OceanaGold raises $117m in equity
Submitted by Manish Verma on Wed, 10/06/2010 - 11:05
The Australian company OceanaGold has raised gross proceeds of 115 million dollars through an equity rising. The firm operates mines in Reefton and Otago.
The underwriters had confirmed that the order for 33 million special warrants acquiring common shares and chess depository interests in the company.
Mine Results in Otgao Promised by OceanaGold
Submitted by Manish Verma on Mon, 05/03/2010 - 20:44
In an exciting new development, OceanaGold has announced that results from the ongoing drilling at its Frasers Underground mine, which is located in the Macraes Goldfield in Otago, has led the company to identify some definite extensions to the area of gold mineralization.
Miner OceanaGold hikes mineral reserves
Submitted by Manish Verma on Tue, 12/15/2009 - 20:24
Rise in gold prices has led Australasian mining company OceanaGold to revise its mineral reserves at the Macraes and Reefton gold sites located in the South Island. The firm has increased reserves by about 617,000 ounces. It has also been working out plans for expanding pits at Macraes in East Otago.
