OceanaGold Corporation (OGC.TO) announced the updated Resource & Reserve statement as at 31 December 2012. Highlights: Total company Proven and Probable gold reserves virtually offset 2012 mining depletion and stand at 3.64 Moz gold and 0.24 Mt copper; Macraes Goldfield Measured and Indicated resources are stable at 3.90 Moz of gold (net of mine depletion) for the third consecutive year; Reefton Goldfield mine life confirmed to 2017; Total Measured and Indicated resources for the company stand at 6.73 Moz of gold and 0.29 Mt of copper with resource growth offsetting 2012 mining depletion.
OceanaGold Corporation is a significant multinational gold producer with projects located on the South Island of New Zealand and in the Philippines.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
