OceanaGold Corporation

OceanaGold has employed a hedging program for its Reefton gold mine in New Zealand. Credit: OceanaGold

Is hedging making a comeback?

At the end of January, Australian gold producer Northern Star Resources (ASX: NST) announced a hedge program of 100,000 oz. gold production for one year at an average gold price of A$1,462.16 (US$1,295.28) per oz., calling its decision a…


OceanaGold posts strong finish in 2013

OceanaGold (TSX: OGC; US-OTC: OGDCF; ASX: OGC) exceeded its gold and copper production guidance for 2013 at lower than planned costs, while slashing debt by US$45 million in the fourth quarter, the company reports.


The processing plant at OceanaGold's Didipio copper-gold mine on Luzon Island in the Philippines. Credit: OceanaGold

OceanaGold sees a strong 2014 at Didipio

OceanaGold (TSX: OGC; US-OTC: OGDCF; ASX: OGC) has reduced the mine life for its Macraes gold mine in New Zealand, but expects a strong production year at its new Didipio copper–gold mine in the Philippines, leaving many investors…


Toronto Stock Exchange, Oct. 7-11

The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…


The processing plant at OceanaGold's Didipio mine in the Philippines. Source: OceanaGold

OceanaGold’s Didipio mine starts strong

Commercial production began in April at OceanaGold’s (TSX: OGC) Didipio mine in the Philippines, and in the second quarter the mine churned out 13,676 oz. gold and 5,710 tonnes copper. For the first six months of the year Didipio’s…


New milestone for OceanaGold

Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.


Crushing facilities at OceanaGold's Didipio copper-gold project on Luzon Island in the northern Philippines. Photo by OceanaGold

OceanaGold: What’s the dillio with Didipio?

After the financial crisis derailed the Didipio copper-gold project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…


Update: OceanaGold nears commissioning at Didipio

After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…






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