From Otago Times 21st January In a corporate presentation...

From Otago Times 21st January

In a corporate presentation yesterday, Oceana said its mid-term strategy was to maintain annual gold production at 500,000oz to 600,000oz across its four mines.
It also noted Macraes production was expected to be about 180,000oz to 190,000oz and there was potential for a future mine life extension with work under way on its Round Hill project.
Didipio also produced 18,351 tonnes of copper, a gold-mining by-product which offsets the gold production costs, making it the least costly producer in Oceana’s portfolio.
"We look ahead to 2018 where we have many catalysts across our business and we will continue to advance our exploration programme to create organic value for our shareholders," Mr Wilkes said.
Oceana will supply its full financial report next month. Mr McIntyre expects a revenue boosted to $US724 million and, with lower costs, after-tax profit to come in about 29% up, at $US165 million.
Oceana booked its crucial "all-in sustaining cash costs" to produce an ounce of gold at $US617, at the bottom end of earlier guidance of $US600-$US650, across all its four mines. Didipio all-in costs were in a range of $US70, Haile’s $US509, Waihi in the central North Island at $US759 and Macraes’ at $US1115.
Mr McIntyre said the overall $US617 cost was down 13% on the previous year.
Gold sales during 2017 were 555,632oz. Oceana increased its cash in hand balance from $US61million to $US73million, and reduced debt by $US73million to $US167million.