2014 Fact Book LR

OceanaGold
Fact Book
2014
Innovation
Performance
Growth
Section title
Cautionary Statement Regarding

Forward Looking Information
This Fact Book contains forward-looking statements and
information within the meaning of applicable securities laws
which may include, but is not limited to, statements with
respect to the future financial and operating performance
of the Company, its subsidiaries and affiliated companies,
its mining projects, the future price of commodities, the
estimation of Mineral Reserves and Mineral Resources, the
realisation of Mineral Reserve and resource estimates, costs
of production, estimates of initial capital, sustaining capital,
operating and exploration expenditures, costs and timing
of the development of new deposits, costs and timing of
the development of new mines, costs and timing of future
exploration and drilling programs, timing of filing of updated
technical information, anticipated production amounts,
requirements for additional capital, governmental regulation
of mining operations and exploration operations, timing and
receipt of approvals, consents and permits under applicable
mineral legislation, environmental risks, title disputes or
claims, limitations of insurance coverage and the timing
and possible outcome of pending litigation and regulatory
matters. Often, but not always, forward-looking statements
and information can be identified by the use of words such
as plans, expects, is expected, predicts, budget,
scheduled, estimates, forecasts, intends, targets,
aims, anticipates or believes or variations (including
negative variations) of such words and phrases, or may be
identified by statements to the effect that certain actions,
events or results may, could, would, should, might
or will be taken, occur or be achieved. Forward-looking
information or statements contain information that is based
on assumptions, forecasts of future results, estimates of
amounts not yet determinable, and therefore involve known
and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements
of the Company and/or its subsidiaries and/or its affiliated
companies to be materially different. For a list of risk factors,
please refer to the Companys Annual Information Form in
respect of its fiscal year-ended December 31, 2013, which is
available on SEDAR at www.sedar.com under the Companys
name. Forward-looking statements and information contained
herein are made as of the date of this document and, subject
to applicable securities laws, the Company disclaims any
obligation to update any forward looking statements and
information, whether as a result of new information, future
events or results or otherwise. Readers should not place
undue reliance on forward-looking statements and information
due to the inherent uncertainty therein. All forward-looking
statements and information made herein are qualified by
this cautionary statement.
Cautionary Notes Regarding Technical Information

Standards: This Fact Book includes disclosure of scientific
and technical information, as well as information in relation
to the calculation of reserves and resources, with respect to
OceanaGolds mineral projects. OceanaGolds disclosure of
Mineral Reserve and Mineral Resource information is governed
by National Instrument 43-101 Standards of Disclosure
for Mineral Projects (NI 43-101) under the guidelines
set out in the Canadian Institute of Mining, Metallurgy and
Petroleum (the CIM) Standards on Mineral Resources and
Mineral Reserves, adopted by the CIM Council, as may be
amended from time to time by the CIM (CIM Standards).
The disclosure of Mineral Reserve and Mineral Resource
information relating to OceanaGolds properties is also
presented in accordance with the reporting requirements of
the 2012 Edition of the Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves
(JORC Code). Estimates of Mineral Resources and Mineral
Reserves prepared in accordance with the JORC Code would
not be materially different if prepared in accordance with the
CIM definitions applicable under NI 43-101. There can be no
assurance that those portions of Mineral Resources that are
not Mineral Reserves will ultimately be converted into Mineral
Reserves. Mineral Resources are not Mineral Reserves and do
not have demonstrated economic viability. This Fact Book uses
the terms Measured, Indicated and Inferred resources.
U.S. persons are advised that while such terms are recognized
and required by Canadian regulations, the Securities and
Exchange Commission does not recognize them. U.S. persons
are cautioned not to assume that all or any part of Measured
or Indicated Resources will ever be converted into reserves.
U.S. persons are also cautioned not to assume that all or any
part of an Inferred Mineral Resource exists, or is economically
or legally mineable.
Technical Reports: For further information regarding

OceanaGolds properties, reference should be made to the
following NI 43-101 technical reports that have been filed and
are available at www.sedar.com under the Companys name:
(a) Technical Report for the Macraes Project located in the
Province of Otago, New Zealand dated February 12, 2010,
prepared by R. Redden and J. G. Moore, both of Oceana Gold
(New Zealand) Limited; (b) Technical Report for the Reefton
Project located in the Province of Westland, New Zealand
dated May 24, 2013, prepared by K. Madambi, Technical
Services Manager and J. G. Moore Chief Geologist, both of
Oceana Gold (New Zealand) Limited (the Reefton Technical
Report; and (c) Technical Report for the Didipio Project
located in Luzon, Philippines dated July 29, 2011, prepared
by R. Redden and J. Moore of Oceana Gold (New Zealand)
Limited (the Didipio Technical Report).
R. Redden was a full-time employee of the Companys
subsidiary, Oceana Gold (New Zealand) Limited at the time
of writing, and K. Madambi and J. G. Moore were, and remain,
full-time employees of Oceana Gold (New Zealand) Limited.
The Technical Reports have been filed with the Canadian
securities regulatory authorities and are available for review
at www.sedar.com under the Companys profile.
For further information regarding the El Dorado property,
formerly owned by Pacific Rim Mining Corp. (Pacific Rim),
reference should be made to the following NI 43-101
technical report which has been filed and is available at
www.sedar.com under Pacific Rims name: Technical Report
Update on the El Dorado Project Gold and Silver Resources,
Department of Cabaas, Republic of El Salvador dated
March 3, 2008, prepared by Steven Ristorcelli and Peter
A. Ronning of Mine Development Associates.
The El Dorado resource estimate referred to herein
was prepared by Mr. Steven Ristorcelli, C.P.G., of Mine
Development Associates, Reno, Nevada (who is an
independent Qualified Person as defined in NI 43-101) and
conforms to current CIM Standards on Mineral Resources
and Reserves. Where the Mineral Reserve and Mineral
Resource estimates of the Companys Reefton, Macraes and
Didipio Projects set out in this Fact Book differ from those
set out in the Technical Report for the relevant property,
such differences arise from updates to such Mineral Reserve
and Mineral Resource estimates as a result of depletion
through production, additional exploration activities or revised
economic assumptions.
The latest updates of Mineral Reserves for each of the
Companys New Zealand projects were prepared by, or under
the supervision of, K. Madambi, while the Mineral Reserves
for the Didipio Project were prepared under the supervision
of R. Corbett. The updates of Mineral Resources for Didipio
Project was prepared by, or under the supervision of, J.
G. Moore, whilst the updates of Mineral Resources for the
Macraes Project and Reefton Project were updated by S.
Doyle. S. Doyle, K. Madambi, and J. G. Moore are Members
and Chartered professionals with the Australasian Institute
of Mining and Metallurgy and each is a qualified person
for the purposes of NI 43-101. S. Doyle is also a member
of the Australian Institute of Geoscientists. R, Corbett is a
Registered Professional Engineer (Ontario) and is a qualified
person for the purposes of NI 43-101. All such persons are
qualified persons for the purposes of NI 43-101 and have
sufficient experience relevant to the style of mineralisation
and type of deposit under consideration and to the activity
which they are undertaking to qualify as a Competent Person
as defined in the JORC Code. Messrs Corbett, Doyle, Madambi,
Moore and Ristorcelli consent to inclusion in this Fact Book of
the matters based on their information in the form and context
in which it appears.
OceanaGold has adopted United States dollars (USD) as its
presentation currency. The financial information is presented
in USD and all numbers in this document are expressed in USD
unless otherwise stated.
Cover image:
Macraes
2
OceanaGold
Goldfield,
Corporation
New Zealand
Fact Book 2014
Contents
5
6
7
8
9
10
11
12
13
The Business at a Glance

Map of Operations and Assets
OceanaGold at a Glance
Chairman Letter
CEO Letter
Vision and Values
Investment Highlights & Strategy
Operating Summary
Company History
15
16
20

22

23
Operations
Didipio Mine, Philippines
Macraes Goldfield, New Zealand:
Macraes Open Pit
Frasers Underground
Reefton Goldfield, New Zealand:
Reefton Open Pit
Processing, New Zealand
El Dorado Project: El Salvador
Resource Development
Reserves & Resources
Sustainability
24
25
26
27
28
31 Financials and
Investor Information
32 Five Year Financial Summary
33 Operating Costs
34 Capital Expenditure & Liquidity
35 Share Information
36 Our Team
38 Glossary
39 Key Investor Dates
and Corporate Directory
Section title
Macraes Open Pit

and entrance to Frasers
Underground mine,
New Zealand
OceanaGold Corporation Fact Book 2014
Multinational
gold producer
and developer
Section title
Map of Operations and Assets
Mineral Reserves
Gold (Moz)
Copper (000t)
3.14
Proven
1.38 90
Probable
1.76 120
Mineral Resources
Gold (Moz)
Resources1
210
Copper (000t)
12.04
Measured & Indicated
8.34
Inferred
3.70
Silver (Moz)
290 11.38
260
9.48
30 1.90
El Salvador
Philippines
New Zealand
Luzon
Didipio Mine
Reefton Open Pit
Auckland
El Dorado Project 2
Macraes Open Pit
Frasers Underground
Manila
Wellington
San Salvador
Christchurch
Mindanao
Dunedin
1. Resources are inclusive of reserves and reserves are in situ ounces. Please refer to page 27 for Reserves/Resource statement.
2. Please refer to page 25 for for further information on the status of permit applications at El Dorado.
OceanaGold at a Glance
25 25
350 350
20 20
250 250
15 15
0
2014E
2013
2014E
2012
2013
2013
2014E
2011
2012
2010
2011
2009
2010
2008
2009
2007
0
2007
2008
2013
2014E
50 50
10 10
COPPER 000 TONNES
COPPER 000 TONNES
150 150
GOLD 000 OUNCES
The Didipio Mine in the Philippines commenced commercial

production on April 1, 2013 and is forecast to produce on
average 100,000 ounces of gold and 14,000 tonnes of copper
over its 15 year mine life. The Company is forecast to produce
approximately 200,000 ounces of gold per annum from its
New Zealand operations.
Production Profile
GOLD 000 OUNCES
OceanaGold Today
OceanaGold is a significant multinational gold producer listed
on the Toronto, Australian and New Zealand stock exchanges.
The Company has a portfolio of operating, development and
exploration assets located in the northern Philippines, South
Island of New Zealand and El Salvador. There were 1,376 full
time employees at the end of 2013.
Financial Snapshot
Year ended 31 December
2013
2012
2011
2010
2009
Revenue
US$m
553.6
385.4
395.6
305.6
237.1
EBITDA1
US$m
262.4
144.6
163.9
139.5
106.2
US$m
135.2
53.1
78.5
71.8
40.4
Earnings before income tax
US$m
106.1
31.7
65.2
55.4
25.6
Net earnings before impairment
US$m
91.3
20.7
44.2
44.4
54.5
Net earnings/(loss)
US$m
(47.9)
20.7
44.2
44.4
54.5
US$
(0.16)
0.08
0.17
0.20
0.29
US$m
24.8
96.5
170.0
181.3
42.4
Operating profit
1
Diluted earnings/(loss) per share

