- Published: Thursday, 27 April 2017 15:04
- Written by E&MJ News
In its first quarter 2017 earnings report, OceanaGold reported record quarterly consolidated production of 147,956 oz of gold. Consolidated all-in sustaining costs were $521/oz on sales of 114,022 oz of gold (excluding Haile) and 4,148 metric tons (mt) of copper. The company reported an after-tax profit of $36 million after recognizing an impairment charge of $17.7 million on the mining assets held in El Salvador. During the quarter the company also transitioned the Haile mine from the commissioning team to the operations team.