OrbitonOpen research workspace →
OceanaGold logo

OceanaGold

TSX:OGCLive AI agent

OceanaGold is a gold and copper producer committed to creating a positive impact through safe and responsible mining.

Investor website: https://oceanagold.com/

About

OceanaGold is a gold and copper producer committed to creating a positive impact through safe and responsible mining. The company aims to generate value for its people, communities, and shareholders, underpinned by its values and vision to be a trusted partner in the mining industry.

Verified company data

Cash position
$55.6 million
Shares outstanding
224000000
Fully diluted shares
237M
Mineral resource
OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) is pleased to provide its Mineral Reserves and Mineral Resources (“R&R”) statement for the year-ended December 31, 2023. Highlights include total Mineral Reserve additions of 0.69 Moz before mining depletion and adjustments, total Measured and Indicated Mineral Resource additions totaling 1.12 Moz, initial Mineral Reserves of 4.0 Mt @ 2.91 g/t Au for 0.38 Moz declared at Palomino at Haile, increase in Mineral Reserves to 3.8 Mt @ 4.23 g/t Au for 0.52 Moz at Horseshoe at Haile, increase in Measured and Indicated Mineral Resources at Didipio of 0.11 Moz, increase in Indicated Mineral Resources to 2.0 Mt @ 15.9 g/t Au for 1.01 Moz at Wharekirauponga, increase in Indicated Mineral Resources by 0.15 Moz at Martha Underground at Waihi, and decrease in Mineral Reserves at Macraes by 0.5 Moz, reflecting the removal of Round Hill.
Projects
["**Haile Gold Mine**\\\n\\\nUSA](https://oceanagold.com/operations/haile)\n\nGold was first discovered at Haile in 1827, with the site seeing intermittent production over the decades. We acquired Haile through the acquisition of Romarco Minerals in 2015 and commenced commercial production in early 2017. Since then, Haile has produced over 1.4 Moz of gold* and it is expected to be a key driver of our production growth. Today, Haile employs a combination of open pit and underground mining methods, supported by 875 employees.\n\n*As at December 31, 2025.\n\nQuick Facts\n\nMine type\n\nOpen pit and underground\n\nOwnership\n\n100%\n\nMetals mined\n\nGold\n\nDeposit type\n\nLow sulphidation, disseminated, sediment-hosted\n\nProcessing type\n\nCarbon-in-leach flotation plant\n\nReserve mine life*\n\n2036\n\n* Based on Mineral Reserve and Resource estimates as at December 31, 2025.\n\n---\n\n**Macraes Operation**\\\n\\\nNew Zealand](https://oceanagold.com/operations/macraes)\n\nGold was first discovered in the Otago Region, where Macraes is located, in the 1860s. Production at Macraes began in 1990, and since then, the mine has produced over 5 million ounces of gold over its continuous 35-year operating history.\n\nMacraes is mined using both open pit and underground methods, supported by nearly 700 employees. Our team is focused on identifying additional ore sources that could extend the mine life as higher gold prices provide leverage to existing resources and opportunity for further exploration.\n\nQuick Facts\n\nMine type\n\nOpen Pit and Underground\n\nOwnership\n\n100%\n\nMetals mined\n\nGold\n\nDeposit type\n\nOrogenic style gold\n\nProcessing type\n\nCarbon-in-leach, pressure oxidation\n\nReserve mine life*\n\n2032\n\n*Based on Mineral Reserve and Resource estimates as at December 31, 2025.\n\n---\n\n**Waihi Operation**\\\n\\\nNew Zealand](https://oceanagold.com/operations/waihi)\n\nGold has been mined in the Waihi area since the 1800s. We acquired the Waihi mine from Newmont in 2015 and have produced over 700,000 oz since then.*\n\nAt Waihi, we are currently mining the Martha Underground (MUG) and advancing the nearby Waihi North Project, which includes the high-grade Wharekirauponga Underground (WUG). Together, these comprise the Waihi District and are expected to produce a combined 1.6 Moz of gold over 2024-2038, extending the life of our Waihi Operation by a further 15 years.**\n\n*As at December 31, 2025.\n\n**Based on the Waihi District Feasibility Study, dated December 11, 2024.**\n\nQuick Facts\n\nMine Type\n\nUnderground\n\nOwnership\n\n100%\n\nMetals Mined\n\nGold, Silver\n\nDeposit type\n\nLow sulphidation epithermal\n\nProcessing type\n\nCarbon-in-pulp\n\nReserve mine life*\n\n2038\n\n*Based on Mineral Reserve and Resource estimates as at December 31, 2025.\n\n---\n\n**Didipio Mine**\\\n\\\nThe Philippines](https://oceanagold.com/operations/didipio)\n\nnot discovered"]
Leadership
Scott McQueen (CFO, Over 25 years of experience in finance and general management in the energy and mining sectors. Certified Professional Accountant with a Bachelor's Degree in Accounting and Economics from Monash University and a Master's Degree in Tax Law from Melbourne University.), Mark Chamberlain (Executive Vice President, Corporate Development), Mick Wilkes (President and CEO)

Verified data last updated:

Recent filings

Investor FAQ