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OceanaGold submitted a permit application for the Macraes Phase 4 Project (MP4) under New Zealand's Fast-track…
OCANFOceanaGold Corp
OceanaGold submitted a permit application for the Macraes Phase 4 Project (MP4) under New Zealand's Fast-track Approvals Act on September 9, 2026. The project aims to extend mine life at the Macraes operation from 2032 to the late 2030s through open pit cutbacks and underground extensions. Approval is expected by mid-2027, with production targeting over 100,000 ounces annually into the late 2030s. The company also reported exploration results from a US$13 million drilling program, including significant intercepts at Innes Mills, Golden Point Underground, Coronation, and Nunns that support resource growth. OceanaGold is an intermediate gold producer operating mines in New Zealand, the United States, and the Philippines.