OceanaGold gains on news of Q4 uplift

Tue, 21 Jan 2014

By Suze Metherell Jan. 21 (BusinessDesk) – Shares of Melbourne based mining group OceanaGold has risen 9.7 percent in early NZX trading after announcing its gold production exceeded expectations in 2013. The company produced 325,732 ounces of gold across its New Zealand and Philippines operations, slightly ahead the top of the range it had forecast of 285,000 to 325,000 ounces. It says its 2013 final quarter was a record, producing 115,219 ounces. Its New Zealand operations in the three months to Dec 31, were 54 percent above the previous...

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