Business Chief APAC+ANZ Magazine March 2016 | Page 51

MINING

“ Through our success , we have to be mindful to stay humble and just keep putting one foot in front of the other . It ’ s all about big vision — small steps .”

– Mick Wilkes , OceanaGold ’ s Managing Director and CEO
Philippines , the company delivered record annual gold production and throughput with 127,086 ounces of gold produced along with 3.58 million tons of ore processed . The company recorded unaudited consolidated All-In Sustaining Costs (“ AISC ”) of $ 709 per ounce sold and cash costs of $ 458 per ounce sold , both within the 2015 cost guidance range .
In addition , OceanaGold completed commissioning of the power grid connection at Didipio . The operation is now operating on grid power and the Company expects lower processing costs than in previous years . Development
www . oceanagold . com 51