OceanaGold shares reach 22-month high as Didipio start looms

Thu, 04 Oct 2012

Oct. 5 (BusinessDesk) - OceanaGold Corp shares continued their solid run, rising 3.6 percent in early morning trading on the NZX, to reach a 22-month high of $4.07. The latest rise means shares in the gold miner have risen 77 percent in the last three months and coincides with a further progress report from the company today on preparations to start processing ore at its new gold mine, Didipio, in the Philippines. New Zealand brokers Forsyth Barr are calling the Didipio development a "game changer" for OceanaGold, whose existing operations ar...

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