OceanaGold (TSE:OGC) has released an update.
OceanaGold anticipates meeting its full-year production and financial targets for 2024, having produced 98,200 ounces of gold in the second quarter and projecting strong cash flow in the latter half of the year. The company has begun harvesting higher-grade ore and has reached full mining rates at key sites, which is expected to bolster financial performance. Shareholders also benefit from a semi-annual dividend and a new share buyback program, reflecting the company’s healthy net cash position and commitment to increasing shareholder returns.
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