Oceana Gold

Mick Wilkes

OceanaGold raised to ‘accumulate’ by Forsyth Barr as share decline outpaces fall in gold price

Thu 10 Oct

OceanaGold Corp. was raised to 'accumulate' from 'hold' by brokerage Forsyth Barr after a decline in the share price exceeded softer gold prices.

OceanaGold to lift gold output at cheaper cost in 2013 as Didipio comes on stream

Wed 19 Dec

Strong gold production expected from Macraes gold mine near Dunedin next year.

Pot of gold delivered by court to mine worker

Thu 19 Aug

The Australian owners of New Zealand’s biggest gold mine have been forced to take back a sacked worker and pay her 3½ years worth of missed wages – well in excess of $100,000.

Tracey Jinkinson worked as a grade controller for 19 months from May 2005 at Oceana Gold’s mine at Macraes, about 90km north of Dunedin in Otago.

In December 2006, Ms Jinkinson was made redundant when the company merged the roles of grade controllers and ore spotters into fewer new mine technician roles.

Mineral reserves extends Macraes mine life to 2016

Mon 18 Jan

Australasian mining company Oceana Gold has made a second announcement about increased mineral reserves at its Macraes goldfield site, extending the life of the mine to 2016.

Analysts say the company is in a strong position going into 2010, even if the gold price drops from its $US1130 an ounce price.

The dual-listed (NZX: OGC) company also expects further results in the next few months, as a result of its brownfields exploration project, said vice-president of corporate and investor relations, Darren Klinck.

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