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OceanaGold's profit pummelled by Didipio

OceanaGold’s full year net profit has plummeted more than US$100 million to $14 million after copper and gold output was hit by the unexpected cessation of production from the Didipio operation in Philippines.

Staff reporter
 Haile going well for OceanaGold, Didipio not so much

Haile going well for OceanaGold, Didipio not so much

The permitting issue in the Philippines saw copper sales more than halve to 6,900t while gold sales of 448,400 ounces in 2019 were also down on the 532,716oz sold in 2018. Mitigating to some extent...

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