[posting]31190795[/posting]Schon längst da.
OceanaGold does not say Q2 profit or loss
2007-08-14 10:44 ET - News Release
Mr. Darren Klinck reports
OCEANAGOLD REPORTS 2007 SECOND QUARTER RESULTS
OceanaGold Corp. has released its financial results for the second quarter of 2007. The unaudited consolidated interim financial statements, and management discussion and analysis for the quarter ended June 30, 2007, will be available under the company's name on SEDAR and on the company's website. Highlights for the period are provided in this news release.
Highlights:
* The Oceana group restructured to a Canadian corporation with a Canadian Toronto Stock Exchange listing. OceanaGold completed an initial public offering (IPO) on the TSX, raising $100.7-million of gross proceeds at $3.50 per share, subsequent to quarter-end, completing the financing for the Didipio gold and copper project.
* Construction activity at Didipio in the quarter accelerated as planned, with the signing of key contracts and the continued advancement of site access works.
* Gold production totalled 40,255 ounces, with a significantly improved average gold price received and an increased cash operating margin.
* Frasers underground mine development progressed well and remains on schedule to commence operations at the beginning of 2008.
* Diamond drilling results from the Golden Point extension area provided indication of the existence of a new underground deposit at Macraes.
* Exploration drilling intersected high-grade mineralization at the Crushington prospect, Reefton goldfield.
Conference call details:
* 5:30 p.m. (Toronto time), Wednesday, Aug. 15, 2007 (7:30 a.m. (Melbourne time), Thursday, Aug. 16, 2007);
* 8 a.m. (London, United Kingdom, time), Thursday, Aug. 16, 2007 (5 p.m. (Melbourne time), Aug. 16, 2007);
* The calls will consist of a company presentation followed by a question-and-answer session.
Telephone participants
Australia: 1-800-701-269
Canada: 1-888-447-3085
Hong Kong: 800-968-831
New Zealand: 0-800-446-041
Philippines: 1-800-111-00434
Singapore: 800-616-3092
U.K.: 0-808-234-7860
United States: 1-866-242-1388
All other countries: +61-2-8823-6760
Conference ID: 7261982
Webcast participants
To register for the webcast, please go to the company's website and click on the webcast link.
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