OceanaGold Corporation (ASX:OGC, NZX:OGC) has reported Q3 profit of $30.4 million on revenue of $364 million for the first nine months of the year.
This compares to profit of $73.7 million on revenue of $420 million at the same time last year.
Oceana also reported the completion of the acquisition of Romarco Minerals and says it has received regulatory approval from the New Zealand Overseas Investment Office to acquire the Waihi Gold Mine from Newmont Mining.
OceanaGold was recently given buy recommendations from analysts in North America ahead of its third quarter report.
OceanaGold reported a net profit of $30.59 million for the half year ended 30th June 2015.
