OceanaGold smashes quarterly records

OCEANAGOLD delivered record earnings for the March quarter, and a significant production boost over the December quarter, and it is looking to better that this quarter now its Didipio mine in the Philippines achieved full underground mining rates in March.

OceanaGold smashes quarterly records OceanaGold smashes quarterly records OceanaGold smashes quarterly records OceanaGold smashes quarterly records OceanaGold smashes quarterly records

Macraes remains a solid producer

Revenue and EBITDA smashed prior records of US$286 million and $158 million respectively, with a net profit after tax of $79 million, which resulted in its mines throwing off free cash of $63 million.