MANILA, Philippines — Australian-Canadian miner OceanaGold Philippines Inc. (OGPI) struck strong results last year, with earnings more than doubled amid soaring gold prices. OGPI saw copper production rise by 8.1 percent to 13,300 tons from 12,300 tons, even as gold output dipped by six percent to 90,700 ounces from 97,000 ounces. The decline in full-year gold output was mainly due to severe weather in late 2024, which restricted access to the mine’s lower levels throughout most of 2025. Despite this, the company posted higher gold and copper production in the three months ending December 2025. Gold production in the fourth quarter rose to 23,800 ounces from 19,700 ounces a year earlier, while copper output edged up to 3,200 tons from 3,100 tons.

Source: Philippine Star February 19, 2026 16:45 UTC