JUNIOR MININGINTELLIGENCE
CompaniesNewsProspectors EXLive NowMedia
JUNIOR MININGINTELLIGENCE
CompaniesNewsProspectors EXLive NowMedia
  1. Home
  2. /
  3. Companies
  4. /
  5. OceanaGold
  6. /
  7. News

OceanaGold news releases

TSX: OGC

44 press releases from OceanaGold, Nov 6, 2024 to Oct 6, 2026, newest first. That includes 8 drill results, 2 resource updates, 1 study result, 1 acquisition, 2 management changes and 30 corporate updates. Each headline links to the original release on the company’s own site. The list is refreshed every morning.

← OceanaGold profileCompany website ↗

202620 releases

  1. Oct 6, 2026

    OceanaGold Provides Notice of Third Quarter 2026 Results and Conference Call

    Third quarter 2026 operational and financial results will be released after market close on Wednesday, November 4, 2026, and posted to the company's website. Senior management will host a conference call and webcast on Thursday, November 5, 2026 at 10:00am ET (8:00am PT), accessible by webcast or by dialling 1-888-510-2154 toll-free in North America or 1-437-900-0527 internationally. A recording will be made available on the company's website.

    Corporate
  2. Sep 24, 2026

    OceanaGold Reports Exceptional High-Grade Drill Results at Wharekirauponga and Progress on Waihi North Project

    Sixteen new drill holes at Wharekirauponga, 10 km north of the Waihi Operation in New Zealand, returned results including 6.3 m at 97.2 g/t Au from 481.5 m and 8.5 m at 41.5 g/t Au from 399.0 m in the East Graben Vein, plus 9.6 m at 18.5 g/t Au in the hanging wall veins. Five rigs are now drilling. Decline development at the Waihi North Project has advanced about 350 m since May 2026, and a Waihi District technical report, assessing a plant expansion to 1.2 Mtpa, is planned for January 2027.

    Drill results
  3. Sep 23, 2026

    OceanaGold President and CEO to Retire in Q2 2027

    Gerard Bond, President and CEO of OceanaGold, has advised the Board of his intention to retire in April 2027, after five years leading the company. He will serve as a Special Advisor to the Board and the incoming President and CEO for six months after his departure. The Board has appointed search firm Spencer Stuart to evaluate internal and external candidates. The company says it is on track to meet 2026 production guidance and to add the Katanning Gold Project via the Ausgold acquisition.

    Management
  4. Sep 9, 2026

    OceanaGold Submits Permit Application and Provides Technical and Exploration Update Supporting Mine Life Extension at Macraes

    A permit application for the Macraes Phase 4 Project was lodged on September 9, 2026 under New Zealand's Fast-track Approvals Act 2024, seeking to extend mine life at Macraes, Otago, from the current 2032 reserve life to the late 2030s, with full permitting expected by mid-2027 subject to appeals. MP4 covers Southern Pit Innes Mills, Golden Point Underground extensions and open pit cutbacks, targeting production above 100,000 ounces per year. Drill results include 25.0 m @ 0.8 g/t Au at Innes Mills, 12.0 m @ 2.1 g/t Au at GPUG and 14.0 m @ 2.5 g/t Au at Nunns, from a 60,000 m program costing US$13 million in 2026.

    Corporate
  5. Aug 17, 2026

    OceanaGold Announces Acquisition of Ausgold

    A definitive scheme implementation deed has been signed for OceanaGold to acquire 100% of Ausgold Limited, owner of the Katanning Gold Project in Western Australia, with Ausgold shareholders receiving 0.03365 OceanaGold shares per share, implying A$1.36 per share and total equity value of about A$776M (US$549M), or cash subject to an A$194M cash pool. Ausgold shareholders would hold roughly 6% to 8% of OceanaGold. The Scheme Meeting is expected in late November 2026, with implementation in December 2026.

