OceanaGold reduces production guidance

OCEANAGOLD has revised down its 2020 production guidance by around 20,000 ounces to between 340,000-360,000oz, with costs reduced from US$1075-1125 to $1050-1100/oz after it had a chance to assess its first half performance and second half outlook.

OceanaGold reduces production guidance OceanaGold reduces production guidance OceanaGold reduces production guidance OceanaGold reduces production guidance OceanaGold reduces production guidance

Waihi

It pinned the blame on lower Macraes production, primarily related to the impact of the five-week COVID-19 restrictions which were lifted in New Zealand on April 27.
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