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BRIEF-OceanaGold Posts Q4 Adjusted Net Profit USD2.0 Million

Published 19/02/2021, 10:45 am
© Reuters.
OGC
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Feb 19 (Reuters) - OceanaGold Corp OGC.AX :

* Q4 ADJUSTED NET PROFIT USD 2.0 MILLION

* Q4 REVENUE OF $168 MILLION

* Q4 PRODUCTION OF 99,155 GOLD OUNCES

* 2021 PRODUCTION RANGE OF 340,000 TO 380,000 GOLD OUNCES AT AISC OF $1,050 TO $1,200 PER OUNCE SOLD

* Q4 AISC OF $1,080 PER GOLD OUNCE SOLD, DOWN 36% QUARTER-ON-QUARTER

* INCREASING FIVE-YEAR PRODUCTION TO OVER 500,000 OUNCES OF GOLD WITH INCREASING MARGINS ON LOWER COSTS

* TOTAL CAPITAL INVESTMENTS FOR FULL YEAR 2021 EXPECTED TO BE $280 TO $310 MILLION

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