    Acquisition
  6. Aug 5, 2026

    OceanaGold Reports Second Quarter 2026 Results

    Second-quarter production was 138,800 ounces of gold and 2,700 tonnes of copper, with AISC of $2,151 per ounce, revenue of $647 million at an average realized gold price of $4,433 per ounce, net profit of $222 million and EPS of $0.99. Free Cash Flow was $130 million, cash rose 6% to $655 million with no debt, and $78 million was returned via dividends and buybacks. A $0.09 per share dividend is payable September 18, 2026; 2026 guidance is unchanged.

    Corporate
  7. Jul 22, 2026

    OceanaGold Announces Renewal of Share Buyback

    TSX approval has been received to renew OceanaGold's normal course issuer bid, allowing repurchase of up to 22 million common shares, about 10% of the public float, between July 24, 2026 and July 23, 2027, with a daily maximum of 209,812 shares. There were 222,447,523 common shares outstanding as of July 21, 2026. Over the prior 12 months the company repurchased 9,827,224 shares at an average price of C$37.61, totalling $270 million, and has completed $134 million of a $350 million 2026 buyback program. An Automatic Share Purchase Plan has also been established.

    Corporate
  8. Jul 7, 2026

    OceanaGold Provides Notice of Second Quarter 2026 Results and Conference Call

    Second quarter 2026 operational and financial results will be released after market close on Wednesday, August 5, 2026, and posted on the company's website. Senior management will host a conference call and webcast on Thursday, August 6, 2026 at 10:00 am EDT (7:00 am PDT), accessible by webcast or by phone at 1-888-510-2154 toll-free in North America or 1-437-900-0527 internationally. A recording will be made available on the company's website.

    Corporate
  9. Jun 9, 2026

    OceanaGold Reports Voting Results from its 2026 Annual Meeting of Shareholders

    Shareholders approved all items of business at OceanaGold's Annual General and Special Meeting held June 9, 2026 in Vancouver, with 184,072,822 common shares represented, or 82.06% of shares outstanding as at the record date. All eight director nominees were elected, with support ranging from 77.70% for Paul Benson to 99.89% for Alan N. Pangbourne and Gerard M. Bond. PricewaterhouseCoopers LLP was appointed auditor (98.29%), the say-on-pay resolution passed (97.25%), and a virtual-only 2027 annual meeting was approved (62.41%).

    Corporate
  10. May 12, 2026

    OceanaGold Announces Additional High-Grade Drill Results at Haile

    Drilling at the Haile Gold Mine in South Carolina, United States returned 15.5 m at 30.64 g/t Au (UGD 0121), 30.5 m at 13.86 g/t Au (UGD 0113) and 22.5 m at 13.42 g/t Au (UGD 0122) at Horseshoe Underground, and 27.9 m at 8.60 g/t Au (DDH 1313) and 27.9 m at 4.16 g/t Au (DDH 1319) at Ledbetter. Initial drilling at Clydesdale returned 14.5 m at 15.81 g/t Au, including 4.5 m at 41.6 g/t Au (DDH 1305). About 34,500 m of drilling is planned at Haile for 2026.

    Drill results
  11. May 6, 2026

    OceanaGold Delivers Strong First Quarter with $255M of Free Cash Flow

    First quarter production was 130,100 ounces of gold and 3,200 tonnes of copper at AISC of $2,094 per ounce, with revenue of $715 million, an average realized gold price of $4,894 per ounce, net profit of $228 million, EPS of $1.01, operating cash flow of $382 million and free cash flow of $255 million. Cash rose 30% to $620 million with no debt, and $77 million of shares were repurchased under the $350 million 2026 buyback. A $0.09 per share dividend is payable June 19, 2026 to holders of record May 20, 2026.

    Corporate
  12. Apr 29, 2026

    OceanaGold Releases 2025 Sustainability Report

    The 2025 Sustainability Report, for the year ended December 31, 2025, reports no workplace fatalities or life-altering injuries, a 36% reduction in Total Recordable Injury Frequency Rate versus 2024, a 38% reduction in GHG emissions over the last three years, and an MSCI AA ESG rating for a third consecutive year. OceanaGold spent $110M with nearly 800 local suppliers and $10M on community projects, and averaged 60% water re-used or recycled. David Bickerton was appointed EVP and Chief Sustainability Officer effective April 1, 2026.

