OceanaGold (TSX: OGC) is targeting higher production and larger shareholder returns after delivering record revenue, EBITDA, net profit and free cash flow in 2025. Speaking with Kitco Mining at PDAC 2026 in Toronto, President & CEO Gerard Bond said strong operational discipline allowed the company to capture rising gold prices. “We were able to convert a lot of those higher gold prices to the bottom line, delivering those records.”

Production is expected to increase about 12% in 2026, driven primarily by the Haile mine in South Carolina after a waste removal program completed in 2025 unlocked higher-grade ore. “Haile is the primary driver of our growth in 2026,” Bond said, adding the operation is expected to produce 35% more gold at 25% lower all-in sustaining costs.

OceanaGold finished 2025 with no long-term debt and $477 million in cash. The company plans to invest about $280 million in growth capital in 2026, including $150 million to advance the Waihi North project in New Zealand, which Bond described as the company’s most significant near-term growth project. Bond also said OceanaGold will list on the New York Stock Exchange on April 7, 2026, to expand its investor base and improve liquidity.

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To learn more about OceanaGold, visit: https://oceanagold.com/

00:21 - Record 2025 Results And Financial Highlights
01:14 - 2026 Production Growth Led By Haile Mine
02:05 - Why OceanaGold Is Listing On The NYSE
04:13 - Debt-Free Balance Sheet And Cash Position
04:43 - Waihi North Growth Project And Exploration Plans
06:36 - Dividends, Buybacks And Shareholder Returns
09:20 - Gold Price Impact On Reserves And Mine Life
11:49 - Global Mining Footprint And Operating Costs
14:13 - Capital Discipline And Gold Sector M&A

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OceanaGold Targets 12% Production Growth in 2026 | Gerard Bond

Kitco MINING

OceanaGold Targets 12% Production Growth in 2026 | Gerard Bond