News & Events zu OceanaGold Corp (OGC)OGCOceanaGold Corp

OceanaGold CEO Gerard Bond to Retire in April 2027

OceanaGold announces that Gerard Bond, President and CEO, has advised the Board of Directors of his intention to retire in April 2027 after a successful five years of leading OceanaGold. Gerard plans to retire in Australia, after his five-year anniversary of joining OceanaGold and having worked 30 years in the resources industry. At the request of the Board, he will be a Special Advisor to the Board and incoming President and CEO for a period of six months post his departure.

OceanaGold Submits Application for Macraes Phase 4 Project

OceanaGold announces that it has lodged its application for approval of the Macraes Phase 4 Project, or MP4, under New Zealand's Fast-track Approvals Act 2024. The MP4 application seeks to extend the mine life at Macraes from the current reserve life of 2032 to the late 2030s, consistent with Macraes' history of mine life extension since it commenced operation in 1990. The Company also provides details on the technical study work and exploration results which support the potential to extend mine life at Macraes via MP4 and beyond. Macraes is located on the South Island of New Zealand, approximately 60 km northwest of Dunedin. Production at Macraes commenced in 1990, with an initial 7-year mine life. In July of this year, the mine celebrated the production of its 6 millionth ounce of gold over its 36-year operating history. Macraes has a geologically prospective land package of over 14,000 hectares, including a 30 km highly mineralized structure known as the Macraes Shear Zone which hosts multiple gold deposits and exploration targets. On September 9, 2026, the Company lodged its Fast-track application for the MP4 project. The MP4 application includes: permitting for all activities required to complete the current reserve mine plan; the development of Southern Pit Innes Mills; extensions of the Golden Point Underground; and flexibility to incorporate additional Mineral Resources into the future production profile. Approval of MP4 will enable the extension of the Macraes operation to the late 2030s. Under the "one-stop shop" process of the New Zealand government, the Company expects MP4 to be fully permitted by mid-2027 (subject to appeals). MP4 permit approval is necessary for mine life extension, subject to achieving other ancillary permits, satisfactory technical and financial reviews, and market and operating conditions. The Company believes that SPIM has the capability to contribute meaningful production at Macraes from 2032. Together with the extension of the Golden Point Underground, the Company is targeting to maintain production at Macraes above 100,000 ounces per year into the late 2030s.

OceanaGold Approved to Buy Back 22 Million Shares

OceanaGold announces it has received approval from the Toronto Stock Exchange to renew its Normal Course Issuer Bid, permitting the company to buy back up to 22M common shares, representing approximately the maximum of 10% of the company's public float, over the next 12 months. As of July 21, there were a total of 222,447,523 common shares issued and outstanding.