Cash and cash equivalents
Gold produced
oz
325,732
232,909
252,499
268,602
300,391
Gold sold2
oz
308,081
230,119
249,261
268,087
300,044
US$ / oz
1,382
1,675
1,587
1,140
790
Copper produced
tonnes
23,059
Copper sold2
tonnes
21,290
US$/tonne
7,127
Cash operating cost
US$ / oz
426
940
875
570
411
Cash operating margin
US$ / oz
956
735
712
570
379
Average gold price received
Average copper price received

3
1. Excluding gain / (loss) on undesignated hedges and non cash impairment charge
2. Includes Didipio Q1 2013 pre commerical production of 2,791 ounces of gold and 1,549 tonnes of copper sold
3. Net of by-product credits based on ounces of gold sold and includes the Didipio nine month period of commerical production in 2013
Chairman Letter
One highlight of (the Didipio)

commissioning period and
subsequent production has been
the exceptional safety record
being created
Jim Askew
Your Board has overseen an eventful 2013 which has positioned

OceanaGold as a robust, profitable gold and copper producer with
multiple mines and a growing international reputation as a wellmanaged, transparent and aspirational player in the Pacific basin.
The smooth commissioning of Didipio into commercial production
by April and the stellar production since then was most timely,
as our New Zealand (NZ) operations came under extreme margin
pressure due to the combined impacts of softness in the gold price
and escalating currency strength of the New Zealand Dollar.
Early response to the NZ issues resulted in these operations being
rescheduled, judicious and modest gold hedging denominated in
NZ dollars being implemented and certainty around protecting
modest margins and mine life achieved. I must stress that this
was only possible due to the excellent productivity and workplace
relations embodied in the NZ workforce and community. With
these attributes amply demonstrated, we can now aggressively
look at other production alternatives for these operations. While it
would appear they may not always continue to deliver the current
scale, they could well extend the profitable life, particularly at
Macraes, for at least a decade.
On May 15, 2013, the Board had the great pleasure to attend a
low key opening ceremony for the Didipio Mine in the North East
highlands of Luzon. As I commented at the time to the attendees,
largely comprising our workforce, surrounding communities and
Philippine dignitaries, it was the crowning achievement of some
25 years of effort since discovery. And while the current reserve
life is some 15 years, there is the regional mineralisation
endowment to materially extend this life. One highlight of this
commissioning period and subsequent production has been the
exceptional safety record being created and Michael Holmes, our
Chief Operating Officer, and his operating team are to be credited
with an extraordinary performance.
Crossing the Rubicon into being a Philippine producer, with the

structure of the first mine to operate under a FTAA (Financial
or Technical Assistance Agreement) meant that both we and
the Philippine government agencies involved were in somewhat
unchartered waters. On your behalf, I must single out Joey Leviste
(Chairman of OceanaGold Philippines Inc.), Chito Gozar (Senior
Vice President Communications & External Affairs) and Brennan
Lang (General Manager, Didipio) for their achievement in enabling
Didipio to be constructed on schedule and bedding down the
multitude of issues which were encountered and resolved in
the first year of production.
The strategic vision of your Company is to take the results
achieved in 2013 in production, commercial success, community
relations, safety and environment as a springboard to adding
growth via solid asset additions. A small step in this was the
merger of Pacific Rim Corp. into OceanaGold, delivering ownership
of a mature, high grade gold deposit in El Salvador. We would hope
that further progress in this strategy will deliver accretive assets
in the coming year.
The Company fully realises that the progress achieved in 2013
is a critical milestone in its evolution. However, it cannot rest on
these achievements, but turn them to account in pursuit of improved
operating efficiencies, safety and community relations. This provides
the balance sheet and basis for aggressively seeking further
corporate opportunities which complement our skill sets and
result in increased shareholder security and investment return.
Sincerely,
Jim Askew, Chairman of the Board

March 2014
CEO Letter
We successfully brought on line

theDidipio Mine which has
transformed OceanaGold into
a low cost gold producer.
Mick Wilkes
To all of our shareholders, employees, Government agencies,

suppliers and all our other stakeholders, welcome to the 2014
OceanaGold Fact Book.
Last year was both a tough year and a very successful one.
Tough because we saw a dramatic drop in the gold price which
wiped around 20% from our revenue line and required a fast
response from our New Zealand operations. To the very great
credit of all of our staff in New Zealand, the mobilisation to develop
and execute new business plans there was virtually automatic,
highlighting the great quality of our people and the culture existing
within the Company. We were also successful because against this
tough gold price environment, we successfully brought on line the
highly competitive Didipio Mine which has essentially transformed
OceanaGold into a low cost gold producer.
The achievements at Didipio over the past three years cannot
be overstated. From the community relations teams on the ground
at Didipio, to the construction teams who delivered the project
on time and close to budget, to the operations teams that have
commissioned and ramped up the mine to full production with
excellent results. Many of the qualities demonstrated by the people
that have worked on Didipio have emanated from within the
existing company in New Zealand and therefore everyone in the
company should be very proud of this achievement. An achievement
which many people in the mining industry, both technical and
financiers, thought could not be done. We have proven them
all wrong.
Despite the lower gold price environment that has led to the
tough decisions to cut back on production in New Zealand, the
future for our Company now looks brighter than ever. We continue
to drive for efficiency, and look to unlock the organic value from
our existing operations, such as unlocking the tungsten value at
Macraes and optimising the design and timing for the underground
development at Didipio. These studies are a key focus for the
Company in 2014 that will drive up shareholder value.
Most pleasingly our safety performance continues to improve

as we pursue our goal of being injury free at all of our workplaces.
We made good progress on this journey last year where we were
lost time injury free at Didipio, an outstanding achievement for any
new mining operation. We will never rest in our efforts to improve
safety performance until we can ensure that no one will be injured
when on the job at one of our workplaces.
The success of Didipio and the efficiency gains in New Zealand
resulted in record production and record EBITDA for the year.
This allowed us to repay some US$64 million of net borrowings
putting us well on the way to deleveraging the business in line
with our peer group of gold companies. Our finance team also
successfully completed the payment of the last of the convertible
notes financed in part by cash, and in doing so, commenced a new
era of simpler financing structures and a cleaner balance sheet.
This is an area that we have strategically strived to reach as it
delivers a strong and robust company going forward that will
be attractive to long term investors.
Looking back more generally at what we have achieved at
OceanaGold over the past three years, I am personally very proud
of everyone involved. The strength of management who have
embraced our values to operate in all areas has underpinned
a very strong mining company and look forward with great
confidence to its ongoing success. I would like to take this
opportunity to thank all of our stakeholders for supporting our
Company and assisting us to get to this important stage in the
transformation of OceanaGold.
Mick Wilkes, Managing Director and CEO

March 2014
Vision and Values
OceanaGold Vision
We will be a mid-tier, multinational gold producer
delivering superior shareholder returns in a safe and
sustainable manner by developing and operating
high quality assets. We will be the partner, employer
and mining company of choice.
Operations
Development
Growth
Efficient mines underpinned

by judicious investment
Didipio operating to
its full potential
Substantial low cost

reserves
World Class Skills

Operational efficiency
Mine design optimisation
Converting opportunity
Strong Balance Sheet

Low debt
Strategic capital allocation
Strong investor base
Partner and Employer of Choice

Safety
Environment
Employees
Community
Government
Our Values
The right way to do things at OceanaGold is through
demonstrating the following values:
Respect > Integrity > Teamwork > Innovation > Action > Accountability
Our Motto
Innovation > Performance > Growth
10 OceanaGold Corporation Fact Book 2014
Investment Highlights
Strategy
Multinational Gold Producer

Organic Growth Strategy
Focused on Profitability
The Companys business strategy:

> Maximising profitability through efficient operations and
judicious investment;
> Successfully ramping up the Didipio Mine to its full potential;
> Developing new reserves and resources at its existing mines
from in-pit and near mine exploration or from satellite projects
located within the current tenements;
> Implementing performance excellence programs that drive
efficiency and increase profit margins from our existing
operations; and
> Pursuing selective accretive acquisition and resource
development opportunities that are complementary and
add low cost gold reserves to the business.
> Solid production growth with reducing cash cost profile

