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gold investing

OceanaGold Achieves Commercial Production at the Haile Gold Mine

Written by Priscila Barrera
|
Oct. 04, 2017 08:50AM PST

OceanaGold Corporation (TSX/ASX: OGC) (the “Company”) is pleased to announce that the Haile Gold Mine (“Haile”) commenced commercial production on October 1, 2017. As quoted in the press release: Mick Wilkes, OceanaGold President and CEO said, “The achievement of commercial production is a major milestone for the Haile Gold Mine. It was through the hard work …

OceanaGold Corporation (TSX/ASX: OGC) (the “Company”) is pleased to announce that the Haile Gold Mine (“Haile”) commenced commercial production on October 1, 2017.
As quoted in the press release:

Mick Wilkes, OceanaGold President and CEO said, “The achievement of commercial production is a major milestone for the Haile Gold Mine. It was through the hard work and dedication of our workforce and unwavering support from our shareholders, local stakeholders and partners that we are at this pivotal point only less than two years after taking ownership of this world-class asset located in South Carolina, United States.” He went on to say, “The operation is back on track following the disappointment of the second quarter. Process plant throughput has improved and is close to design rates, while grade and recoveries are in-line with our expectations. Over the course of the next several months, we will continue to ramp-up operations and focus on fine-tuning of the process plant for incremental improvements.”

Click here for the full text release

asx:ogc haile gold mine united states gold investing
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