    Corporate
  13. Apr 16, 2026

    OceanaGold Provides Notice of First Quarter 2026 Results, Conference Call, and 2026 Annual Meeting of the Shareholders

    First quarter 2026 operational and financial results will be released after market close on Wednesday, May 6, 2026, with a conference call and webcast to follow on Thursday, May 7, 2026 at 10:00 am EDT. The 2026 annual meeting of shareholders will be held virtually on Tuesday, June 9, 2026 at 12:00 pm EDT, with a record date of April 23, 2026 and the management information circular expected in early May 2026.

    Corporate
  14. Apr 7, 2026

    OceanaGold Commences Trading on the New York Stock Exchange

    OceanaGold's common shares began trading on the New York Stock Exchange at market open on Tuesday, April 7, 2026, under the ticker symbol OGC. Quotation on the U.S. OTC Markets has been discontinued, while the shares continue to trade in Canadian dollars on the Toronto Stock Exchange under the same OGC symbol. Shareholders are not required to take any action.

    Corporate
  15. Apr 1, 2026

    OceanaGold Confirms Continuity and Extension of Newly Defined Southern High-Grade Zone at Wharekirauponga

    Results from six drill holes at Wharekirauponga, 10 km north of the Waihi operation in New Zealand, include 14.9 m at 16.3 g/t Au from 466.5 m and 5.4 m at 25.8 g/t Au from 483.4 m in the EG Vein, plus 5.5 m at 24.1 g/t Au from 623.6 m. A newly defined southern high-grade zone of seven holes averaging above 160 gram metres spans 150 metres of strike, outside Mineral Reserves. Three rigs are drilling, with two more planned in the second quarter of 2026.

    Drill results
  16. Mar 31, 2026

    OceanaGold to list on the New York Stock Exchange on April 7, 2026

    The New York Stock Exchange has approved OceanaGold's application to list its common shares, with trading expected to begin at market open on Tuesday, April 7, 2026 under the ticker symbol OGC. Quotation on the U.S. OTC Markets will be discontinued following the NYSE listing, while the shares continue trading in Canadian dollars on the TSX under the same symbol. Shareholders are not required to take any action. Company representatives will participate in the NYSE Opening Bell ceremony on April 7, 2026.

    Corporate
  17. Mar 27, 2026

    OceanaGold Files Annual Information Form and Updated Technical Reports for Haile, Macraes and Didipio

    Updated NI 43-101 technical reports for the Haile Gold Mine in South Carolina, the Macraes operation in Otago, New Zealand, and the Didipio Mine in Luzon, Philippines have been filed, each dated March 27, 2026 with an effective date of December 31, 2025, alongside the company's Annual Information Form. The mine plans use 2025 Mineral Reserves only, estimated at a gold price of $2,200 per ounce, and exclude Inferred Mineral Resources. The company's 2026 guidance remains unchanged.

    Corporate
  18. Feb 18, 2026

    OceanaGold Reports Mineral Reserves and Resources for the Year Ended 2025

    Total Mineral Reserves as at December 31, 2025 stand at 5.83 Moz gold, down 0.39 Moz year-on-year, with Measured and Indicated Resources of 8.63 Moz and Inferred Resources of 2.5 Moz, using gold price assumptions of $2,200/oz for reserves and $2,450/oz for resources. An initial underground reserve of 0.44 Moz was declared at Ledbetter, Haile, replacing the final open pit phase, while open pit additions at Macraes extend that mine life to 2032. Technical reports for Haile and Macraes are due by March 31, 2026, Didipio in the first half of 2026.

    Resource update
  19. Feb 18, 2026

    OceanaGold Achieves 2025 Guidance & Delivers Record Free Cash Flow

    Full-year 2025 production was 497,600 ounces of gold at AISC of $1,966 per ounce, with Q4 output of 157,400 ounces of gold and 3,200 tonnes of copper, record quarterly revenue of $652 million at an average realized gold price of $4,227 per ounce, and annual Free Cash Flow of $542.7 million. Year-end cash was $477 million with no debt. 2026 guidance is 520,000 to 590,000 ounces at AISC of $1,750 to $1,900 per ounce, with $340 million growth and exploration capital. The quarterly dividend was tripled to $0.09 per share, payable April 2, 2026, and buybacks doubled to up to $350 million; an NYSE listing is planned for early April 2026.

