OGC 0.00% $2.20 oceanagold corporation

July 30 (Reuters) - OceanaGold Corp (OGC) : Q2 REVENUE OF $95.8...

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    July 30 (Reuters) - OceanaGold Corp (OGC) :

    • Q2 REVENUE OF $95.8 MILLION
    • REVISED 2020 PRODUCTION GUIDANCE FROM 360,000 TO 380,000 TO 340,000 TO 360,000 OUNCES
    • CONSOL Q2 GOLD PRODUCTION OF 58,678 OUNCES AT AISC OF $1,265 PER OUNCE
    • Q2 NET LOSS $31.4 MILLION VERSUS PROFIT $15.3 MILLION
    • FY CONSOLIDATED AISC REVISED DOWNWARD SLIGHTLY TO $1,050 TO $1,100 PER OUNCE SOLD
    • EXPECT INCREASED PRODUCTION AT LOWER AISC IN H2 FROM BOTH HAILE AND MACRAES
    • HAILE AND MACRAES Q4 EXPECTED TO BE STRONGEST QUARTER OF YEAR
    • NOW EXPECT MACRAES TO PRODUCE BETWEEN 140,000 & 150,000 OUNCES OF GOLD IN FY AT CORRESPONDINGLY HIGHER CASH COST & AISC
    • AS AT JUNE 30, NET DEBT INCREASED QUARTER-ON- QUARTER TO $169.6 MILLION
    • CONSOLIDATED Q2 GOLD SALES OF 61,955 OUNCES
 
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Currently unlisted public company.

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