OceanaGold reports net profit of $133 million in 2022 as gold production up 30% gold mining OceanaGold
- OceanaGold reported today that the company achieved its consolidated full production and cost guidance in 2022, producing 472,201 ounces of gold and 14,361 tonnes of copper at an AISC of $1,407 per ounce.
Consolidated full year 2022 revenue was $967.4 million, a record for the company and a 30% increase on the previous year which reflects the successful ramp-up of Didipio and higher gold sales from the New Zealand operations. Full year 2022 earnings after tax were $137.0 million, $37.3 million or 37% higher than the prior year earnings after tax of $99.7 million. Full year 2022 net profit after tax was $132.6 million , and adjusted net profit after tax was $147.9 million or $0.21 per share fully diluted.
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