OCEANAGOLD PHILIPPINES INC

OCEANAGOLD PHILIPPINES INC.

Nature of Business: Producer / Mining Operator

Company Introduction:

OCEANAGOLD PHILIPPINES INC. is the Philippine subsidiary of OceanaGold Corporation, a multinational gold producer. The company is primarily involved in the exploration, development, and operation of gold and copper mines within the Philippines. Its flagship operation is the Didipio Gold-Copper Mine, located in Kasibu, Nueva Vizcaya.

At the Didipio Mine, OCEANAGOLD PHILIPPINES INC. extracts gold and copper ore through underground mining methods. The extracted ore is then processed on-site to produce a gold-copper concentrate. This concentrate is a primary product that is subsequently sold to refiners or other buyers. Therefore, the company functions as a producer and mining operator, involved in the extraction and initial processing of raw materials, rather than a trading company that deals in finished goods from other manufacturers. The company emphasizes responsible mining practices, aiming for environmental stewardship and contributing to local economic development and community welfare.

OceanaGold Philippines Inc primarily produces gold and silver. These are extracted as dore bars from its mining operations.