> Proven & probable reserves of 3.14 million ounces of gold
and 210,000 tonnes of copper
> Total Resources of 12.0 million ounces of gold, 290,000
tonnes of copper and 11.4 million ounces of silver
> The Didipio Mine in Luzon, Philippines commenced commercial
production in April 2013 and is expected to be one of the lower
cost gold producers (net of by-product credits) and has
transformed OceanaGold into a low cost producer
> Strong management team with significant experience and
proven track record in acquiring, developing and operating
gold mines internationally
> Solid reputation for operational excellence in
environmentally sensitive areas
> Extensive history of successful commitment to sustainability
Didipio Mine Philippines, commenced

commercial production, April 2013
11
Operating Summary
OceanaGolds producing assets are Macraes (Open Pit and Frasers Underground) and the Reefton Open Pit mine, located in the
South Island of New Zealand. Commercial production of the Didipio Mine commenced April 1, 2013.
Financial Statistics1
Gold Sales
Copper Sales
2013
2012
2011
2010
2009
(ounces)
308,081
230,119
249,261
268,087
300,044
(tonnes)
21,290
Average Gold Price Received
(US$ per ounce)
1,382
1,675
1,587
1,140
790
Average Copper Price Received
(US$ per tonne)
7,127
Cash Operating Cost1,2
(US$ per ounce)
426
940
875
570
411
Cash Operating Margin
(US$ per ounce)
956
735
712
570
379
2013
2012
2011
2010
2009
(ounces)
259,455
232,909
252,499
268,602
300,391
New Zealand Operating Statistics

Gold Produced
Total Ore Mined
Ore Mined Grade Gold
Total Waste Mined incl. pre-strip
Mill Feed
Mill Feed Grade Gold
Recovery Gold
(tonnes)
8,650,072
6,872,686
8,103,693
7,905,464
6,258,806
(grams/tonne)
1.31
1.34
1.21
1.43
1.85
(tonnes)
56,544,293
54,580,473
59,176,017
57,643,657
61,087,834
(dry milled tonnes)
7,290,217
7,462,375
7,588,354
7,081,488
6,913,713
(grams/tonne)
1.35
1.20
1.25
1.45
1.68
(%)
81.3
81.0
82.9
81.6
80.0
2013
2012
2011
2010
2009
Didipio Operating Statistics

Gold Produced
(ounces)
66,277
Copper Produced
(tonnes)
23,059
Total Ore Mined
(tonnes)
8,787,878
(grams/tonne)
0.58
(%)
0.58
(tonnes)
14,398,928
(dry milled tonnes)
2,578,295
(grams/tonne)
0.94
Mill Feed Grade Copper
(%)
0.98
Recovery Gold
(%)
83.0
Recovery Copper
(%)
91.5

Ore Mined Grade Copper
Mill Feed
1. Didipio Mine commenced commercial production on April 1, 2013. In the first quarter of 2013, prior to commercial production, 2,791 ounces of gold
and 1,549 tonnes of copper were sold from the Didpio Mine which is included in the gold and copper sold statistics. For cash cost calculation purposes,
the revenue received for this period was netted off against capitalised development costs and therefore excluded from the cash cost calculation.
2. Net of by-product credits.
Full details can be found in the quarterly Management Discussion and Analysis (MD&A) documents available on the Companys website.
Company History
1990
Macraes Mining Company Limited commenced

gold production at Macraes.
1999
Reefton Goldfield acquired from CRA Limited.
1999
Pressure oxidation and autoclave facility

commissioned at Macraes, only one of three
in the southern hemisphere.
2003
Oceana Gold Ltd incorporated.
2004
Oceana Gold Ltd listed on ASX and NZX.
2005
Two millionth ounce of gold poured from

Macraes Open Pit Mine.
2006
Merger with Climax Mining bringing the

Didipio Gold-Copper Project into the Company.
2007
OceanaGold Corporation listed on TSX.

Reefton Open Pit Mine commissioned.
Flotation cells commissioned at Macraes,
the largest of this type operating in the world.
2008
Frasers Underground Mine commissioned.

Didipio placed under care & maintenance following
Global Financial Crisis.
2009
Record gold production for New Zealand

operations (300,000 oz).
2010
Three millionth ounce of gold poured from

the Macraes process plant.
2011
Didipio Mine construction recommenced

in June.
2012
Didipio Mine construction completed and

first concentrate produced in December.
2013
Didipio Mine commenced commercial

production in April.
El Dorado Project1 in El Salvador acquired.
Record gold production from New Zealand
and Philippines operations.
Macraes Mining History

The Macraes area is a mature exploration
province with the earliest alluvial mining
occurring in 1862. In 1989, the original Macraes
tenements were sold by Golden Point Mining and
BHP Gold Mines (New Zealand) to the
Macraes Mining Company.
Reefton Mining History
The Reefton goldfield is historically one of
New Zealands most prolific gold mining areas,
having produced over two million ounces of gold
from underground mining from when gold was
first discovered in the Reefton area in about
1870 until the last large underground mine
closed in 1951.
Didipio Mining History

The Didipio area was first recognised as a gold
province in the 1970s, when indigenous miners
from Ifugao Province discovered alluvial gold
deposits in the region. Gold was mined either by
the excavation of tunnels following high-grade
quartz-sulphide veins or by hydraulicing in softer,
clay-altered zones. Gold was also recovered by
panning and sluicing gravel deposits in nearby
rivers, and small-scale alluvial mining still takes
place. No indications of the amount of gold
recovered have been recorded.
El Dorado History
Modern mining and milling at the El Dorado Mine
commenced in 1948. Over 270,000 tonnes of
ore and approximately 72,500 ounces of gold
were extracted until the mine closed in 1953,
mainly due to low gold prices. Exploration was
conducted from 1975 to 1976 and further
deposits and prospects were identified between
1993 and 1995. Dayton Mining Corporation
acquired the El Dorado Project in 2000 and
amalgamated with Pacific Rim Mining Corp
in 2002 through a reverse take-over.
1. Please refer to page 25 for further information

on the status of permit applications at El Dorado.
13
Didipio process plant, Philippines,

Ball mill and SAG mill (left),
flotation circuit (foreground)
and cyclone tower (top)
Operations
We develop and
operate quality
assets in a safe and
sustainable manner
Section title
15
Gold Production (ave LOM)
100,000
(oz per annum)
Copper Production (ave LOM)
In June 2011, OceanaGold recommenced construction of the high

grade gold-copper Didipio Mine located in Luzon, approximately
270 kilometres north of Manila in the Philippines. Construction
was completed and commissioning of the mine commenced on
schedule in the fourth quarter of 2012 with first ore through the
mill in December 2012. Following successful commissioning,
commercial production was declared as at April 1, 2013.
14,000
Cash costs over the life of mine after copper by-product credits
are expected to be significantly lower than OceanaGolds New
Zealand operations.
Mine Type
OceanaGold acquired the Didipio Mine through the merger with

Climax Mining in November 2006 and a local partner is entitled to
a free carried interest of 8% in the operating vehicle of the mine.
(tonnes per annum)
Open Pit &

Underground
Resources
2.36
(M&I 2.06, Inferred 0.3)

Moz Gold
290,000
(M&I 260,000, Inferred 30,000)

tonnes Copper
Reserves
1.59
Moz Gold
210,000
tonnes Copper
Estimated Mine Life

(Based on current reserves)
2028
Didipio Mine,Philippines, looking towards

the south wall of the open pit mine
Ore Body
Chalcopyrite (sulphide mineral of copper and iron) and gold are
the main economic minerals in the deposit. Chalcopyrite occurs as
fine-grained disseminations, aggregates, fracture fillings and stock
work veins, particularly within the vein zone of alteration. Some
bornite (also a sulphide mineral of copper and iron) is also present.
The ore body contains a higher concentration of copper near
surface and hence copper production in the early years is expected
to be higher than the average life of mine production and lower in
the later years.
A model of the ore body is available on the following website link:
www.oceanagold.com/our-business/philippines/didipio-mine/
Mining
The Didipio gold-copper deposit will be mined by both open pit and
underground methods. Open pit mining is expected to operate on
its own for the first 4 years with the underground development
currently planned to commence with minimal ore in years 5 to 7.
Open pit and underground activities will run concurrently until the
pit is completed in year 12 with final low grade ore stock piles
from open pit mining to be milled at the end of both open pit and
underground operations.
Open pit pre-strip mining commenced in January 2012. Current

mining operations are focused on delivering ore from stages
2 and 3 of the open pit. Stage 4 stripping commenced in 2013.
Mining is contracted out to a Filipino mining contractor with
certain contractual obligations to ensure targets for Filipino training
and employment are met. Mining operations continue to provide
competent waste rock to build out the tailings storage facility
(TSF) lifts. The Company expects to continue building the TSF lifts
over the next four years to reach the ultimate life of mine capacity.
Open pit mining (based on current mine plan)
> Strip ratio 3.45:1
> Five pit stages
> 300m deep open cut down to an elevation of 2,380mRL
> Conventional drill and blast
> Loading of haul trucks by hydraulic excavators
> Open pit mining costs including pre-stripping are forecast
at US$2.70 per tonne mined (average next five years)
Underground mining (based on current mine plan)
> Sub-level open stoping with cemented paste backfill
> Mines in parallel with the open pit
> Decline commences in 2016 from side of open pit
> Production to commence in 2019
> Near full production 2021, due to bottom up sequence
> Base level 2,180mRL
> Maximum mining rate 1.2Mtpa
> Six year production life after development
> Underground mining costs are forecast at US$34 per tonne
of ore mined
Operational Statistics
Didipio Mine
Q4
Dec 31 2013
Q3
Sep 30 2013
Q2
Jun 30 2013
Q1
Mar 31 2013*
Year
2013*
Gold Produced
(ounces)
27,713
18,011
13,676
6,877
66,277
Copper Produced
(tonnes)
7,536
6,150
5,710
3,663
23,059
Total Ore Mined
(tonnes)
2,618,832
2,602,651
1,729,314
1,837,081
8,787,878
(grams/tonne)
0.69
0.58
0.55
0.49
0.58
(%)
0.53
0.55
0.64
0.65
0.58
(tonnes)
3,473,327
3,832,560
4,342,999
2,750,042
14,398,928
(dry milled tonnes)
729,121
672,921
727,550
448,703
2,578,295
(grams/tonne)
1.33
0.97
0.75
0.59
0.94
Mill Feed Grade Copper
(%)
1.09
0.97
0.91
0.92
0.98
Recovery Gold
(%)
88.7
86.2
77.5
79.8
83.0
Recovery Copper
(%)
95.0
94.2
87.3
88.6
91.5