    Corporate
  20. Jan 20, 2026

    OceanaGold Provides Notice of Fourth Quarter and Full Year 2025 Results and Conference Call

    Operational and financial results for the fourth quarter and year ending December 31, 2025 will be released after market close on Wednesday, February 18, 2026, and posted on OceanaGold's website. Senior management will host a conference call and webcast on Thursday, February 19, 2026 at 10:00 am EST (7:00 am PST), with a recording to be made available on the website afterward.

    Corporate

202520 releases

  1. Dec 18, 2025

    OceanaGold Receives Permit Approval for the Waihi North Project

    A New Zealand government-appointed Expert Panel has issued a final decision approving the Waihi North Project, permitting development of the Wharekirauponga Underground mine (~10 km north of the Waihi operation), associated surface infrastructure, expansion of the processing and water treatment plants, and a new tailings storage facility. The Board approved selection of the tunnelling contractor plus bulk earthworks at the Willows portal and a power upgrade, with tunnelling to begin in the first half of 2026. The permit doubles allowable drill rigs to six; gold production from WUG is expected in 2032, with first stope ore in 2033.

    Corporate
  2. Nov 25, 2025

    OceanaGold Extends High-Grade Mineralization at Wharekirauponga and Receives Draft Decision and Conditions to Approve the Waihi North Project

    Ten drill holes at Wharekirauponga, 10 km north of the Waihi operation in New Zealand, returned 13.9 m at 25.8 g/t Au from 466.8 m and 7.4 m at 5.3 g/t Au from 396.0 m in WKP137A, 1.8 m at 108.1 g/t Au from 514.7 m in WKP124J, and 3.2 m at 19.7 g/t Au in WKP124K, extending the EG vein 135 m south to a 1.5 km strike length. The Fast-track Expert Panel issued a draft decision indicating provisional intention to approve the Waihi North Project, with a final decision expected mid-December 2025; OceanaGold expects to spend $45 million on 2025 early works.

    Drill results
  3. Nov 5, 2025

    OceanaGold Reports Third Quarter 2025 Results

    Third quarter production was 103,500 ounces of gold and 3,100 tonnes of copper, with record revenue of $449 million, a record average realized gold price of $3,476 per ounce, attributable net profit of $87 million, EPS of $0.38 and Free Cash Flow of $94 million ($283 million year to date). Year-to-date AISC was $2,052 per ounce; cash stood at $335 million with no debt. The 2025 share buyback was increased 75% to $175 million, and a $0.03 per share dividend was declared, payable December 19, 2025.

    Corporate
  4. Oct 7, 2025

    OceanaGold Provides Notice of Third Quarter 2025 Results and Conference Call

    Third quarter 2025 operational and financial results will be released after market close on Wednesday, November 5, 2025, and posted on OceanaGold's website. Senior management will host a conference call and webcast on Thursday, November 6, 2025 at 10:00 am EST (7:00 am PST), with dial-in numbers 1-888-510-2154 in North America and 1-437-900-0527 internationally. A recording will be made available on the company's website.

    Corporate
  5. Sep 11, 2025

    OceanaGold Announces Ongoing Exploration Success at Haile

    Drilling at the Haile Gold Mine in the United States returned 28.9 m at 18.33 g/t Au from 489.1 m at Ledbetter Phase 4 (DDH 1279) and 8.7 m at 22.30 g/t Au (DDH 1281), plus 16.1 m at 16.33 g/t Au (UGD 0082) and 24.0 m at 7.99 g/t Au (UGD 0085) at Horseshoe Underground. Initial drilling returned 7.6 m at 10.39 g/t Au at Pisces and 26.2 m at 4.11 g/t Au at Clydesdale. Haile's 2025 exploration budget is $10 million.

