Latest fromOceana Gold Limited

Local Focus: 150 years since Coromandel gold rush began
And it might not be over yet. Made with funding from NZ On Air.

OceanaGold to delist from NZX
OceanaGold Corp, owner of New Zealand's biggest gold mine at Macraes, is to delist from the NZX at the end of the year to reduce compliance costs.

OceanaGold's Pac Rim subsidiary chided
The subsidiary has been ordered to pay US$8 million to El Salvador to cover the country's legal fees and costs in a long-running arbitration.

OceanaGold first-half profit almost triples
The gain in first-half profit reflects a recovery in the price of gold.

Commodities slump hits miner
OceanaGold Corp, the gold and copper miner, said its annual profit halved due to low commodity prices and extra costs from its purchase of Waihi Gold Mine.

Oceana Gold tipped to boost production
Oceana Gold is predicted to boost gold production 30 per cent to 40 per cent by 2017.

Gold price plunges - Kiwis hold on
Gold prices have plunged to a five year low, but a local expert says Kiwi investors will hold out until prices lift again.

Miner cuts value with drilling on hold
The owner of the Sams Creek Gold Project, which sits atop what could be New Zealand's biggest undeveloped gold deposit, has slashed the value of the resource.

'Fed up' miners seek redundancy
An overwhelming number of experienced Stockton mineworkers have volunteered for redundancy because they're fed up, says a worker.

Huge slip closes mine
A massive slip at the open pit of the Macraes Gold Mine in Otago cut off access to underground workers, mining company Oceana Gold says.

NZ stocks mixed on light volume
NZ shares were mixed yesterday as investors cast forward to next month's earnings season, and as regional markets mulled this week's Federal Reserve meeting.

OceanaGold gains on news of Q4 uplift
Shares of Melbourne based mining group OceanaGold has risen 9.7 per cent in early NZX trading after announcing its gold production exceeded expectations in 2013.

100 jobs cut at Otago gold mine
OceanaGold plans to scale back its operations and is expected to axe more than 100 jobs at the Macraes goldfield in Otago in response to a falling gold price.

Oceana looks to end year on a high
After a troubled start to its calendar financial year, Oceana Gold is reaping benefits from cost savings and predicting a "strong finish" to the year.