Ore Mined Grade Copper
Total Waste Mined including pre-strip
Mill Feed
*Note: The Didipio Mine commenced commercial production on April 1, 2013 therefore Q1 2013 operational statistics are pre-commercial production
Operations
17
Processing
Construction of a mineral processing facility to the north of the
open pit mine was completed on schedule in the fourth quarter
of 2012. Ore is processed with a conventional SAG/Ball mill
grinding circuit followed by froth flotation for recovery of
copper-gold concentrate. A gravity circuit is incorporated within
the grinding circuit to produce gold bullion on site. Concentrate
is transported by road to existing port facilities for export.
Initial nameplate capacity throughput rate of 2.5Mtpa was
achieved in 2013, with 2014 throughput planned at 3Mtpa
building up to the final expanded capacity of 3.5Mtpa by the
end of 2014.
The Ball Mill Work Index is 14.6 kilowatt hours per tonne.
Approximately 50% of the average life of mine processing
costs represents diesel power for the generators. During 2013
OceanaGold completed a feasibility study on connectivity to grid
power which has the potential for annual operating cost savings.
Regardless, self generation is deemed necessary to ensure the
reliability of power supply.
Processing costs are estimated to average US$10 to US$11
per tonne milled (assuming no grid power connectivity as
mentioned above). Overhead and site costs include administrative
cost associated with maintaining the site at Didipio, meals,
accommodation, transport and community relations and are
forecast at US$10 to US$11 per tonne milled (average over
the next five years).
In 2012, the Company announced the signing of an Offtake
Agreement with Trafigura in relation to the sale and purchase
of copper concentrate from the Didipio Mine with a minimum
period of five years from the start of production. OceanaGold
sells 100% of the Didipio copper-gold concentrate production
to Trafigura at competitive terms and conditions, including
treatment and refining charges. Trafigura takes delivery
of copper-gold concentrate at the port and manages sea
transportation from port to port.
Didipio Mine Philippines,

first gold poured May 2013
Trafigura is a leading international commodity trader that

specialises in the supply and transport of concentrates, and
owns and operates concentrate storage facilities in China and
worldwide that support the companys trading activity.
Copper concentrate is transported by truck from the Didipio
Mine site to the port of San Fernando, a distance of around
350 kilometres by road. OceanaGold manages the copper
concentrate land transportation and during 2013 purchased its
own trucks and employed Filipino drivers. Generally there are
20 trucks on the road running daily and the average truck
capacity is 20 tonnes. Given the long distance and passing
through various communities en route, the Company is providing
additional driver training and adding cameras and systems to
reduce risks of road incidents.
The combined concentrate haulage and handling cost at the
port, including warehousing and loading is forecast at around
US$60 per wet metric tonne. In 2013 a total of 75,000 dry
metric tonnes of Didipio copper concentrate was shipped from
port to Asian smelters, primarily to Japan and Korea, with cargo
varying from 5,000 to 10,000 dry metric tonnes at estimated
freight costs of US$30 per wet metric tonnes. The estimated
average moisture content is 10%.
Financial or Technical Assistance Agreement (FTAA)

The Didipio Mine is held under the FTAA between OceanaGold
and the Philippines Government which allows for 100% foreign
ownership of the mining operations contractor. The FTAA covers
an area of approximately 129 square kilometres in the provinces
of Nueva Vizcaya and Quirino. There are currently six signed FTAAs
and OceanaGold is the first company to operate under such a
contract.
Net Revenue is calculated on gross revenue less operating costs

and other allowable deductions. The Governments Share includes
all taxes paid such as corporate and excise tax, royalties, free
carried interest paid and as such OceanaGold will be required to
pay the difference between the 60% Net Revenue amount less all
Government Share items paid during the period.
The Company has been granted a six year corporate tax holiday
with a potential extension for a further two years.
In accordance with OceanaGolds FTAA agreement, the Company

has a period of up to five years from the start of commercial
production to recover its pre-operating expenses, property
expenses and taxes paid during the recovery period. Following the
earlier of five years or full recovery of pre-operating expenses and
other recoverable items, the Government is entitled to 60% of
Net Revenue and 40% will be that of OceanaGold.
Pre-operating expenses includes development and construction
costs of the mine, payments to claim owners and landowners,
exploration programs, maintenance of exploration tenement,
feasibility studies, administration of offices, financing costs and
the net commissioning cost up to commercial production. It also
includes payments made by predecessor companies. Should
OceanaGold not fully recover its pre-operating expenses in the five
year period, the Company is entitled to a depreciation allowance
for the outstanding balance for the following three years.
FTAA Net Revenue

Net Revenue Calculation
Revenue
Less Operating costs
Less Depreciation of post development capital expenditure (excluding Underground development)
Less Underground mine development
= Net Revenue (Up to 5 years to recover the pre-operating expenses and other allowable items from Net Revenue)
Government Share ( = 60% Net Revenue post recovery)
The following items shall be included in the Government Share:

2% Net Smelter Royalty paid
2% Excise Duty paid (2% gross sales for gold, 2% copper concentrate)
Corporate Tax (current tax rate 30%)
Other taxes (e.g. Withholding tax)
8% Free Carried paid (entitles the holder to 8% of equity in the operating vehicle and dividends to be paid after recovery or pre-operating expenses)
Further details can be found in the NI 43-101 Technical Report for the Didipio Project dated July 29 2011, available on the Companys website.
Operations
19

Macraes Open Pit
Mine Type
Open Pit
Gold Resources (Moz)
4.65

Gold Reserves (Moz)
1.23
Estimated Mine Life

(Based on current life of mine plan)
2017
Gold Production
90,000
100,000
(oz per annum)
Macraes prcoess plant, New Zealand,

6Mtpa mill primary grinding circuit
The Macraes Goldfield is New Zealands largest gold producing

operation and consists of the Macraes Open Pit and Frasers
Underground mine with an adjacent process plant inclusive
of an autoclave for pressure oxidation of the ore. OceanaGolds
mining and exploration permits at Macraes cover a contiguous
area of 26,480 hectares. The Macraes mine is located 90
kilometres north of Dunedin in the Otago region of New
Zealands South Island. It has been in operation since 1990
and the Macraes process plant has produced approximately
4.0 million ounces of gold (as at the end of March 2014).
Ore Body
The Macraes ore body is located within a shallow dipping shear
zone which dips 15 to 20 degrees to the Northeast and has a
known strike extent in excess of 30 kilometres. Gold is mostly
associated with sulphides, and occurs principally as microblebs
within pyrite and arsenopyrite grains. This gold is refractory and
is not readily recoverable by standard cyanidation methods.
Frasers Stage 5, Frasers West and Frasers-Innes Mills are the
only open pit stages currently being mined. As a result of the
prolonged and sustained drop in the gold price, the Macraes
mine plan was re-optimised in early 2014 and based on this
plan, the Frasers 6 open pit cutback has been redesigned and a
smaller cutback at Frasers 6 and Frasers-Innes Mills is planned
to commence in the first half of 2014.
The open pit mine will supply approximately 4.8 million tonnes of
ore per annum to the process plant, while the Frasers Underground
mine supplies a further 0.9 million tonnes of ore per annum.
Stockpiles of ore provide supplementary feed when required and
the Company plans to increase the processing of stockpiles from
2014 onwards. The current combined open pit, stockpile and
underground reserves of 1.35 million ounces of gold support a
mine life at Macraes of approximately eight years. Based on the
current life of mine plan, the mine life is to the end of 2017.
Benches of 7.5 metres are drilled and are mined in three 2.5 metre
flitches. Mine Technicians collect samples from the drill rig at 2.5
metre vertical intervals which are dispatched to an on-site
laboratory for gold analysis. The Mine Geologists use the assay
data, in conjunction with geological mapping, to create a 3D model
of the grade distribution for each flitch. These models are used to
delineate areas of ore and waste.
Explosives are used to loosen the rock prior to excavation by
hydraulic diggers. In areas containing gold, Ore Spotters are
employed to supervise the extraction of the ore. Dump trucks haul
the ore to the Run of Mine (ROM) pad for processing to begin,
whilst waste rock (rock that doesnt contain gold) is hauled to
rock stacks, designed to blend in with the surrounding landscape.
The average Life of Mine strip ratio is approximately 10-12:1
however may fluctuate year on year depending on the mine plan
and amount of pre-strip activity.
At Macraes, average mining cost including pre-strip, for the open
pit is approximately US$1.60 US$1.80 per tonne mined.
New Zealand Mining Fleet

