OceanaGold declares $12-M dividend

AUSTRALIAN miner OceanaGold Corp., which owns and operates the high-grade gold-copper Didipio Mine in northern Luzon, has declared a $0.04 per common share dividend, or an aggregate dividend of about $12 million, after posting a record profit for 2014.

On Thursday, OceanaGold said that for a second consecutive year and despite a lower average gold and copper price received, it achieved record revenue of $563.3 million and a net profit of $111.5 million.