OceanaGold praises NZ operations
February 19th, 2010
Filed under: Operator - OceanaGold
MARTA STEEMAN - BusinessDay
Leading gold miner OceanaGold is aiming to raise US$75m to buy out its gold hedging contracts and sell its gold on the spot market.
The equity raising announcement comes as OceanaGold completes a record year of gold sales and production of more than 300,000 ounces from its New Zealand mines in the South Island. The company also owns a gold and copper project in The Philippines.
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