OceanaGold Philippines Inc. reported strong financial and operating results for 2025, posting $76.5 million in net income and $130.2 million in free cash flow while maintaining a debt-free balance sheet.
The company said the performance enabled it to declare $112 million in dividends during the year, bringing total payouts to shareholders to $181 million since its listing, underscoring returns for Filipino investors.
OceanaGold Philippines operates the Didipio Mine, a gold and copper mine straddling the provinces of Nueva Vizcaya and Quirino.
The company earlier updated technical reports have extended the projected life of the Didipio mine to 2037, based on its 2025 mineral reserves, reinforcing its position as a long-life asset within the Philippine mining sector.
The revised mine plan, filed with the Philippine Stock Exchange, outlines continued operations beyond earlier projections and is expected to support sustained production and cash flow generation over the extended period.
The updated reports, prepared under the Philippine Mineral Reporting Code 2020, include revised mineral resource estimates, economic assessments and metallurgical studies, with a cutoff date of Dec. 31, 2025.
OceanaGold said the life-of-mine extension is based solely on declared mineral reserves using a gold price assumption of $2,200 per ounce and excludes inferred resources and exploration upside, indicating further potential to extend operations beyond 2037.
Separately, the company said that alongside financial gains, its operations continue to support host communities. For 2026, OceanaGold Philippines has earmarked P571.11 million for community investments through its Community Development Fund and Social Development and Management Program.
These initiatives are expected to fund infrastructure, education, healthcare, livelihood and environmental programs in areas surrounding the Didipio mine.
Operationally, OceanaGold Philippines produced 90,700 ounces of gold and 13,300 tonnes of copper in 2025, reflecting steady output from its mining operations.
The company said it remains focused on sustaining production levels and advancing resource development, while ensuring that strong business performance translates into shared value for both investors and local communities.
