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Extractive Sector Transparency Measures Act - Annual Report |
Reporting Year | From: | 1/01/25 | To: | 12/31/25 | | |
Reporting Entity Name | OceanaGold Corporation | Currency of the Report | USD |
Reporting Entity ESTMA Identification Number | E840887 | | |
Subsidiary Reporting Entities (if necessary) | | | |
Payments by Payee |
Country |
Payee Name1 | Departments, Agency, etc… within Payee that Received Payments2 |
Taxes |
Royalties |
Fees |
Production Entitlements |
Bonuses |
Dividends | Infrastructure Improvement Payments | Total Amount paid to Payee |
Notes34 |
New Zealand | Government of New Zealand | Inland Revenue | 40,692,000 | | | | | | | 40,692,000 | Income tax paid |
New Zealand | Government of New Zealand | Ministry of Business, Innovation and Employment | | 6,533,000 | 278,000 | | | | | 6,811,000 | Royalties paid on gold and silver sales. Fees paid for Mining and Exploration Permits/Licenses. |
New Zealand | Government of New Zealand | Hauraki District Council | | | 470,000 | | | | | 470,000 | Local Government Rates |
New Zealand | Government of New Zealand | Waitaki District Council | | | 431,000 | | | | | 431,000 | Local Government Rates |
New Zealand | Government of New Zealand | Energy Efficiency and Conservation Authority | | | 374,000 | | | | | 374,000 | Electricity authority levy |
New Zealand | Government of New Zealand | Otago Regional Council | | | 299,000 | | | | | 299,000 | Local Government Rates |
New Zealand | Government of New Zealand | Waikato Regional Council | | | 244,000 | | | | | 244,000 | Local Government Rates |
New Zealand | Government of New Zealand | Land Transport Safety Authority | | | 194,000 | | | | | 194,000 | Road user charges and licenses for light vehicles |
New Zealand | Government of New Zealand | Fire and Emergency New Zealand Board | | | 124,000 | | | | | 124,000 | Fire service levy |
New Zealand | Government of New Zealand | New Zealand Customs Service | | | 117,000 | | | | | 117,000 | Customs levies |
Philippines | Government of the Philippines | Bureau of Internal Revenue | 59,797,000 | | | | | | | 59,797,000 | Corporate income tax and excise tax on minerals |
Philippines |
Government of the Philippines |
Mines and Geosciences Bureau |
8,217,000 | |
39,000 | | | | |
8,256,000 | Additional Government Share payment (related to the year ended December 31, 2024) Processing Fee (Permits) |
Philippines | Local Government Unit | | 6,841,000 | | 14,000 | | | | | 6,855,000 | Local Business Tax, processing fee (Permits) |
Philippines | Provincial Government of Nueva Vizcaya | | | | | | | | 3,336,000 | 3,336,000 | Community Development Program (CDF) |
Philippines |
Municipalities of Cabarroguis and Kasibu |
Local barangays | | | | | | |
3,318,000 |
3,318,000 | Social Development Management Program, Information/Education/Communication, Development of Mining Technology and Geo-sciences |
Philippines | Provincial Government of Quirino | | | | | | | | 3,180,000 | 3,180,000 | Quirino Provincial Development Fund |
Philippines | Provincial Government of Quirino | | | | | | | | 1,697,000 | 1,697,000 | Environmental funds |
Philippines | Government of the Philippines | Bureau of Customs | | | 1,367,000 | | | | | 1,367,000 | Customs duties and tariff fees |
| Philippines | Local Government Unit Province of Nueva Vizcaya | | 1,012,000 | | | | | | | 1,012,000 | Real property tax |
United States of America | U.S. Department of the Treasury | Internal Revenue Service | 9,625,000 | | | | | | | 9,625,000 | Federal Corporate Income and Withholding tax paid |
United States of America | State of South Carolina | Department of Revenue | 1,225,000 | | | | | | | 1,225,000 | South Carolina Corporate Income tax paid |
United States of America | State of South Carolina | South Carolina Department of Natural Resources | | | 1,919,000 | | | | | 1,919,000 | Endowment payment to the South Carolina Department of Natural Resources Heritage Trust program.(5) |
United States of America | State of South Carolina | Department of Treasury | | | 1,800,000 | | | | | 1,800,000 | Reclamation bonding |
United States of America | Lancaster County, South Carolina | | 2,740,000 | | | | | | | 2,740,000 | Property taxes |
Additional Notes: | (1)All payments are reported in United States dollars (the reporting currency of the reporting entity) and have been rounded to the nearest $1,000. (2)Payments have been converted to United States dollars from New Zealand dollars and Philippine pesos using a weighted average of the relevant monthly average exchange rates during the period. Average exchange rates for the year were NZD:USD 0.5821 and USD:PHP 57.4713 in 2025. (3)Under the Mining Act in the Philippines, OceanaGold is required to invest 1.5% of its operating costs incurred to pay for a range of social development and community related programs. Payments made under the Social Development Management Program ('SDMP') included in this report totalled ~$2.4 million. Payments made under the Information Education and Communication ('IEC') and Development of Mining, Technology and Geo-Sciences ('DMTG') programs included in this report totalled ~$0.9 million. This report includes payments made within a Barangay, Local Government Unit or Municipality where the total exceeded the applicable threshold. Following the FTAA renewal, OceanaGold is required to invest the equivalent of an additional 1.5% of gross revenue which is to be allocated to community development. Payments made to the Community Development Fund ('CDF') and Provincial Development Fund ('PDF') totalled ~$3.3 million (excluding administration costs) and ~$1.7 million, respectively. (4)In accordance with a Memorandum of Agreement, OceanaGold made payments totalling ~$1.5 million to the account of the Quirino Provincial Development Fund which shall be utilized exclusively for the community development projects of the Province of Quirino. (5)OceanaGold is required to provide financial support to a Heritage Trust program in the form of an annual endowment payment over a 14 year period in accordance with its agreement with South Carolina's Department of Natural Resources. OceanaGold Corporation's ESTMA Reports are available at: https://oceanagold.com/investors/results-and-filings |
