OceanaGold Reports Third Quarter 2025 Results

Core Viewpoint - OceanaGold Corporation reported strong operational and financial results for Q3 2025, highlighting substantial Free Cash Flow generation and a positive outlook for Q4 2025, driven by ongoing investments and production improvements [3][4][5]. Financial Performance - The company generated Free Cash Flow of $94 million in Q3 2025, totaling $283 million year-to-date [6][33]. - Quarterly revenue reached a record $449 million, supported by an average realized gold price of $3,476 per ounce [6][9]. - Attributable net profit for Q3 2025 was $87 million, with earnings per share (EPS) of $0.38 and adjusted EPS of $0.40 [6][10]. Production and Costs - OceanaGold produced 103,500 ounces of gold and 3,100 tonnes of copper in Q3 2025 [6][9]. - The All-In Sustaining Cost (AISC) was reported at $2,333 per ounce year-to-date, with expectations for a decrease in Q4 2025 due to increased gold production [6][9][22]. - The company remains on track to meet full-year production, cost, and capital guidance [5][6]. Shareholder Returns - The Board approved a 75% increase in the share buyback program for 2025, raising the total to $175 million, with $100 million already repurchased as of November 5, 2025 [4][5]. - A quarterly dividend of $0.03 per share was declared, payable in December 2025 [7][8]. Project Developments - The permitting process for the Waihi North Project is progressing well, with expectations for approval by year-end [3][6]. - Ongoing exploration success at Haile indicates potential for low-risk organic growth within the existing asset portfolio [6][12].