Oceana Gold. Third Quarter Highlights

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Algemeen advies 30/10/2023 06:38
• 12MMA total recordable injury frequency rate of 4.1 per million hours worked.
• Consolidated production of 99,028 ounces of gold and 3,413 tonnes of copper.
• Third quarter All-In Sustaining Costs (“AISC”) of $1,911 per ounce on gold sales of 97,911 ounces
• YTD AISC of $1,563 per ounce on gold sales of 349,064 ounces.
• Revenue of $214 million, EBITDA of $59 million and NPAT of $(6) million.
• YTD revenue of $759 million, EBITDA of $312 million and NPAT of $102 million.
• Adjusted earnings of $0.00 per share and operating cash flow of $0.08 per share.
• Repaid $15 million on the revolving credit facility during the quarter.
• Net debt of $172 million as at September 30, 2023, at a leverage ratio of 0.41 times.
• First development ore from the Haile Underground delivered to surface and on track for first stope
ore to the mill in October.
• Extended known mineralization approximately 100 metres below the existing resource at Didipio.
• Haile third quarter production adversely impacted by final stage of now complete Mill Zone Pit.
• Macraes ball mill fully repaired and milling returned to full capacity in August 2023.
• Semi-annual dividend of $0.01 per share paid October 6, 2023.
see & read more on
https://ogc.irmau.com/site/pdf/8bba709f-91bf-40c2-9273-31bf0817a79a/OceanaGold-Q3-2023-MDA.pdf



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