OceanaGold Corporation (OGC) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day ladies and gentlemen and welcome to the OceanaGold Corporation Q2 2026 earnings conference call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star 0 for the operator. This call is being recorded on Thursday, August 6, 2026. I would now like to turn the conference over to Valerie Burns. Please go ahead. Good morning, everyone, and welcome to Oceana Gold's second quarter 2026 Operating and Financial Results webcast and conference call. I'm Valerie Burns, Director of Investor Relations. Joining me today are Gerard Bond, President and Chief Executive Officer, Marius van Niekerk, Chief Financial Officer, and Bhuvanesh Malhotra, Chief Operating Officer. The presentation that we will be referencing during the conference call is available through the webcast and on our website. As we will be making forward-looking statements during the call, please refer to the cautionary notes included in the MD&A and Annual Information Form. All dollar amounts discussed in this conference call are U.S. dollars. I will now turn the call over to Gerard for opening remarks. Thank you, Al, and good morning, everyone. We had a really good second quarter. We safely and responsibly delivered 7% more gold than we did in the first quarter. We continued to generate strong free cash flow. We made great progress with our organic growth projects. We returned meaningful amounts of capital to shareholders and we still added cash to the balance sheet. Our gold production of around 139,000 ounces and copper production of 2,700 tonnes was in line with plan, keeping us on track to deliver on our full year guidance. Our margins remain s...