OceanaGold: Five-Year Plan to Increase Production and Reduce Costs

Corporate update from the global gold producer. The 2021 production range is 340,000 to 380,000 gold ounces with AISC of $1,050 to $1,200 per ounce sold, reflecting a production increase of approximately 20% over 2020 at approximately 12% lower AISC.

 Five-year production is expected to increase to over 500,000 ounces of gold with higher margins at lower costs and declining expansionary capital investment. The strong production outlook is supported by the completion of low-cost organic growth projects in favorable jurisdictions in North America and New Zealand.

TSX:OGC
Frankfurt:RQQ
WKN:A0MVLD
www.oceanagold.com

Markets:

Related Videos

Mining News Flash with Mogotes Metals, Victoria Gold and OceanaGold

Mining News Flash with Mogotes Metals, Victoria Gold and OceanaGold

OceanaGold: Successful IPO of the Didipio Mine in the Philippines and Chart Analysis

OceanaGold: Successful IPO of the Didipio Mine in the Philippines and Chart Analysis

Mining News Flash with OceanaGold, Tudor Gold and Sierra Madre Gold and Silver

Mining News Flash with OceanaGold, Tudor Gold and Sierra Madre Gold and Silver

OceanaGold: Corporate Update and Summary of Q1 Figures

OceanaGold: Corporate Update and Summary of Q1 Figures

Why OceanaGold and Endeavour Silver are Excellent Picks in a Precious Metals Bull Run

Why OceanaGold and Endeavour Silver are Excellent Picks in a Precious Metals Bull Run

Gold Price Breakout - These Companies Offer the Best Leverage

Gold Price Breakout - These Companies Offer the Best Leverage

OceanaGold: IPO of the Wholly Owned Subsidiary that Operates the Didipio Mine in the Philippines

OceanaGold: IPO of the Wholly Owned Subsidiary that Operates the Didipio Mine in the Philippines

News: OceanaGold, Osisko Gold Royalties, Cosa Res., Uranium Energy, Chesapeake Gold & Calibre Mining

News: OceanaGold, Osisko Gold Royalties, Cosa Res., Uranium Energy, Chesapeake Gold & Calibre Mining

OceanaGold: Higher Profitability in 2024 by Increasing Production and Reducing Costs

OceanaGold: Higher Profitability in 2024 by Increasing Production and Reducing Costs

Mining News Flash with Discovery Silver and OceanaGold

Mining News Flash with Discovery Silver and OceanaGold

Mining Newsflash with OceanaGold, Gold Royalty, Alpha Lithium and Gama Explorations

Mining Newsflash with OceanaGold, Gold Royalty, Alpha Lithium and Gama Explorations

Mining Newsflash with OceanaGold and Tudor Gold

Mining Newsflash with OceanaGold and Tudor Gold

Mining Newsflash with Karora Resources, Hannan Metals, OceanaGold and Victoria Gold

Mining Newsflash with Karora Resources, Hannan Metals, OceanaGold and Victoria Gold

OceanaGold: Reducing Debt Significantly and Lowering Costs through Production Increase in the Future

OceanaGold: Reducing Debt Significantly and Lowering Costs through Production Increase in the Future

OceanaGold Presents Strong Results for 2022 and Gives Growth Outlook

OceanaGold Presents Strong Results for 2022 and Gives Growth Outlook

OceanaGold: CEO Insight on Gold Production Increase, Cost Reduction and Exploration Potential

OceanaGold: CEO Insight on Gold Production Increase, Cost Reduction and Exploration Potential

OceanaGold Presents Figures for the Third Quarter of 2022

OceanaGold Presents Figures for the Third Quarter of 2022

Mining Newsflash with Discovery Silver, OceanaGold and Osisko Metals

Mining Newsflash with Discovery Silver, OceanaGold and Osisko Metals

OceanaGold: Strong 2021 Numbers and Positive Outlook with Production Increase

OceanaGold: Strong 2021 Numbers and Positive Outlook with Production Increase

Mining Newsflash with Karora Resources, Summa Silver, OceanaGold and Consolidated Uranium

