CAPITAL MARKETS

Hail Haile once hiccups resolved

AMBITIOUS gold company OceanaGold Corp has increased reserves by an impressive 70% at its new Haile project in South Carolina but has lowered output guidance for the current year after being hit by short-term plant issues.

Michael Quinn
Hail Haile once hiccups resolved

The operation is now being forecast to produce between 110,000 ounces and 130,000oz in 2017, down from a previously flagged 150,000-170,000oz. Problems included the SAG mill grate, regrind inflow, CIL...

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