    Drill results
  6. Aug 6, 2025

    OceanaGold Reports Record Quarterly Net Profit

    Second quarter production was 119,500 ounces of gold and 3,700 tonnes of copper at AISC of $2,027 per ounce, with year-to-date AISC of $1,915. Revenue was $432 million on a realized gold price of $3,293 per ounce, net profit was $118 million, EPS $0.49, adjusted EPS $0.51, and Free Cash Flow $120 million, leaving $299 million cash and no debt. A $0.03 per share dividend is payable September 19, 2025; $41 million of shares were repurchased year to date.

    Corporate
  7. Jul 22, 2025

    OceanaGold Announces Renewal of Share Buyback

    The Toronto Stock Exchange has approved a renewal of OceanaGold's normal course issuer bid, allowing repurchase of up to approximately 23 million common shares, a maximum of 10% of public float, between July 24, 2025 and July 23, 2026, with a daily maximum of 180,933 shares. There were 231,121,129 shares outstanding as of July 21, 2025. Over the prior 12 months the company repurchased $65 million (6.85 million shares at an average C$13.06), with $59 million of the board-approved $100 million for 2025 remaining for the second half. An automatic share purchase plan has also been established.

    Corporate
  8. Jul 8, 2025

    OceanaGold Provides Notice of Second Quarter 2025 Results and Conference Call

    Second quarter 2025 operational and financial results will be released after market close on Wednesday, August 6, 2025, and posted on the company's website. Senior management will host a conference call and webcast to discuss the results on Thursday, August 7, 2025 at 10:00 am EST (7:00 am PST), with toll-free North America dial-in 1-888-510-2154 and international 1-437-900-0527. A recording will be made available on the company's website.

    Corporate
  9. Jun 25, 2025

    OceanaGold Extends Strike Length at Wharekirauponga

    Seven drill holes at Wharekirauponga, 10 km north of the Waihi operation in New Zealand, returned intercepts including 4.0 m at 43.8 g/t Au from 467.5 m and 5.9 m at 14.7 g/t Au from 398.6 m (WKP 137), 8.1 m at 11.8 g/t Au from 646.4 m (WKP 124G), and 4.1 m at 11.5 g/t Au from 532.4 m (WKP 124E). Mineralization is now defined over more than 1.4 km of strike, extended 240 metres south of previously intercepted mineralization. Approximately 5,000 metres remain to be drilled in 2025 with three rigs operating.

    Drill results
  10. Jun 19, 2025

    OceanaGold Announces Effective Date of Share Consolidation in Connection with Proposed U.S. Listing

    A three-for-one share consolidation, approved by shareholders at the Annual General and Special Meeting on June 4, 2025, will take effect Monday, June 23, 2025, with post-consolidation shares trading on the TSX under the symbol OGC and new CUSIP 675222400. Shares outstanding will fall from 693,379,818 to approximately 231,126,566, subject to rounding. The consolidation is intended to raise the per share trading price ahead of a possible dual listing on a major U.S. exchange, including the NYSE, in the first half of 2026.

    Corporate
  11. Jun 4, 2025

    OceanaGold Reports Voting Results from its 2025 Annual General and Special Meeting

    Shareholders approved all items of business at OceanaGold's 2025 Annual General and Special Meeting held June 4, 2025, with 538,458,035 common shares voted, representing 77.12% of outstanding shares. A special resolution approving a share consolidation of up to three pre-consolidation shares for one post-consolidation share passed with 99.71% support; subject to TSX approval, the consolidation is expected to be effective on or around June 23, 2025. The company is exploring a dual U.S. listing, potentially including the NYSE, in the first half of 2026.

    Corporate
  12. May 21, 2025

    OceanaGold Releases 2024 Sustainability Report

    The 2024 Sustainability Report and related documents for the year ended December 31, 2024 have been published. Reported outcomes include an MSCI "AA" and "Leader" rating, two fatalities during the year, an 80% employee engagement score in the 2024 Culture Survey, zero material environmental incidents, over 100 ha of progressive rehabilitation, and 70% of company-wide water needs met through re-used or recycled water. The company spent over US$193 million with local suppliers, paid US$125 million in taxes and royalties, and contributed US$11 million to social investments.

