OceanaGold Corporation (TSE:OGC) has released an update.
OceanaGold Corporation anticipates 2024 to be a year of significant production growth and robust free cash flow, following a first quarter in line with expectations. The company’s mining operations are set to ramp up, with key projects such as Haile’s Horseshoe underground and Macraes’ Innes Mills expected to reach full production rates in the second half of the year. OceanaGold also reported promising exploration results and plans to strengthen its balance sheet by repaying debt with proceeds from a subsidiary’s upcoming listing.
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