Dunedin Television|On Demand - Freeview|HD Channel 39 - Saturday, August 23rd, 2014

Oceana Gold shares have a slight rise

Oceana Gold shares have had a slight rise, following a 15% drop in the last three weeks.

The company that owns the Macraes gold mine near Palmerston raised $114 million in Canada recently.

The company is expected to use that money for paying debt, and providing balance sheet and operating flexibility.

Shares this afternoon stood at $3.60, up 1.4%.