OceanaGold's 2015 production beats expectation, raises forecast for 2016

Tue, 26 Jan 2016

By Paul McBeth Jan. 27 (BusinessDesk) - OceanaGold Corp, which bought the Waihi Gold Mine last year, extracted more gold than it expected in 2015 and is predicting it will exceed that again this year. The Melbourne-based company produced 419,153 ounces of gold in calendar 2015, up 36 percent from a year earlier and beating the 380,000-to-410,000 ounce range projected when it upgraded its forecast to account for the Waihi acquisition last year, it said in a statement. Across its operations, the Macraes and Reefton sites were ahead of guid...

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