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Milestone quarter for OceanaGold

GOLD miner OceanaGold has poured the two-millionth ounce at its Macraes operation in New Zealand while posting an improved production quarter with an increase in output and a reduction in cash costs.

Ben Sharples
Milestone quarter for OceanaGold

The December quarter saw the production of 48,281 ounces, compared to 47,524oz in the corresponding 2004 period, with cash costs coming in at $A347 per ounce ($A360/oz). OceanaGold said mining in the...

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