    Corporate
  13. May 7, 2025

    OceanaGold Reports First Quarter 2025 Operating & Financial Results

    First quarter 2025 production was 117,400 ounces of gold and 3,400 tonnes of copper, both up 12% year over year, at cash costs of $976 per ounce and AISC of $1,796 per ounce, with a record realized gold price of $2,858 per ounce. Net profit was $101 million ($0.14 per share), free cash flow $69 million, and the company ended the quarter debt-free with $228 million cash. A $0.01 per share dividend is payable June 20, 2025 to holders of record May 21, 2025; 7.0 million shares were repurchased for $19.6 million, with up to $100 million approved for 2025, and shareholders will vote in June on a consolidation of up to three to one.

    Corporate
  14. Apr 8, 2025

    OceanaGold Provides Notice of First Quarter 2025 Results and Conference Call, and Annual General and Special Meeting of Shareholders

    First quarter 2025 operational and financial results will be released after market close on Wednesday, May 7, 2025, with a conference call and webcast to follow on Thursday, May 8, 2025 at 10:00 am EST. The 2025 Annual General and Special Meeting of Shareholders will be held virtually on Wednesday, June 4, 2025 at 9:00 am EST, with a record date of April 23, 2025.

    Corporate
  15. Mar 4, 2025

    OceanaGold Submits WNP Application for Fast-track Approval and Reports Additional High-Grade Mineralization at Wharekirauponga

    An application for Fast-track approvals for the Waihi North Project, including Wharekirauponga Underground, was lodged on March 4, 2025 under New Zealand's Fast-track Approvals Act 2024, with full permitting expected by the end of 2025 and decline development targeted for 2026. Five drillholes at Wharekirauponga returned 6.3 m at 8.7 g/t Au from 450.0 m and 1.7 m at 24.6 g/t Au from 373.3 m (WKP135), and 3.5 m at 14.0 g/t Au (WKP132A). Some 8,600 metres are planned in 2025.

    Corporate
  16. Feb 24, 2025

    OceanaGold Announces New Discovery and Additional High-Grade Drill Results at Haile

    A new discovery named Pisces has been made at the Haile Gold Mine in the United States, located 300 m from Horseshoe at about 550 metres below surface, with initial results of 44.2 m @ 10.9 g/t Au (DDH 1267), 9.4 m @ 44.1 g/t Au (DDH 1269) and 42.7 m @ 6.1 g/t Au (DDH 1257) from 3,437 metres in five holes, defining an exploration target of roughly 300 x 250 x 25 metres. Horseshoe definition drilling of 18 holes for 5,587 metres returned 12.9 m @ 50.1 g/t Au (UGD 0073) and 31.9 m @ 11.7 g/t Au (UGD 0075). The 2025 Haile exploration budget was increased 20% to $10M, with a further 10,500 metres of drilling commenced at Horseshoe.

    Drill results
  17. Feb 20, 2025

    OceanaGold Appoints Stefanie Loader to the Board of Directors

    Stefanie Loader has been appointed Non-Executive Director on the board of OceanaGold, effective immediately. A geologist, she was Managing Director of the Northparkes copper and gold mine in Australia for CMOC International and Rio Tinto from 2012 to 2017, and Chair of the New South Wales Minerals Council from 2015 to 2017. Her appointment will be included in the Company's Information Circular for the 2025 Annual General and Special Meeting.

    Management
  18. Feb 19, 2025

    OceanaGold Reports Mineral Reserves and Resources for the Year Ended 2024

    Proven and probable gold reserves as at December 31, 2024 rose 27% to 6.2 Moz net of mining depletion, at a 15% higher grade, with measured and indicated resources up 8% to 8.9 Moz. The increase includes an initial reserve at Wharekirauponga at Waihi, New Zealand, of 4.1 Mt at 9.2 g/t for 1.21 Moz, plus a 0.14 Moz reserve addition at Didipio in the Philippines. Reserves assume US$1,750/oz gold, US$3.50/lb copper and US$20/oz silver. The company plans $40M of exploration spending in 2025 across its four sites.

