News: OGC Oceanagold Corp says qtrly core earnings $66.9 mln

Feb 23 (Reuters) - Oceanagold Corp (OGC) :

• "Achieved record full year revenue of $628.6 million and net profit of $136.5 million"
• "Achieved EBITDA of $283.6 million for full year and $66.9 million for Q4"
• "Reported quarterly revenue of $147.4 million and net profit of $42.6 million in Q4"
• Declared semi-annual dividend of $0.01 per common share
• "With growth in production and higher margins expected in 2017, we are further strengthening our financial results and balance sheet"
• In 2017, company expects to produce 550,000 to 610,000 ounces of gold and 15,000 to 17,000 tonnes of copper
• Commissioning of Haile continues to advance well and we expect to announce commercial production early in Q2
• Sees 2017 sector leading all-in sustaining costs range from $600 to $650 per ounce sold
• "DENR order remains under appeal with office of president in Philippines. Didipio mine continues to operate without interruption"