Welcome to our dedicated page for Oceanagold news (Ticker: OCANF), a resource for investors and traders seeking the latest updates and insights on Oceanagold stock.
OceanaGold Corporation (OTCQX: OCANF) generates frequent news flow tied to its gold and copper mining operations, exploration programs and corporate developments. The company’s releases cover performance at its four operating mines – Haile in the United States, Macraes and Waihi in New Zealand, and the 80%-owned Didipio Mine in the Philippines – as well as updates on its growth projects.
Investors following OCANF news will see regular quarterly operating and financial results, where OceanaGold reports gold and copper production, All-In Sustaining Cost (AISC), Free Cash Flow, and non-IFRS measures such as Adjusted Net Profit and Adjusted EBITDA. These updates also discuss capital allocation decisions, including dividends and share repurchases under the company’s Normal Course Issuer Bid.
Another major category of news relates to exploration and resource conversion. OceanaGold frequently publishes detailed drill results from Haile and Wharekirauponga, including intercepts from targets such as Ledbetter Phase 4, Horseshoe Underground, Pisces, Clydesdale and the EG vein zone at Wharekirauponga. These releases often describe how drilling extends mineralization, increases resource confidence or identifies new high-grade zones within existing systems.
Project and permitting milestones are also prominent in OceanaGold’s news flow. The company has reported on the Fast-track permitting process and subsequent Expert Panel decisions for the Waihi North Project in New Zealand, including the final decision approving development and operation of the project and the Wharekirauponga Underground mine. Updates on early works, such as construction of a services trench and expansion of the water treatment plant, are included in these communications.
Corporate and capital markets announcements round out the news stream. These include notices of conference calls and webcasts, voting results from annual general and special meetings, approval and implementation of a three-for-one share consolidation, and the company’s exploration of a potential dual listing on a major U.S. exchange. Bookmarking the OCANF news page on Stock Titan allows readers to review this sequence of operational, financial, exploration and corporate updates in one place.
OceanaGold (OTCQX:OCANF) announced significant exploration results from its Haile Gold Mine, backed by a record $10 million exploration budget. The company reported exceptional drilling results across multiple deposits, including Ledbetter Phase 4 (up to 28.9m @ 18.33 g/t Au), Horseshoe Underground (up to 16.1m @ 16.33 g/t Au), and two promising new targets - Pisces and Clydesdale.
Notable discoveries include high-grade intersections at Ledbetter Phase 4, with outstanding results of 189.22 g/t gold over 1.3m, and consistent high-grade mineralization at Horseshoe Underground. The newly identified Pisces target, located 300m south of Horseshoe, and Clydesdale target, situated 100m northwest of Palomino, both showed promising initial drilling results, demonstrating potential for resource expansion.
OceanaGold (OTCQX:OCANF) reported outstanding Q2 2025 results, achieving record quarterly net profit of $118 million and producing 119,500 ounces of gold. The company posted record revenue of $432 million, supported by a record average realized gold price of $3,293 per ounce.
Key financial highlights include Free Cash Flow of $120 million, a strengthened cash position of $299 million with zero debt, and an AISC of $2,027 per ounce. The company declared a $0.03 per share quarterly dividend and repurchased $21 million in shares during Q2, with plans to buyback up to $100 million in 2025.
OceanaGold completed a 3-for-1 share consolidation in preparation for NYSE listing in 2026 and announced key management changes, including the appointment of Keenan Jennings as Chief Exploration Officer and Bhuvanesh Malhotra as Chief Operating Officer.
OceanaGold (OTCQX: OCANF) has announced significant drilling results from its Wharekirauponga exploration program near its Waihi operation in New Zealand. The company has extended the gold mineralization strike length to over 1.4 kilometers, including a 240-meter southern extension. Notable drilling highlights include intersections of 4.0m @ 43.8 g/t Au and 8.1m @ 11.8 g/t Au.
The exploration program involves three drilling rigs targeting step-outs, resource extension, resource conversion, and geotechnical drilling for the planned underground mine development. The company plans to expand the program with 8 new drill sites and up to 6 rigs, with approximately 5,000 meters remaining to be drilled in 2025.
OceanaGold Corporation (OCANF) has released its 2024 Sustainability Report, highlighting key environmental, social, and governance achievements. The company maintained its MSCI "AA" and "Leader" rating while implementing an updated three-year Sustainability Strategy. Notable metrics include an 80% employee engagement score, exceeding the global mining sector benchmark by 8%. The company invested US$193 million in local suppliers, paid US$125 million in taxes and royalties, and contributed US$11 million to social investments.
Environmental achievements include zero material environmental incidents, completion of over 100ha of mine land rehabilitation (30% more than disturbed land), and meeting 70% of water needs through recycling. However, the report also noted two fatalities during the year, leading to the implementation of Safety Improvement Plans across all sites.
OceanaGold (TSX: OGC, OTCQX: OCANF) has announced key upcoming dates for shareholders and investors. The company will release its first quarter 2025 financial and operational results on Wednesday, May 7, 2025, after market close. A conference call with senior management to discuss the results is scheduled for Thursday, May 8, 2025, at 10:00 am EST.
The company will also hold its Annual General and Special Meeting of Shareholders (AGM) virtually on Wednesday, June 4, 2025, at 9:00 am EST. The record date for determining voting eligibility is April 23, 2025. Shareholders can access the virtual AGM through a live webcast platform.
OceanaGold (OCANF) has submitted a Fast-track approval application for the Waihi North Project and reported new drilling results at Wharekirauponga, New Zealand. The company expects full permitting by end of 2025.
Recent high-grade drill intercepts include: 6.3m @ 8.7 g/t Au, 1.7m @ 24.6 g/t Au, 3.5m @ 14.0 g/t Au, and 5.7m @ 5.3 g/t Au, demonstrating continuity beyond the 1.2 Moz of Reserves declared in December 2024.
Five drill holes have been completed, with four showing significant mineralization in the high-grade southern shoot of the East Graben vein zone. The 2025 exploration program will target resource growth with 8,600 metres planned, focusing on the EG vein zone for resource conversion and growth.
OceanaGold (OCANF) has announced significant exploration results from its Haile Gold Mine, including a new discovery called Pisces and additional high-grade drill results at Horseshoe. The Pisces discovery, located 300m from Horseshoe, showed impressive drill results including 44.2m @ 10.9 g/t Au and 9.4m @ 44.1 g/t Au.
The company has increased its 2025 exploration budget at Haile by 20% to $10M, the largest since the mine began production. The Pisces mineralization defines an exploration target area of approximately 300 x 250 x 25 metres, with mineralization remaining open in all directions.
At Horseshoe, eighteen additional resource definition holes totaling 5,587 metres have been completed, with notable results including 12.9m @ 50.1 g/t Au and 31.9m @ 11.7 g/t Au. An additional 10,500 metres of resource definition and conversion drilling is planned for 2025.