    Resource update
  19. Feb 19, 2025

    OceanaGold Reports Fourth Quarter and Full Year 2024 Operating and Financial Results

    Full year 2024 production was 488,800 ounces of gold and 12,300 tonnes of copper at AISC of $1,777 per ounce, with net profit of $192 million, revenue of $1.29 billion and free cash flow of $245 million; Q4 production was 150,900 ounces and 3,100 tonnes at AISC of $1,563 per ounce. The annual dividend was doubled to $0.01 per share quarterly, and the Board approved repurchasing up to $100 million of shares in 2025. Year-end net cash was $192 million.

    Corporate
  20. Jan 21, 2025

    OceanaGold Provides Notice of Fourth Quarter and Full Year 2024 Results and Conference Call

    Fourth quarter and full year 2024 operational and financial results for the period ending December 31, 2024 will be released after market close on Wednesday February 19, 2025, and posted on the company's website. Senior management will host a conference call and webcast to discuss the results on Thursday February 20, 2025 at 10:00 am Eastern Time, with a recording to be made available afterwards.

    Corporate

20244 releases

  1. Dec 18, 2024

    OceanaGold Welcomes the New Zealand Fast-track Approvals Act

    New Zealand's Parliament has passed the Fast-track Approvals Bill, with applications opening February 7, 2025, and the Waihi North Project — including the proposed Wharekirauponga underground mine — among the 149 projects listed in Schedule 2 eligible to apply from that date. OceanaGold intends to lodge its application in early 2025 and expects to be fully permitted, subject to any appeals, by the end of 2025, allowing decline and underground development to begin in 2026. Early works of $40-45 million are planned for 2025.

    Corporate
  2. Dec 11, 2024

    OceanaGold Releases Waihi District Pre-Feasibility Study with Attractive Economics and Initial Wharekirauponga Reserve of 1.2 Million Ounces

    A pre-feasibility study for the Waihi District in New Zealand, covering the operating Martha underground mine and the proposed Wharekirauponga underground mine, reports an initial Wharekirauponga reserve of 4.1 Mt at 9.2 g/t for 1.2 Moz gold and combined production of 1.6 Moz over a 15-year mine life at average AISC of $994/oz. After-tax NPV5% is $621 million with a 24% IRR at $2,400/oz gold, or $138 million and 9.2% at $1,750/oz, with $556 million growth capital and first ore in 2032. A 2025 early-works budget of $40–45 million was approved, subject to permits.

    Study results
  3. Nov 14, 2024

    OceanaGold Continues to Demonstrate Exploration Upside at Wharekirauponga Ahead of Upcoming NI 43-101 Pre-feasibility Study

    Extensional drilling at Wharekirauponga, about 10 km from the Waihi operation in New Zealand, intersected mineralization in all six holes on the East Graben vein zone, including 34.7 g/t Au over 4.2 m from 563.5 m, 16.8 g/t Au over 5.7 m from 644.3 m, 11.4 g/t Au over 7.7 m from 453.5 m and 13.0 g/t Au over 6.6 m from 233.4 m. A NI 43-101 pre-feasibility study for the Waihi North Project and existing Waihi operation, based on the end-May 2024 resource model, is planned for release after market close on December 11, 2024.

    Drill results
  4. Nov 6, 2024

    OceanaGold Reports Third Quarter 2024 Operating and Financial Results

    Third quarter 2024 production was 134,900 ounces of gold and 3,400 tonnes of copper, a 37% increase in gold output from the prior quarter, including a record 64,900 ounces from Haile. All-in sustaining costs were $1,729 per ounce on 124,800 ounces sold, with net profit of $61 million, EPS of $0.08 and $66 million of free cash flow. The company repaid $40 million on its credit facility in the quarter and $25 million in October, repurchased $7.8 million of shares, and held net cash of $72 million at September 30, 2024. Fourth quarter guidance is 142,000–162,000 ounces at AISC of $1,400–$1,650 per ounce.

    Corporate

Related

OceanaGold profile →Financings →All junior mining news this week →Company directory →Reading drill results →