Oceanagold - OCANF STOCK NEWS

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 (OCANF) is an intermediate gold and copper producer dedicated to responsibly maximizing Free Cash Flow from its operations. With four operational mines in the U.S., Philippines, and New Zealand, OceanaGold focuses on delivering shareholder value through strong financial performance.

The company recently reported positive operational and financial results for Q1 2024, showcasing a commitment to growth and profitability. OceanaGold's key projects, like the Haile Gold Mine and Didipio Mine, are poised for increased production and enhanced performance in the coming quarters.

By maintaining a robust balance sheet and seeking new opportunities for exploration and development, OceanaGold remains positioned for sustained success in the mining industry.

04/30/2024 05:00 PM

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OceanaGold Reports First Quarter 2024 Operating and Financial Results

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OceanaGold reported its operational and financial results for the first quarter of 2024, expecting strong production growth and free cash flow delivery. The company remains on track to meet full-year guidance with 104,800 ounces of gold and 3,000 tonnes of copper produced. AISC of $1,823 per ounce, revenue of $270.3 million, and net debt of $81.8 million were reported. Exploration results were positive, but the net loss of $5.3 million was a negative aspect.

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04/25/2024 07:00 AM

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OceanaGold Announces IPO Pricing For 20% Interest in OGPI

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OceanaGold announces the pricing of an Initial Public Offering (IPO) for a 20% interest in its subsidiary, OceanaGold Philippines, Inc. The IPO aims to raise ₱6.08B (approximately US$106M), with a final offering price of ₱13.33 per share. The proceeds will be used to repay OceanaGold's bank debt. The retail offer period will run from April 29 to May 6, 2024, with listing on the Philippines Stock Exchange expected on May 13, 2024.

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04/10/2024 07:00 AM

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OceanaGold Provides Notice of First Quarter 2024 Results and Conference Call, and Annual General and Special Meeting of Shareholders

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OceanaGold (OCANF) will release its First Quarter 2024 operational and financial results on April 30th, 2024. The 2024 Annual General Meeting of Shareholders will be held on June 6th, 2024. Senior management will discuss the quarterly results in a conference call on May 1st, 2024, and the AGM will be held virtually on June 6th, 2024.

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04/03/2024 04:05 PM

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OceanaGold Drills Multiple Ore-Grade Intercepts at Horseshoe Extension at Haile and Extends Mineralization at Depth at Didipio

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OceanaGold reports positive results from exploration and resource conversion drilling at Haile and Didipio mines. The company's President & CEO, Gerard Bond, highlights the growth potential within existing mine footprints. Significant drill highlights include high-grade gold intersections at Haile and Didipio, indicating mineralization extensions at depth.

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03/28/2024 07:00 AM

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OceanaGold Files Annual Information Form and Technical Reports for Haile and Macraes

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OceanaGold announces the filing of its Annual Information Form and updated technical reports for Haile and Macraes mines. The reports highlight growth opportunities at Haile, projecting increased gold production to 315koz in 2026 with an AISC of $1,000 per ounce. Macraes aims to extend mine life and generate strong cash flow despite the removal of Round Hill Open Pit. OceanaGold focuses on enhancing economics at Haile and exploring further potential at both mines.

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03/07/2024 06:55 AM

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OceanaGold Extends High-Grade Mineralization at Wharekirauponga and Welcomes New Zealand';s New Fast Track Approvals Bill

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OceanaGold Corporation (OCANF) announces positive drill results at Wharekirauponga (WKP), New Zealand, with an indicated resource of 1.0 million ounces at a grade of 15.9 g/t gold. The company is optimistic about the new one-stop-shop fast track consenting regime in New Zealand, which could benefit the Waihi North Project.

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02/21/2024 07:10 PM

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OceanaGold Reports Mineral Reserves and Resources for the Year Ended 2023

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OceanaGold Corporation (OCANF) announces its Mineral Reserves and Resources statement for 2023, highlighting increased reserves at Haile and a new reserve estimate at Palomino. CEO Gerard Bond expresses optimism for the company's future growth.

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02/21/2024 07:10 PM

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OceanaGold Reports Fourth Quarter and Full Year 2023 Operating and Financial Results

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OceanaGold Corporation reported strong operational and financial results for Q4 2023 and full year 2023, achieving production targets and revenue milestones. The company's CEO highlighted improved performance across all operations, with a focus on production growth and cost efficiency. OceanaGold's 2024 outlook includes a 13% increase in gold production and a lower unit cost of gold produced, positioning the company for continued growth and value creation.

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01/31/2024 07:00 AM

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OceanaGold Announces Sale of the Blackwater Project for US$30M

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OceanaGold Corporation announces the execution of a Sale and Purchase Agreement with Tasman Mining Limited to acquire OceanaGold's interest in the Blackwater project in New Zealand. The agreement includes a cash payment of US$30 million upon closing of the transaction, subject to regulatory approval and expected to close in 2024.

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01/17/2024 08:17 PM

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OceanaGold Provides Notice of Fourth Quarter and Full Year 2023 Results and Conference Call

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OceanaGold Corporation (OCANF) will release its operational and financial results for Q4 and year ending December 31, 2023, on February 21, 2024. A conference call/webcast to discuss the results will be held on February 22, 2024. Webcast and conference call details are available on the Company's website.

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FAQ

What is the current stock price of Oceanagold (OCANF)?

The current stock price of Oceanagold (OCANF) is $2.81 as of February 21, 2025.

What is the market cap of Oceanagold (OCANF)?

The market cap of Oceanagold (OCANF) is approximately 2.0B.

What is OceanaGold Corporation known for?

OceanaGold is recognized as an intermediate gold and copper producer with a focus on maximizing Free Cash Flow from its mining operations.

How many mines does OceanaGold operate?

OceanaGold currently operates four mines across the United States, Philippines, and New Zealand: Haile Gold Mine, Didipio Mine, Macraes, and Waihi operations.

What recent achievements has OceanaGold reported?

OceanaGold recently announced positive operational and financial results for Q1 2024, demonstrating strong growth potential and a commitment to enhancing shareholder value.

What are OceanaGold's key projects for future development?

Key projects for OceanaGold include the Haile Gold Mine and Didipio Mine, both of which are expected to drive increased production and profitability in the upcoming quarters.

How does OceanaGold ensure responsible mining practices?

OceanaGold upholds a commitment to safety, environmental stewardship, and community engagement in its mining operations, reflecting its dedication to sustainable and ethical practices.