OceanaGold narrows 2017 guidance as Haile teething problems dent project progress

June 26, 2017

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Melbourne, Australia-based gold producer OceanaGold on Monday said it has narrowed the top-end of its 2017 gold production guidance as teething problems at the company’s new Haile gold mine, in South Carolina stymies progress.
The TSX- and ASX-listed mid-tier miner, with assets located in the Philippines, New Zealand and the US, now expects to produce between 550 000 oz and 600 000 oz of gold in 2017, down from previous estimates calling for 550 000 oz to 610 000 oz of gold.

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