdiction on 1 March 2016 (the "Record Date") will be entitled to receive payment of the dividend on 29 April 2016.  Full Article

OceanaGold exercises right to increase ownership interest in Gold Standard to 19.9%
Monday, 8 Feb 2016 09:03am EST 

OceanaGold:Exercises right to increase ownership interest in Gold Standard to 19.9 pct.  Full Article

OceanaGold Corp gives FY 2016 production guidance
Tuesday, 26 Jan 2016 06:01am EST 

OceanaGold Corp:Announces FY 2016 production and cost guidance of 385,000 to 425,000 ounces of gold at continued low AISC of $700 to $750 per ounce.  Full Article

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