VANCOUVER, BC, May 21, 2025
/PRNewswire/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF)
("OceanaGold" or the "Company") is pleased to publish its annual
Sustainability Report and related documents for the year ended
December 31, 2024.
Gerard Bond, President and CEO of
OceanaGold, said "We made good progress on our sustainability
commitments in 2024, consistent with our Purpose of mining gold for
a better future. Operating safely and responsibly is a strategic
imperative for OceanaGold, as we know that a comprehensive,
integrated and company-wide approach to sustainability is
fundamental to creating and protecting value for all our
stakeholders."
Megan Saussey, Chief Sustainability Officer of OceanaGold, said
"2024 was a year of implementation of our updated three-year
Sustainability Strategy, with a focus on strengthening our core
responsible business practices and maintaining consistent
performance across the business."
2024 Sustainability Performance Outcomes:
- Maintained an MSCI "AA" and "Leader" rating.
- Commenced implementation of our updated three-year
Sustainability Strategy.
- Developed and progressed Safety Improvement Plans and embedded
the investigation learnings across all sites following two
fatalities during the year.
- Achieved an 80% employee engagement score for our 2024 Culture
Survey results, exceeding the global mining and metals benchmark by
8%, demonstrating a strong level of connection to, and satisfaction
with, working at OceanaGold.
- Maintained our track record of zero material environmental
incidents.
- Completed over 100ha of progressive rehabilitation of disturbed
mine land to the agreed end use; over 30% more land than what was
disturbed in the year.
- Conducted approximately 250 facilitated engagements with Iwi
groups (Māori Peoples) who have indicated an interest in the Waihi
North Project in New Zealand.
- Spent over US$193 million with
local suppliers, paid US$125 million
in taxes and royalties to host Governments, and contributed
US$11 million to social investments
and community partnerships.
- Completed portfolio-level climate change transition and
physical climate scenario and risk analysis.
- Met 70% of our Company-wide water needs through re-used or
recycled water.
Links to OceanaGold's Sustainability-related Reports
- 2024 Sustainability Report available here.
- 2024 Interactive ESG Data available here.
- 2024 Basis of Preparation and Reporting Indexes available
here.
- 2024 RGMP Implementation and Conformance Report available
here.
- 2024 Conflict-Free Gold Statement available here.
- 2024 Modern Slavery Statement available here.
About OceanaGold
OceanaGold is a growing intermediate gold and copper producer
committed to safely and responsibly maximizing the generation of
Free Cash Flow from our operations and delivering strong returns
for our shareholders. We have a portfolio of four operating mines:
the Haile Gold Mine in the United States
of America; Didipio Mine in the
Philippines; and the Macraes and Waihi operations in
New Zealand.
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SOURCE OceanaGold Corporation
