News: OGC OceanaGold provides update on its Philippines operations

Oct 18 (Reuters) - Oceanagold Corp (OGC)

• oceanagold provides update on its philippines operations
• confirms that it has received a letter from the department of environment and natural resources
• notes that, of findings and recommendations in audit report, a number of them were discussed as a matter of routine with denr audit team
• audit report states that the company "has extended more than what is required by law"
• Didipio mine continues to operate without interruption and 2016 guidance is firmly maintained
• findings in audit report relate mostly to need to further educate a broader group of stakeholders on specific aspects of operations