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Soft June quarter for OceanaGold

GOLD production by OceanaGold is expected to be slightly stronger in the second half of 2017 after output fell 16% in the recent June quarter due to slower performance at both the Didipio operation in the Philippines and the new Haile gold development in South Carolina.

Michael Quinn
Soft June quarter for OceanaGold

OceanaGold said the June quarter decline had been forecast, with Didipio processing lower grade ore and Haile having commissioning issues in the carbon-in-leach circuit and the SAG mill grates. Operations...

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