OceanaGold (OGC) reported third-quarter net profit attributable to shareholders of $198.1 million, with gold production rising from a year earlier. Diluted earnings were $0.88 per share, versus $0.37 a year earlier and $0.99 in the prior quarter. Revenue was $655 million. Gold production reached 133,400 ounces, versus 103,500 a year earlier and 138,800 in the prior quarter.
All-in sustaining cost, a non-IFRS measure of production and sustaining costs, fell to $1,874 per ounce. Free cash flow was $155.3 million; cash reached $729 million, with no debt. OceanaGold expects full-year production around guidance midpoint and costs toward guidance's upper end. Capital investment is expected approximately $45 million above the $645 million guidance. The Ausgold acquisition is expected to close in December 2026. Waihi North and Palomino remain on schedule for first ore in 2032 and 2028, respectively.
OceanaGold (OGC) will release its third-quarter 2026 operational and financial results after market close on November 4, 2026.
Results will be available at www.oceanagold.com. Senior management will discuss them on a conference call and webcast on November 5, 2026, at 10:00am ET (8:00am PT). A recording will be available on the company website.
OceanaGold (OGC) reported results from 16 new Wharekirauponga drill holes on September 24, 2026, alongside a Waihi North construction update. At the East Graben Vein, hole WKP146C returned an estimated true width of 6.3 metres at 97.2 grams of gold per tonne. Hole WKP150 returned 8.5 metres at 41.5 grams per tonne. The southern high-grade zone lies outside reported reserves.
Waihi North decline development has advanced approximately 350 metres since starting in May 2026. OceanaGold is evaluating a processing expansion to up to 1.2 million tonnes a year, compared with 0.8 million tonnes contemplated in its previous technical report. An updated Waihi District technical report, including resource and reserve estimates, is planned for January 2027.
OceanaGold (OGC) President and CEO Gerard Bond intends to retire in April 2027 after five years leading the company.
Bond plans to remain in his role until his departure. At the board’s request, he will then serve as a special adviser to the board and incoming president and CEO for six months. The board has appointed Spencer Stuart to help evaluate internal and external candidates for his successor.
OceanaGold said it is on track to deliver its 2026 production guidance and to add the Katanning Gold Project to its portfolio through the Ausgold acquisition.
OceanaGold (OGC) has submitted its Macraes Phase 4 Project (MP4) permit application under New Zealand’s Fast-track Approvals Act 2024 to extend Macraes mine life from the current reserve end date of 2032 to the late 2030s.
MP4 covers permitting to complete the current reserve plan, develop the Southern Pit Innes Mills (SPIM), extend Golden Point Underground (GPUG), and allow flexibility to add further Mineral Resources. Under the fast-track “one‑stop shop” process, the company expects MP4 to be fully permitted by mid‑2027, subject to appeals and other conditions. Technical work indicates SPIM and GPUG could support maintaining Macraes production above 100,000 ounces per year into the late 2030s, with an updated NI 43‑101 technical report planned for early 2028. The 2026 exploration program budgets a record US$13 million to drill about 60,000 m, with multiple significant intercepts reported across Innes Mills, GPUG, Coronation and Nunns.
OceanaGold (TSX/NYSE: OGC) agreed to acquire 100% of Ausgold (ASX: AUC) via an Australian court-approved scheme of arrangement. Ausgold shareholders will receive 0.03365 OceanaGold shares per Ausgold share, implying A$1.36 per share and an equity value of about A$776 million, based on recent prices. A cash election alternative is available, subject to a maximum cash pool of A$194 million. According to OceanaGold, Ausgold holders are expected to own 6–8% of the combined company on completion, targeted for December 2026, and gain an immediate 28% premium to last close and 44% to 20‑day VWAP. The deal adds the Katanning Gold Project in Western Australia, a planned 3.6 Mtpa open-pit operation with +100,000 oz/year and 10+ year life potential, supported by a DFS with estimated pre-production capital of A$355 million.
OceanaGold (TSX/NYSE: OGC) reported Q2 2026 gold production of 138,800 ounces and 2,700 tonnes of copper, with revenue of $647 million at an average realized gold price of $4,433/oz. Net profit was $222 million, diluted EPS $0.99, and record adjusted EBITDA margin reached 61%.
According to OceanaGold, the quarter generated operating cash flow of $314 million and Free Cash Flow of $130 million, lifting cash to $655 million with no debt. The company returned $78 million to shareholders through dividends and buybacks, including $58 million of repurchases, within an approved 2026 buyback capacity of up to $350 million.
Full-year 2026 production, cost and capital guidance remains unchanged at consolidated gold output of 520–590 koz and AISC of $1,750–$1,900/oz. OceanaGold advanced the Waihi North/Wharekirauponga and Haile Palomino growth projects and declared a $0.09 per share dividend payable on September 18, 2026.
OceanaGold (TSX/NYSE: OGC) has received TSX approval to renew its Normal Course Issuer Bid, allowing the company to repurchase up to 22 million common shares, about 10% of its public float, between July 24, 2026 and July 23, 2027. As of July 21, 2026, OceanaGold had 222,447,523 shares outstanding and a public float of 221,431,023 shares.
The company may buy up to 209,812 shares per day, equal to 25% of its six‑month average daily trading volume of 839,249 shares, across the TSX, NYSE and alternative trading systems. OceanaGold has also put in place an Automatic Share Purchase Plan with a designated broker, enabling repurchases during internal blackout periods; all repurchased shares will be cancelled. Over the prior 12 months, the company bought back 9,827,224 shares at an average price of C$37.61, spending $270 million, and reports returning over $325 million to shareholders via buybacks since July 2024, within a $350 million 2026 authorization.
OceanaGold (TSX: OGC, NYSE: OGC) will release its second quarter 2026 operational and financial results after market close on Wednesday, August 5, 2026. Results will be posted on the company website.
Senior management will host a results conference call and webcast on Thursday, August 6, 2026 at 10:00am EDT (7:00am PDT).
OceanaGold (TSX/NYSE: OGC) reported voting results from its 2026 Annual General and Special Meeting. 184,072,822 shares, or 82.06% of outstanding shares, were represented. Shareholders elected all eight director nominees, reappointed PricewaterhouseCoopers LLP as auditor, approved an advisory say-on-pay vote, and supported a virtual-only 2027 AGM.