Macraes
Quantity
Gross Weight
(tonnes)
Payload
Excavators
180-350
21-39 tonnes
Dump Trucks
10-18
250-318
Water Trucks
Drills
Tracked Dozers
CAT Graders
Wheeled Dozers
69
Loaders
18-55
7-20 tonnes
Reefton
Quantity
Gross Weight
(tonnes)
Payload
Excavators
170-180
21 tonnes
Dump Trucks
14
150-250
100-150 tonnes
Water Trucks
23-30
16-30 kL
Drills
22
Tracked Dozers
50-70
CAT Graders
30
Wheeled Dozers
47
Loaders
18-25
147-191 tonnes
59,000-130,000 L
5-10 tonnes
Operational Statistics (Macraes Goldfield operation statistics include Macraes Open Pit and Frasers Underground mines)
Macraes Goldfield
2013
2012
2011
2010
2009
Gold Produced
(ounces)
198,820
169,609
174,851
182,759
213,049
Total Ore Mined
(tonnes)
6,962,730
5,558,056
6,589,904
6,365,855
4,833,671
6,081,774
4,830,969
5,742,884
5,446,063
3,927,997
880,956
727,087
847,020
919,792
905,674
1.27
1.29
1.07
1.26
1.67
Macraes Open Pit
1.18
1.14
0.90
1.02
1.40
Frasers Underground
1.88
2.24
2.20
2.66
2.83
(tonnes)
38,725,444
36,363,043
44,407,352
43,944,947
48,578,180
(dry milled tonnes)
5,811,868
5,789,255
5,817,001
5,458,607
5,635,537
(grams/tonne)
1.30
1.12
1.12
1.28
1.47
(%)
81.4
81.1
83.3
81.3
79.6
Macraes Open Pit

Frasers Underground
Ore Mined Grade

Mill Feed
Mill Feed Grade
Recovery
Operations
(grams/tonne)
21

Frasers Underground
Mine Type
Underground
1.46

Gold Reserves (Moz)
0.12
Estimated Mine Life

mid 2015
Gold Production
40,000
55,000
(oz per annum)
Frasers Underground mine was developed to target down-dip

extensions of the Hanging Wall shear mineralisation currently
being mined in the Macraes Open Pit. The underground mine,
which was commissioned in January 2008, is currently 625
metres below surface and 110 metres below sea level, with
over 41 kilometres of developed tunnel drives.
Mining is focused on the higher grade, upper section of the Hanging
Wall shear. Resource development drilling from jump up rises
and stockpiles is ongoing and continues to extend mine life.
Ore Body
The ore body is the down dip extension to Macraes, open at
depth and sits on the Hanging Wall shear as well as along
structurally lower, sub-parallel shears. Within Panel 2 of the
Frasers Underground mine, the Hanging Wall shear
mineralisation is typically between 5 and 10 metres thick.
Mining
Mining is performed using retreat long hole open stoping.
Narrow pillars are left between the stope voids which are
15 metres wide and up to 200 metres long.
Production stoping occurs in the Hanging Wall shear and a
second thinner mineralised shear, 10 to 20 metres beneath
and sub-parallel to the Hanging Wall Shear.
The mine produces about 900,000 tonnes of ore per year using
a highly mechanised mining fleet of electric/hydraulic powered
drill rigs, large 50 tonne dump trucks and remote controlled
loaders that enter the mining stopes that are too dangerous for
personnel. In late 2012 the development of a fibre optic cable
linked to the lower levels of the Frasers Underground allowed
for remote bogging from a surface (above ground) facility.
The main entrance to the mine is a 5.0 metre wide by 6.0 metre
high decline that spirals down beside the ore at a gradient of
1.0 vertical metre per 7.0 horizontal metres and access to the
mining areas is by smaller 4.5 metre by 4.5 metre headings.
Fresh air, at a rate of 210 cubic metres per second is brought
into the mine via the decline and a 350 metre long vertical shaft.
A nearby escapeway shaft has a ladderway that provides an
additional entry/exit point to the mine. A dewatering station
pumps out water up to 17 litres per second. Other infrastructure
underground include a refuelling station, emergency refuges,
explosives magazine, pumping stations, electrical transformers,
a lunch room and small workshops.
Mining costs at the underground mine are approximately US$45
per tonne of ore mined.
Frasers Underground Mine,

New Zealand
Reefton Goldfield, New Zealand:

Reefton Open Pit
The Reefton mine was commissioned in 2007 and comprised

of a series of open pits developed along a major regional shear
structure and its offshoots of which OceanaGold has 53,930
hectares under permit. It is located seven kilometres southeast
of the township of Reefton a historic mining district in the West
Coast region of New Zealands South Island.
Mine Type
Ore Body
Mineralisation is hosted within a complex network of shears
that typically dip at 60 degrees near-surface and shallow to
40 degrees at depth. Underground miners historically worked high
grade quartz shoots, hosted within these shears. Proportions of
these shoots remain as high grade pillars and are recovered via
open pit mining at Globe. The main focus of the Globe Open Pit
however is the enveloping network of shearing which hosts
refractory gold within sulphides.
1.64
Open Pit

Gold Reserves (Moz)
0.19
The ore zone varies in thickness between 2 metres and 30 metres

and exhibits extensive lateral and vertical continuity.
Estimated Mine Life

Mining
The ore is supplied from one open pit which sits along the
mineralised shear zone. The mining operation consists of the Globe
Progress Open Pit which includes the General Gordon ore body.
The pit is mined in various stages. The haul roads are designed at
a 1:9 gradient to reduce the mining footprint. The topsoil is removed
from disturbed areas and stored for use during the rehabilitation
of the mine.
mid 2015
Gold Production
50,000
70,000
The ore is drilled for grade control & blast holes on a 5 metre by
5 metre pattern using RC drilling techniques. Additional blast holes
are drilled separately. The ore is then blasted to a depth of 7.5 metres
and mined selectively in 2.5 metre flitches to reduce ore loss and
dilution.
(oz per annum)
The average Life of Mine strip ratio is approximately 8-10:1 however

may fluctuate year on year depending on the mine plan and amount
of pre-strip activity.
Reefton mining costs, including pre-strip are approximately
US$2.60 to US$3.00 per tonne mined.
Operational Statistics
Reefton Goldfield
2013
2012
2011
2010
2009
Gold Produced
(ounces)
60,635
63,300
77,648
85,843
87,342
Total Ore Mined
(tonnes)
1,687,342
1,314,630
1,513,789
1,539,609
1,425,135
(grams/tonne)
1.47
1.56
1.80
2.11
2.46
(tonnes)
17,818,849
18,217,430
14,768,665
13,698,710
12,509,654
(dry milled tonnes)
1,478,349
1,643,120
1,771,353
1,622,881
1,278,176
(grams/tonne)
1.57
1.48
1.67
2.01
2.60
(%)
81.1
80.6
81.4
82.5
81.5
Ore Mined Grade

Mill Feed
Mill Feed Grade
Recovery
Operations
23
Processing, New Zealand
The autoclave operates at pressure of 3,140 kilopascals and

an average temperature of 225 degrees Celsius. Grind size is
important to the oxidation kinetics and feed is finely ground with
approximately 90% of the feed at 20 microns. The autoclave is
designed for 50 minutes residence time targeting 98% oxidation
however these targets vary with feed from Macraes and Reefton
to optimise CIL recoveries.
OceanaGold currently operates two processing plants in New

Zealand. At Macraes, the processing plant is situated within short
distance of the open pit and includes a pressure oxidation plant for
the processing of sulphide ore.
The Macraes process plant is capable of treating approximately
6 million tonnes of ore per annum which is put through crushing,
grinding, flotation, fine grinding, pressure oxidation, carbon in
leach (CIL), elution, electro winning and smelting. Refractory ore
requires multistage processing to increase recoveries. Since 2007,
flotation concentrate from the Reefton mine has been transported
by rail and road to Macraes to utilise surplus autoclave capacity.
Flotation recovery is approximately 88%, CIL recovery

is around 93-95% with an overall recovery greater than 81%
achieved over the last four years. Overall recovery improvement
has been achieved through optimising autoclave oxidation rates
and the passivation of preg-robbing species in the concentrate
to produce better CIL recoveries.
At the second processing plant in Reefton, the ore is put through

crushing, grinding, flotation and concentrate dewatering. The
processing plant is operating well above its name plate capacity
of 1 million tonnes per annum with average throughput over the
last three years of approximately 1.6 million tonnes per annum.
The end product is a bar of dor bullion which is approximately

90% pure weighing 18-20 kilograms and containing around 600
gold ounces. The dor bars are sold and transported to the Perth
(Australia) Mint for further refinement.
At Macraes, the Ball Mill Work Index is 12.5 kilowatt hours per
tonne (kWh/t). At Reefton, the Crushing Work Index averages
11.6 kWh/t and the Ball Mill Work Index is 17.0 kWh/t.
Routine maintenance is carried out at the process plants to

ensure optimal throughput and efficiency. Sections of the plant
are shutdown at different frequencies and duration to allow
maintenance to be conducted. As a result, plant utilisation is
approximately 95% of the year.
Refractory gold concentrate produced from the Reefton

processing plant is transported 600 kilometres by road, rail, and
then road again to Macraes for treatment through the autoclave
pressure oxidation and carbon in cyanide leaching to release the
gold. Without this technology it would be hard to realise the value
as direct leaching of refractory concentrate to obtain gold results
in very poor recoveries.
Processing costs for Macraes Open Pit and Frasers Underground

are approximately US$9.00 to US$10.00 per tonne of ore milled.
Reefton processing costs are approximately US$13.00 to US$14.00
per tonne ore milled and include transportation costs of
approximately US$13.00 per ounce and Macraes processing
charges. Macraes processes on average 50,000 tonnes of Reefton
concentrate annually.
Recleaners 6x16 m3
Run-ofMine
Ore
ROM
Bin
Emergency
Feed
Grizzly
Cleaners
4x38 m3
Cyclones
Scats
Ball Mills
Jaw
Crusher
Run-ofMine
Ore
SAG
Mill 01
CleanerScavengers
3
5x38 m
Unit Cells and

