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Oceana Gold Corp.

03:52 PM EST - Oceana Gold Corp. : reported second-quarter earnings of $40.11 million U.S. or $0.21 U.S. per share versus a loss of $19.25 million U.S. or $0.12 U.S. per share in the previous year. Gold sales for the recent quarter increased to $55.01 million U.S. from $53.07 million U.S. in the comparable period. The company said its production guidance for fiscal 2009 of 280,000 - 300,000 ounces at operating cash costs of $365 - $405 U.S./oz is maintained. Oceana Gold Corp. shares T.OGC are trading up $0.09 at $0.97.