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OceanaGold offsets lower Macreas output with record Didipio performance

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
Dual-listed gold miner OceanaGold has achieved record production from its Didipio operation, in the Philippines, during the quarter ended March, although the company’s total gold output dipped slightly. Total gold production declined to 91 146 oz, from the 92 712 oz delivered in the previous quarter, while copper production for the first quarter reached 6 102 t, compared with the 6 747 t delivered in the fourth quarter. The decrease was a result of lower production from the Macraes operation, in New Zealand, which was partially offset by higher production from Didipio and Reefton.
 
 
 
 
 

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