Oceanagold (Philippines) Inc. (Philippines)

OceanaGold (Philippines), Inc. (the Company) is one of the leading producers of gold and copper in the Philippines, and is a subsidiary of OceanaGold Corporation (“OGC”).
The Company operates the Didipio gold and copper mine located in the northern Luzon region of the Philippines. The Didipio Mine is operated by the Company under a Financial or Technical Assistance Agreement (“FTAA”) with the Government, which grants the Company title, exploration and mining rights within a fixed fiscal regime. Pursuant to the FTAA, the Government and the Company share in the net revenue arising from the operations of the Didipio Mine on a 60-40 basis.
HISTORY
July 24, 1996 - The Company incorporated in the Philippines and registered with the Philippine SEC as “Australasian Philippines Mining, Inc.”
June 2007 - The Company amended its articles of incorporation to change its name to “OceanaGold (Philippines), Inc.”.
April 1, 2013 - The Company declared the commencement of commercial operations. As part of its mine plan, he Company started with an open pit operation and prepared in March 2014 for development for its transition to underground mining.
March 10, 2016 - The Company has been granted by the Mines and Geosciences Bureau (MGB) an extension of five (5) years for its exploration activities under the FTAA.
July 14, 2021 - The goverment confirmed the renewal of theFTAA of the Company for additional 25 years beginningJune 19, 2019.
May 13, 2024 - The Company listed on Philippine Stock Exchange (PSE) with stock code OGP .