Cleaners
Mill 02
ROM
Bin
15m Con
Wash
Thickener
Limestone
Mill 350
Regrind
Mill
Jaw
Autoclave
Discharge Wash
Thickeners
Rougher/scavengers
3 X 300 m3 and 2 X 150 m3
Vent
Scrubber
Flash
Vessel
Campaign
Treatment
Wash
Water
Mill 500
Macraes
Con
Storage
Autoclave
Discharge Wash
Solution
Eluate
Regen
Elution Kiln
Column
Barren
Carbon
Loaded
Carbon
From Reefton
Repulp
Isamill
Reefton Con
Storage
CIL 1
Storage Bin
Inco
Cyanide
Kill Unit
CIL
Tail
CIL 2
CIL 3
CIL 4
CIL 5
Float
Tail
CIL 6
Tk-09
Gold Bullion
Barring
Furnace
Electrowinning
Cells
Float
Tails
Mixed Tails
Dam
Flow diagram for Macraes

processing plant
El Dorado Project:
El Salvador
Republic of El Salvador1
Capital:
San Salvador
Population:
6.1 million
Currency:
US dollars
GDP:
US$47 billion
Language:
Spanish
Unemployment rate:
6.9%
El Dorado Project, El Salvador

OceanaGold acquired 100% of the advanced stage El Dorado Project
in November 2013 through the acquisition of Pacific Rim Mining
Corp. The project is located approximately 74 kilometres north
east of the capital San Salvador (accessed by paved road)
and 10 kilometres southwest of the town of Sensuntepeque.
The El Dorado Project area covers 14,407 hectares of exploration
licences and 1,275 hectares under an exploitation licence
application and contains several prospects and deposits. The
acquisition of the El Dorado Project aligns well with OceanaGolds
strategy to invest in high quality, low cost opportunities and utilise
its proven mine developing capabilities and experience to advance
the El Dorado Project. Permit applications for the El Dorado
Project are currently outstanding.2
Ore Body
The El Dorado licence area contains a number of mineralised
quartz-carbonate vein systems that were formed as a result
of near-surface hydrothermal activity. They are found in three
districts, north, central and south, that are distinguished from
each other by the dominant vein orientations and the level of the
hydrothermal system that is exposed on the present-day surface.
The gold and silver-rich veins, which typically contain less than
2% sulphides, have complex, multistage histories of formation.
Mining in El Salvador
The current Mining Law was enacted in 1996 and last amended
in 2001. The Government owns all mineral rights and mining
laws do not discriminate between nationals and foreigners.
The Environmental Impact Study permit is issued by the Ministry
of Natural Resources and Environment, and is a prerequisite for
the Exploitation Concession permit which is issued by the Ministry
of Economy. The Exploitation Concession permit holder must
commence development activities within 12 months of the
permit grant.
Community Programs
The Company conducts various programs for the local
communities in El Salvador. The current programs include English
and computer classes for children and adults and vocational skills
training. A reforestation campaign involves field workers collecting
local seeds for the nursery with over 3,500 trees planted each
year. Over 70,000 trees have been planted in the last 20 years.
The Company will continue these programs in 2014 and enhance
its engagement with the local community.
El Dorado Project,
El Salvador, community tree
planting program
The dimensions of mineralised veins are as varied as their exploration

status, ranging from those known only in single outcrops to those
that have been traced on the surface over lengths of between one
and two kilometres. Systems of related veins are up to three
kilometres long. In those veins that have been mined or extensively
drilled, mineralisation has developed with vertical extents of
approximately 500 metres. While broadly extensive and
continuous, the veins can be geometrically complex at the mining
scale. Geological detailed mapping has been completed over the
entire project.
Resources
1.60
1. Source: The World Factbook, CIA
2. In 2009, Pacific Rim filed an arbitration claim with the International Centre for the
Settlement of Investment Disputes, seeking monetary compensation under the
Investment Law of El Salvador. This followed the passive refusal of the Government
of El Salvador to issue a decision on Pacific Rims application for environmental and
mining permits for the El Dorado Project. As a result of the on-going arbitration
action, the Company has not had the ability to confirm or renew any Salvadoran
exploration licences. Please refer to Other Projects, Risk Factors and Legal
Proceedings sections of the Companys Annual Information Form dated March 31,
2014 for further information. The Company will continue to provide material updates
on its website.
Operations

Moz Gold
11.38

Moz Silver
25
Resource Development
OceanaGolds resource development strategy is focused on

discovery that has potential to extend the mine life at its
operations.
In 2013, the Company invested US$6.7 million (2012 US$14.9
million) with the majority incurred in New Zealand. OceanaGold
plans to invest a total of US$5 - US$10 million on resource
development activities in 2014 in the Philippines and maintenance
of the El Salvador exploration assets.
Philippines
Exploration in the Philippines focused on delineating potential
copper and gold drill targets within the Financial or Technical
Assistance Agreement (FTAA) area and adjacent OceanaGold
controlled explorations permits.
The exploration activities are focused on identifying drilling
targets within the broader FTAA area and on drilling near mine.
The Company also conducted additional drilling of the Didipio
ore body to better define the high grade zones.
In 2014, the Company plans to drill the near mine prospect of
San Pedro and the broader FTAA area should the renewal of the
FTAA exploration permits be granted.
Drilling at San Pedro prospect, 1.4 kilometres northwest of
Didipio, will test for a porphyry copper-gold target beneath areas
of extensive alluvial mine workings. Other areas of interest that
can be tested by drilling when the FTAA exploration permit is
granted include Mogambos, Papaya, and DFox prospects.
New Zealand
Macraes
The Macraes mineral permits cover 35 kilometres of strike length
of the gold mineralised Hyde-Macraes Shear Zone (HMSZ). During
2013 a successful application was made to NZPAM1 to extend the
Mining Permit 41-064 over the Coronation deposit to enable
mining in 2016. A geological review was also undertaken of
prospective areas adjacent to OceanaGolds current permit
holding. This resulted in a prospecting permit application over the
historic Lots Wife workings, located nine kilometres to the south
east of the plant, which has the potential to host shallow open
pitiable resources.
In 2013 the resource development drilling program consisted of
109 holes comprising 6,678 metres of reverse circulation drilling
and 3,472 metres of diamond drilling spread across four prospects
(Coronation, Deepdell, Frasers Open Pit and Frasers Underground).
Following completion of the drilling, the resource estimates for
the respective prospects were updated and resulted in modest
resource increases for Coronation, Deepdell and Frasers
Underground.
In 2014 surface exploration will focus on reviewing current

resource estimates in conjunction with optimisation studies to
determine the most effective places to drill in order to continue
the process of converting resources to reserves. Resource
development drilling in the Frasers Underground will continue
on an intermittent basis as and when drilling platforms become
available.
Historically at Macraes the Round Hill and Golden Point prospects
were mined on an intermittent basis until 1953 for gold and
tungsten. In the early 1980s these areas were initially being
explored by Homestake and BP Minerals (NZ) Ltd for the tungsten
potential. The change to gold exploration was triggered by the
rapid rise of the gold price in the mid 1980s. In recent years the
price of tungsten has increased significantly and as a result
OceanaGold, in 2013 commenced a program of re-assaying assay
pulps derived from the 25 years of drilling at Macraes. This work
will continue in 2014 leading to an updated gold and tungsten
resource estimate for Round Hill, a pre-feasibility study on the
commercial production of a tungsten concentrate and an initial
assessment of other prospects tungsten potential in the HMSZ.
Reefton
In 2013, resource development at Reefton focused on greenfields
and brownfields drilling with programs near the historic
Blackwater Mine and the Globe Progress Mine. A total of 18
diamond drill holes for 3,701 metres were completed.
The deep-drilling program at Blackwater to test the continuity
of mineralisation below the historic workings and to delineate
an inferred resource of approximately 500,000 ounces, was
completed in January 2013. The deep-drilling program and
subsequent historical data reviews resulted in an increase in the
Blackwater Inferred resource by 0.25 Moz to 0.9Mt @ 23 g/t Au
for 0.7 Moz of gold. The Blackwater technical study investigating
re-opening the mine is near completion with a decision expected in
the first half of 2014.
In 2014, resource development activities at Reefton will focus
on consolidating the understanding of the Reefton Goldfield
though analysis of recently collected data and historical
information. Additionally, various mapping and sampling programs
will be undertaken with an objective of identifying new targets
for follow-up.
1. NZPAM = New Zealand Petroleum and Minerals (the government organisation

charged with managing the New Zealand mineral permits regime)
Reserves & Resources
Mineral Reserves
As OceanaGolds main listing is on the Toronto Stock Exchange,

the Company adopts the Canadian Institute of Mining NI 43-101
listing requirement of publishing its resource inventory.
As at 31 December 2013, OceanaGold had a total Measured and

Indicated Mineral Resources of 8.34 million ounces of gold, 9.48
million ounces of silver and 260,000 tonnes of copper. This
includes Mineral Reserves of 3.14 million ounces of gold and
210,000 tonnes of copper. The tables below summarise the
Companys Mineral Resource and Mineral Reserve inventories as
at December 31, 2013. The Mineral Resources stated include the
Mineral Reserves. Please refer to www.oceanagold.com for full
Reserves and Resource statement.
4
3
2
1
DEC 2012
DEC 2013
DEC 2011
DEC 2010
DEC 2008
0
DEC 2009
GOLD AND GOLD EQUIVALENT Moz
Resource Statement as at December 31, 2013

