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OceanaGold posts record FY16 revenue, net profit

Gold miner OceanaGold has reported record revenue for the financial year ended December 31, with net profit more than doubling.

The ASX- and TSX-listed company has reported revenue of $628.6-million for the year, compared with revenue of $507.9-million in 2015, while net profit increased to $136.4-million, from $53-million in 2015.