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OceanaGold reports lower Q2 gold and copper output

Melbourne-based miner OceanaGold has reported a decline in gold and copper production for the June quarter, owing to lower production from the Didipio mine, in the Philippines, and teething problems at the new Haile mine, in the US.

Gold production during the second quarter declined to 124 396 oz, compared with 147 956 oz in the previous quarter, while copper production declined from 5 955 t to 4 322 t.