OceanaGold Corporation

Description

OceanaGold Corporation is an intermediate gold-copper producer operating four mines across the United States, New Zealand and the Philippines. Its producing assets are Haile in South Carolina, Macraes and Waihi in New Zealand, and Didipio in the Philippines. The company’s 2026 guidance is 520–590 koz gold, 13–15 kt copper and AISC of US$1,750–1,900/oz.

The investment case combines current free-cash-flow generation with substantial organic growth. Key growth drivers include underground expansion at Haile, mine-life extension at Macraes and the high-grade Wharekirauponga development at Waihi. OceanaGold has also agreed to acquire the Katanning gold project in Western Australia, subject to approvals and expected closing in December 2026.

List of Projects:

Project 1: Haile, South Carolina, USA — Gold / Producer
100%-owned open-pit and underground gold operation. Growth includes Palomino and Ledbetter underground areas, with staged production growth targeted through 2030.

Project 2: Macraes, New Zealand — Gold / Producer
100%-owned open-pit and underground operation. Phase 4 permitting and SPIM resource work support potential mine-life extension into the late 2030s or 2040s.

Project 3: Waihi District, New Zealand — Gold / Producer + Development
100%-owned Martha underground operation plus Waihi North/Wharekirauponga development. WUG hosts a high-grade reserve and is targeted for first ore in 2032 and commercial production in 2033.

Project 4: Didipio, Philippines — Gold-Copper / Producer
80%-owned underground gold-copper operation with current production guidance and long-dated FTAA tenure.

Project 5: Katanning, Western Australia — Gold / Pending acquisition
Advanced open-pit gold development project targeting more than 100 koz/year potential and first gold around 2029, subject to transaction closing and final development plans.

Project 6: Brewer, South Carolina, USA — Gold-Copper / Earn-in exploration
Earn-in option near Haile targeting a gold-copper porphyry system.

Project 7: TJ, Jake Creek and Hot Creek, Nevada, USA — Gold / Earn-in exploration
Three epithermal exploration properties with earn-in interests and active drilling/follow-up work.

Project 8: Manhulayan, Philippines — Copper-Gold / Early exploration
Regional copper-gold exploration project using mapping and soil-sampling programs.

Weakness

List of projects

Project details have not been added yet.

Deep dive series

Track progress timeline

Forecast share price