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OceanaGold: Strong 2021 Numbers and Positive Outlook with Production Increase

04:00 MIN 3.617

Summary of 2021 numbers and outlook into 2022-2024. OceanaGold´s gold production was approximately 20% higher compared to 2020 and annual revenue was US$745 million, almost 50% higher than in 2020. For the next 3 years, OceanaGold sees annual production growth of 15% over 2021, with increasing free cash flow margins. Accordingly, consolidated production guidance for 2022 is 445,000 to 495,000 ounces gold and 11,000 to 13,000 tons copper with AISC of $1,275 to $1,375 per ounce gold sold.