Didipio troubles weigh on OceanaGold

Dual listed gold miner OceanaGold has reported lower revenues and profits for the year ending December as production volumes declined on the back of a decision to suspend mining operations at the Didipio mine, in the Philippines.

The TSX- and ASX-listed OceanaGold produced 470 600 oz during the full year ended December, down from the 5 33 300 oz produced in the previous financial year, while copper production declined from 15 000 t to 10 300 t.