OceanaGold hunts for Aussie acquisitions

Gold miner OceanaGold is looking for further acquisitions in Australasia, where the company believes gold projects are undervalued.

OceanaGold is using its three New Zealand gold mines - Macraes mine and the neighbouring Frasers underground mine near Dunedin, and Reefton - producing about 300,000 ounces a year as its foundation to expand in the region.

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