Resource
Measured
Area
Mt
Au g/t
Au
Moz
Macraes Total
31.7
1.24
Reefton Total
2.0
1.70
Didipio Total2
18.0
1.26
0.73
El Dorado Total3
0.8
11.30
0.28
Total Resource
52.4
1.41
2.38
Ag g/t
Mt
Au g/t
1.26
85.6
1.00
2.75
0.11
13.5
1.46
0.63
Ag
Moz
Cu % Cu Mt
Resource
4.0
1.77
0.23
0.96
1.33
1.90
3.5
9.00
1.01
1.90
0.09 149.7 1.24
5.96
0.51
0.09
Measured & Indicated
Area
Mt
Au g/t
Au
Moz
Macraes Total
117.3
1.06
Reefton Total
15.5
1.50
Au g/t
Au
Moz
4.01
65.0
1.0
2.1
0.74
7.8
3.7
0.9
Sams Creek
4.0
1.77
0.23
61.0
1.05
2.06
El Dorado Total3
4.3
9.42
1.30
202.1 1.28
8.34
Total Resource
Ag
Moz
Cu % Cu Mt
0.42
69.0
Ag g/t
Ag
Moz
67.5
7.58
Cu % Cu Mt
0.39
7.58
0.17
0.17
Inferred Resource
Mt
Didipio Total2
Ag g/t
Au
Moz
43.0
Sams Creek1
75.7
ote: all resources are inclusive of

N
reserves.
Indicated
0.26
9.48
9.48
0.26
4.2
1.3
0.2
14.7
0.6
0.3
0.8
9.4
0.3
92.4
1.3
3.7
Ag g/t
Ag
Moz
71
1.9
Cu % Cu Mt
0.2
1.9
0.03
0.03
1. OceanaGold retains a 40% interest

in the Sams Creek project in the South
Island of New Zealand. The project
contains a total of 10.1 Mt @ 1.77 g/t
Au for 575 koz Indicated resource, as
well as 10 Mt @ 1.3 g/t Au for 440
koz of Inferred resource. 40% of the
total Sams Creek inventory has been
included in OceanaGolds resource
table. The project is not considered
material to OceanaGold at this time.
2. 0.47 g/t EqAu cut-off above the
2,390mRL and 1.5 g/t cut-off below
the 2,390mRL. No resource reported
below 2,180mRL. EqAu cut-off is gold
equivalent based on US$1,450/oz gold
and US$3.0/lb copper.
3. The El Dorado Project is not
considered material at this time.
Please refer to www.oceanagold.com
for the press release dated October 8,
2013 for more details on the status of
the permit applications and arbitration
for the El Dorado Project as at the end
of 2013. El Dorado resource cut-offs
are based on 2008 assumptions of
US$980/oz gold and US$20/oz silver.
or Macraes and Reefton (which have
F
shorter projected mine lives than
Didipio) resource cut-offs are based
on US$1,250/oz gold.
Reserve Statement as at December 31, 2013

Reserve
Area
Proven
Au
Moz
Probable
Mt
Au g/t
Macraes
21.2
1.00
0.68
20.8
1.01
Reefton
0.9
1.53
0.04
3.3
1.40
Didipio
16.7
1.23
0.66
Total
38.8
1.11
1.38
Operations
Cu % Cu Mt
0.52
Mt
Au g/t
Au
Moz
Total Reserve
Mt
Au g/t
0.68
42.0
1.00
1.35
0.15
4.2
1.43
0.19
0.09
29.0
1.00
0.93
0.09
53.2
1.03
1.76
Cu % Cu Mt
0.42
Au
Moz
0.12
45.6
1.09
1.59
0.12
91.9
1.06
3.14
Cu % Cu Mt
0.46
0.21
Figures are in-situ delivered to ROM.

Macraes and Reefton cut-offs are
based on US$1,250/oz gold (0.4 g/t
Au for Macraes Open Pit, 0.5 g/t Au
for Reefton and 2.1 g/t Au cut-off
for Frasers Underground). Didipio
cut-offs are Net Metal Value based,
using US$1,250/oz gold and US$3.25/lb
copper (0.55 g/t AuEq for open pit and
1.9 g/t AuEq for underground).
0.21
27
Sustainability
As the Companys transformation into a mid-tier, multinational

gold producer continued in 2013, we worked hard to deliver
positive results across our business and looked for opportunities
to further improve upon our social licence to operate.
Our sustainability programs are designed to meet the growing
needs of our valued stakeholders. Their involvement in our
activities and satisfaction with what we do is the cornerstone of
our success and development. We have a staunch commitment to
making sure our operations enrich, empower and improve the lives
of our stakeholders, by creating a positive, long-lasting legacy that
respects human rights and delivers enduring benefits and
opportunities beyond the life cycle of our operations.
With over 23 plus years of operating sustainably in New Zealand
and more recently in the Philippines, the Company expanded its
footprint into the Americas in El Salvador. As we continue to grow,
our ability to advance sustainability programs and deliver
economic benefit grows too. Didipio has demonstrated this, where
the direct and indirect benefits it contributes to the Philippine
economy has made it a significant economic driver in the region.
Macraes Goldfield, New Zealand,

water quality sampling at Lone
Pine water storage dam
Our vision underpins our projects and programs, ensuring we never

take for granted the importance of our social licence or lose sight
of the fact that sustainable development is an ongoing journey
requiring continued review and improvement and close
collaboration with our stakeholders.
As a growing, multinational company that is seeking to be the
partner, employer and gold company of choice, we have a
responsibility to set the bar high, to lead by example and pursue
best practice sustainable development across our business where
possible. The key to our vision is our core corporate values of
respect, integrity, teamwork, innovation, action and accountability
and is executed by our strong, diverse workforce.
2013 Sustainability Highlights
> Developed a new set of corporate sustainability

performance targets
> Established a Sustainability Steering Committee to drive
sustainable development programs including full adoption
of the Equator Principles by the end of 2014
> Awarded Most Environment Compliant industry by
Philippines Department of Environment and Natural Resources
> Increased water recycled across all operations
> Reduced waste to landfill across all operations
> Over 98% Filipino workforce at the Didipio operations,
including over 50% from the local communities
> Used 100% Philippines and 80% New Zealand based
contractors
> Worked 8.8 million man hours at Didipio with no
Lost Time Injury
> Reduced total company LTIFR (Lost Time Injury
Frequency Rate) to 1.0 from 1.76 in previous year
> Increased the female proportion of the total workforce
to 18% from 13% in 2013
Didipio Mine, Philippines, water quality

monitoring upstream of Didipio
Operations
29
Reefton process plant, New Zealand;

feed hopper and conveyor, primary
crusher, conveyor through to grinding
mill, flash flotation circuit (foreground)
and final ore concentrate storage
hopper (middle background)
Financials and
Investor Information
Focused on
profitability
Section title
31
Five Year Financial Summary
Statement of Operations US$

Year Ended 31 December
Gold sales
Cost of sales, excluding depreciation and amortisation
General & administration
Foreign currency exchange gain/(loss)
2013
$000
2012
$000
2011
$000
2010
$000
2009
$000
553,612
385,448
395,609
305,638
237,057
(260,651)
(226,039)
(216,789)
(150,697)
(121,310)
(28,423)
(14,911)
(14,537)
(13,805)
(9,179)
1,267
(961)
320
(961)
(24)
(3,445)
1,095
(680)
(660)
(366)
262,360
144,632
163,923
139,515
106,178
(129,315)
(91,376)
(85,822)
(69,337)
(66,181)
Net interest expense and finance costs
(26,978)
(21,510)
(12,909)
(14,780)
(14,389)
Earnings/(loss) before income tax
106,067
31,746
65,192
55,398
25,608
Tax (expense) on earnings/loss
(13,290)
(11,426)
(21,025)
(22,638)
(11,865)
92,777
20,320
44,167
32,760
13,743
(193,300)
Gain/(loss) on fair value of undesignated hedges
(2,083)
503
16,215
58,241
Tax (expense) / benefit on gain/loss on undesignated hedges

and impairment charge
54,749
(151)
(4,540)
(17,472)
(47,857)
20,672
44,167
44,435
54,512
Basic earnings/(loss) per share
$(0.16)
$0.08
$0.17
$0.20
$0.32
Diluted earnings/(loss) per share
$(0.16)
$0.08
$0.17
$0.20
$0.29
Weighted average no. of shares for diluted EPS (000)
298,908
296,250
307,023
270,999
214,192
Cash flows from Operating Activities
159,429
115,253
154,555
52,260
94,183
Cash flows from Investing Activities
(158,812)
(294,548)
(146,595)
(107,809)
(71,013)
Cash flows from Financing Activities
(83,190)
108,919
(16,110)
186,798
2,933
2013
2012
2011
2010
2009
24,788
96,502
169,989
181,328
42,423
Other Current Assets
126,400
89,276
56,491
47,320
30,032
Non Current Assets
745,368
845,878
591,155
477,568
433,541
Total Assets
896,826
1,031,656
817,635
706,216
505,996
Current Liabilities
129,478
199,413
123,623
63,091
185,061
Non Current Liabilities
175,618
222,383
215,772
209,984
138,656
Total Liabilities
305,096
421,796
339,395
273,075
323,717
Total Shareholders Equity
591,730
609,860
478,240
433,141
182,279
Other income/(expense)
EBITDA1
Depreciation and amortisation
Earnings/(loss) after income tax
Impairment charge
Net profit/(loss)
Net Earnings per Share US$
Cash Flows
Balance Sheet as at 31 December

