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OceanaGold Corporation (ASX:OGC, TSE:OGC) says its fourth quarter gold production was up 11 per cent on the previous quarter, to 65,750 ounces, slightly below expectations.

 

Revenue for the fourth quarter was $106.6 million, and operational expenditure was $55.6 million. 

 

The Asia Pacific gold miner has maintained its production guidance as reported in December: to be between 230,000 and 250,000 ounces of gold at cash costs of US$900 - $980 per ounce.

 

OceanaGold reported a profit of $17.6 million in the six months to June.