AdvertisementsRevenue for the third quarter was $144.8 million with EBITDA of $73.4 million and net profit of $21.7 million. “I am pleased with our third quarter performance with higher gold production and steady financial results,” Mick Wilkes, OceanaGold president and chief executive officer, said in a statement on Friday. For 2017, the company expects to produce 550,000 to 600,000 ounces of gold and 18,000 to 19,000 tons of copper. Gold sold from Didipio Mine reached 124,308 ounces in the nine months while copper sold reached 13,249 tons. Third quarter output reached 136,043 ounces of gold and 4,387 tons of copper.

Source: Manila Times October 27, 2017 17:37 UTC