OceanaGold Corporation (TSE:OGC) has released an update.
OceanaGold Corporation has published its Annual Information Form and updated technical reports for its Haile and Macraes projects, indicating a promising growth trajectory for Haile, with an expected increase in gold production and a 12-year mine life. The company has also identified potential improvements and exploration areas that could further enhance Haile’s economics. Meanwhile, Macraes’ updated report reflects a conservative approach, removing the Round Hill Open Pit from reserves, but the company remains optimistic about extending the mine’s life and cash flow in light of current gold prices.
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