OceanaGold Q1 profit soars 370% on record gold prices

MANILA, Philippines — OceanaGold Philippines Inc. (OGP) reported a 369.9-percent surge in first quarter profit as higher metal prices made up for production dip. In a disclosure on Thursday, the local subsidiary of Australian-Canadian mining company OceanaGold Corp. said its net income had soared to $34.7 million in the three months ending March from $7.4 million