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Decline posted.
OCEANAGOLD CORP. has posted a 36.6% decline in its comprehensive income for 2011 from a year ago as higher expenses put a drag on revenues. Financial results posted late last week showed that OceanGold's income in 2011 amounted to $41.3 million from $61.3 million in 2010. This, despite a 29% increase in its full year revenue to $395.6 million from $305.6 million in 2010, due mainly to a rise in gold sales, which amounted to $395.6 million in OceanGold's last fiscal year, up 29.5% from $305.6 million in …
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