Didipio operator income down on weak gold, copper yields

The local subsidiary of Australian-Canadian mining firm OceanaGold Corp. posted an 11-percent decline in its net income during the nine-month period ending September on lower gold and copper production. In a disclosure on Thursday, OceanaGold Philippines Inc. (OGPI), which operates Didipio in Nueva Vizcaya, said net income dropped to $29.2 million from $32.7 million in
Read The Rest at :