OceanaGold expects annual copper, gold production to be flat, cuts costs

Mon, 08 Dec 2014

By Suze Metherell Dec. 9 (BusinessDesk) - OceanaGold Corp, which operates the Macraes goldfield in Otago, expects its annual gold and copper production to be largely flat in the year and signalled costs may fall as much as 13 percent. The Melbourne-based miner expects gold production to be between 295,000 ounces and 335,000 ounces in the year ending Dec. 31, that may eclipse last year's production of 325,732 ounces, it said in a statement. Copper production may be between 21,000 tonnes and 23,000 tonnes, short of the 23,059 tonnes produce...

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