Mining Newsflash with Karora Resources, Summa Silver, OceanaGold and Consolidated Uranium

More Videos in Gold

Sierra Madre Gold & Silver: Site Visit at Mexico’s Newest Silver and Gold Producer

Sierra Madre Gold & Silver: Site Visit at Mexico’s Newest Silver and Gold Producer

Amex Exploration: Highly Economic Gold Project in Ontario, Canada, with a 2 Stage Production Plan

Amex Exploration: Highly Economic Gold Project in Ontario, Canada, with a 2 Stage Production Plan

Mayfair Gold: Developing a Gold Project on the Fast Track to Production in Ontario, Canada

Mayfair Gold: Developing a Gold Project on the Fast Track to Production in Ontario, Canada

Sierra Madre Gold and Silver: Interview at La Guitarra & Insight into the Acquisition of Del Toro

Sierra Madre Gold and Silver: Interview at La Guitarra & Insight into the Acquisition of Del Toro

Gold Royalty Acquires a Royalty on the Copper-Gold Project Pedra Branca in Brazil

Gold Royalty Acquires a Royalty on the Copper-Gold Project Pedra Branca in Brazil

Mining News Flash with Aurania Resources, Uranium Energy and Miata Metals

Mining News Flash with Aurania Resources, Uranium Energy and Miata Metals

Mining News Flash with Miata Metals, Millennial Potash, Fury Gold Mines and Osisko Development

Mining News Flash with Miata Metals, Millennial Potash, Fury Gold Mines and Osisko Development

Abcourt Mines: Targeting Commercial Gold Production in 2026 and Ongoing Exploration at Flordin

Abcourt Mines: Targeting Commercial Gold Production in 2026 and Ongoing Exploration at Flordin

Amex Exploration: Feasibility Study for Very Economic Gold Project in Canada Coming in 2026

Amex Exploration: Feasibility Study for Very Economic Gold Project in Canada Coming in 2026

Abitibi Metals:  45.000m Drill Program in 2026 at their Copper Gold Project in Quebec

Abitibi Metals: 45.000m Drill Program in 2026 at their Copper Gold Project in Quebec

Revival Gold: CEO on Current Drill Program at Mercur for Pre-Feasibility Study in 2026

Revival Gold: CEO on Current Drill Program at Mercur for Pre-Feasibility Study in 2026

First Mining Gold: Advancing Two Large Canadian Gold Projects Towards Development

First Mining Gold: Advancing Two Large Canadian Gold Projects Towards Development

Rick Rule: "I am Buying the Most Hated Commodities Now"

Rick Rule: "I am Buying the Most Hated Commodities Now"

PTX Metals: Advancing a Polymetallic Project in Ontario, Canada, Towards Development

PTX Metals: Advancing a Polymetallic Project in Ontario, Canada, Towards Development

Southern Cross Gold: Approved Shaft Reduces Exploration Costs and Simplifies Access

Southern Cross Gold: Approved Shaft Reduces Exploration Costs and Simplifies Access

Mining News Flash with Endeavour Silver, Fury Gold Mines and Osisko Development

Mining News Flash with Endeavour Silver, Fury Gold Mines and Osisko Development

Kingfisher Metals: Exploring a Large Gold-Copper Porphyry Project in British Columbia

Kingfisher Metals: Exploring a Large Gold-Copper Porphyry Project in British Columbia

Minera Alamos: New Management and Target to Become a Mid-Size Gold Producer

Minera Alamos: New Management and Target to Become a Mid-Size Gold Producer

New Found Gold: CEO on the Merger with Maritime Resources and the Plan to Become a Mid-Tier Producer

New Found Gold: CEO on the Merger with Maritime Resources and the Plan to Become a Mid-Tier Producer

Barton Gold: 3-Stage Production Plan for Gold in Australia

Barton Gold: 3-Stage Production Plan for Gold in Australia

Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!

Commodity-TV

Advertising

News

View all

Short News

View all