OceanaGold resumes digging in New Zealand

OceanaGold resumes digging in New Zealand
Brent Melville
OceanaGold has resumed mining and exploration activities at both its Macraes and Waihi gold mines. The gold miner also reaffirmed its production guidance for 2020, saying it expects to produce between 360,000 and 380,000 ounces of gold this year at an estimated all-in-sustaining cost of between US$1,075-to-US$1,125 per ounce. The gold producer - whose assets include Macraes in North Otago, Waihi in the North Island, Didipio gold and copper mine in the Philippines and the Haile gold mine in the US state of South Carolina - suspended most o...