Cash and Cash Equivalents
OceanaGolds financial year end is 31 December and the Companys financial information is presented in United States dollars (US$), unless otherwise stated.
1. Excluding gain / (loss) on undesignated hedges and impairment charge
Operating Costs
OceanaGolds operating cash cost per ounce of gold sold

decreased significantly from US$940 in 2012 to US$426 per ounce
net of by-product credits in 2013 reflecting the commencement
of commercial production of the Didipio Mine on April 1, 2013.
All-In Sustaining Costs (AISC) (per the World Gold Council
methodology) for 2013 were US$868 per ounce of gold sold.
Didipio cash costs over the life of mine after copper by-product
credits are expected to be significantly lower than OceanaGolds
New Zealand operations. Prior to commercial production,
operating costs net of any revenue received at the Didipio Mine
were capitalised to the balance sheet and will be amortised
against future production which will be reflected in the income
statement.
At Didipio, electricity is currently being sourced from diesel
powered generators and represents a high proportion of operating
costs at approximately US$0.28 per kilowatt hour. OceanaGold is
currently reviewing possible connectivity to the power grid which
is expected to reduce power (diesel) costs. In New Zealand,
electricity is sourced from the electricity transmission network
grid of which approximately 75% is derived from renewable
(mainly hydro, also geothermal and wind) sources. Power prices
excluding line and network charges average approximately
NZD2-15c per kilowatt hour.
As OceanaGold reports its financial results in United States
Dollars (USD), the foreign exchange rate used for translation
may have a material impact on the reported costs. Cash spent
on pre-stripping is capitalised in the balance sheet and amortised
against future production in the profit and loss statement.
2013 Gross Operating Cost Split of

Didipio Operations (USD)*
3
2
Royalties
In New Zealand (for Macraes and Reefton), royalties to a maximum
of 1% ad valorem or 5% of accounting profits, whichever is greater,
are payable to the Crown annually. At Macraes, OceanaGold pays a
5% gross smelter royalty to O.W. Hopgood for gold production
from a former permit area held by O.W. Hopgood over Round Hill.
Most of the Reefton Project permits are also subject to a royalty
agreement with Royalco Resources Limited (Royalco).
For the Reefton mine, a royalty based on the NZD gold price applied
until the mine produced 400,000 ounces, a milestone the Company
achieved in third quarter 2012. Production from other resources in
the Reefton Project attracts an annual royalty of between 1% and
3% of gold produced according to the gold price at the time the
royalty is due. The royalty reverts to 1.5% of annual gold production
from all of the Reefton Project permits once an aggregate of
1,000,000 ounces of gold is produced. Based on the current
forecast mining schedule, this royalty will not be applicable.
In 2013, royalties represented less than 1% of New Zealand gold
sales. Going forward royalties for the New Zealand operations are
expected to be lower.
In the Philippines the local claim owner syndicate is entitled to a
2% net smelter return (NSR) royalty on production. An additional
royalty of 0.6% of 92% NSR (capped at a total of A$13.5 million)
is payable to a third party.
Royalties are included in the reported cash cost amounts.
2013 Gross Operating Cost Split of

New Zealand Operations (NZD)
1 Contractors 31%
2 Diesel 21%
3 Selling costs 21%
(including treatment
and refining charges)
4 Employees & other
labour costs 8%
5 Royalties 5%
6 Drill & blast 4%
7 Maintenance 4%
8 Other 5%
8 9
1
6
5
1 Maintenance 27%
2 Employees & other
labour costs 24%
3 Diesel 14%
4 Consumables, chemicals
& grinding media 11%
5 Electricity 7%
6 Contractors 6%
7 Drill & blast 5%
8 Other 5%
9 Royalties 1%

* Didipio commenced commercial production on April 1, 2013 and the statistics represent
the nine months of commercial operations only in 2013 and excludes by-product credits.
Financial and Investor Information
33
Capital Expenditure & Liquidity
Capital Expenditure
In 2013, OceanaGold invested US$159 million on capital
expenditure which included US$30 million capitalised development
and operating costs of the Didipio Mine prior to commercial
production on April 1, 2013 and approximately US$7 million on
exploration. In New Zealand, the Company spent US$71 million
on pre-stripping and underground development, US$19 million
on sustaining and rehabilitation and US$10 million on the Macraes
tailing storage facility upgrade. In the Philippines, the Company
also spent US$6 million on the additional tailings storage facility
lifts, US$10 million on various projects and infrastructure
including the water treatment plant and purchase of trucks
for concentrate transportation and $6 million on pre-stripping.
Capital expenditure in New Zealand consists of sustaining
and rehabilitation, and pre-stripping spend. In 2014, capital
expenditure for New Zealand is forecast to be US$50 to US$60
million of which US$35 to US$40 million is planned to be spent on
pre-stripping mainly at Reefton Goldfield and Frasers Underground
development and US$10 to US$15 million allocated to sustaining
and rehabilitation.
Macraes Goldfield, New Zealand,

start of shift for mining fleet
In the Philippines, sustaining and rehabilitation expenditure for

the Didipio Mine is forecast at US$10 million to US$15 million per
annum average over the life of the mine and in 2014 includes the
costs to ramp up the process plant to throughput rate of 3.5Mtpa.
Additional lifts for the tailings storage facility will require
approximately US$5 to US$10 million per annum for the next four
years and the Company is forecast to spend approximately US$15
million on pre-stripping in 2014.
Liquidity
In August 2012, OceanaGold announced the signing of US$225
million term and revolving credit facilities with a multinational
banking syndicate. The funds have been used to repay the
convertible notes which matured in December 2012 and 2013
and working capital purposes. The facilities have common terms
and conditions and mature on 30 June 2015. Interest on these
facilities is based on floating US$ LIBOR plus a margin. As at
31 December 2013 available undrawn facilities were US$30
million and cash on hand was US$25 million.
Share Information
Share price performance

OceanaGolds market capitalisation as at 31 March 2014 was
US$634 million.
Shareholders by Region December 2013
2013 was a volatile year for the gold price which peaked at
US$1,692 per ounce in January and fell to US$1,188 per ounce
in December, averaging US$1,411 per ounce and closing at
US$1,201 per ounce, down 28% for the year.
Following the fall in the spot gold price, 2013 was also a
disappointing year for gold equities in general. The Market
Vectors Junior Gold Miners ETF posted a total return of negative
61%. OceanaGold shares declined by 42%, however this
performance was relatively better than most of the Companys
peers. During 2013 the average daily trading volume was
approximately 2.1m shares across all three exchanges combined.
2
5
1

2
3
4
5
Australia &
New Zealand 27%
North America 52%
Europe (incl. UK) 18%
Asia 2%
ROW 1%
Jun 13
Distribution of shareholdings
Since listing in on the Toronto stock exchange in 2007,
OceanaGold has developed a broad international base of
shareholders. Institutional shareholding represents 75%
of issued shares.
Apr 13
OceanaGold is listed on the Toronto, Australian and New Zealand

stock exchanges under code OGC. As the Companys primary
listing is in Toronto, the Company is governed by the requirements
of the Toronto Stock Exchange listing rules. OGC shares are fully
fungible between the three exchanges.
4
3
Analyst Coverage:
OceanaGold is currently covered by 13 brokers in Canada, Australia
and New Zealand who regularly publish reports on the Company.
Details of the analyst coverage can be found on the Companys
website.
OceanaGolds longer term relative share price performance against
the spot gold price and Market Vectors Junior Gold Index
240
220
200
180
160
140
120
100
80
60
40
OGC
Gold Spot US$
Feb 14
Dec 13
Oct 13
Aug 13
Feb 13
Dec 12
Oct 12
Aug 12
Jun 12
Apr 12
Feb 12
Dec 11
Oct 11
Aug 11
Jun 11
Apr 11
Feb 11
Dec 10
Oct 10
Aug 10
Jun 10
Apr 10
Feb 10
Dec 09
20
GDXJ Market Vectors Junior Gold Miners Index

35
Our Team
James E. Askew
Michael F. Wilkes
J. Denham Shale
Jacob Klein
William H. Myckatyn
Dr Geoffrey W. Raby
Mark Chamberlain
Mark Cadzow
Michael Holmes
Yuwen Ma
Liang Tang
Jose P. Leviste, Jr.
Darren Klinck
Board of Directors
ames (Jim) E. Askew
J
Chairman of the Board of Directors
(appointed March 2007)
> Mining engineer with over 35 years
experience
> Director and/or Chief Executive Officer
for a wide range of Australian and
international publicly listed mining,
mining finance and other mining related
companies
> Current board memberships:
Evolution Mining Limited and Asian
Mineral Resources Limited
ichael (Mick) F. Wilkes
M
Managing Director and Chief Executive
Officer (appointed April 2011)
> Mining engineer with approximately
30 years industry experience with
precious and base metals
> Developed major projects in Australia
and SE Asia including Oz Minerals
Limited Prominent Hill copper-gold
project and Sepon gold-copper project
for Oxiana Limited in Laos
> Previously held senior mining roles
in Papua New Guinea
. Denham Shale
J
Lead Director (appointed March 2007)
> Lawyer in practice in Auckland
> Director of listed companies for
over 25 years and President and
an Accredited Fellow of the Institute
of Directors in New Zealand (Inc)
> Currently Chairman of Farmers Trading
Company Limited and a director of New
Zealand listed Turners Auctions Limited
and several private companies
ose (Joey) P. Leviste, Jr.
J
Non Executive Director
(appointed December 2007)
> Current Chairman of OceanaGolds
wholly-owned subsidiary company in the
Philippines, OceanaGold (Philippines), Inc.
> Philippine Resident Representative of the
Australia-Philippine Business Council
> Appointed by President of the Philippines
as private sector member of Governing
Council of the Philippine Council for
Agriculture, Aquatic and Natural
Resource
Jacob Klein
(appointed December 2009)
> Executive Chairman of Evolution Mining
Limited and a non executive director of
Lynas Corporation Ltd
> Former President and CEO of Sino
Gold Mining Limited, a company he
helped found in 2000
> Past president of the NSW Branch of the
Australia China Business Council
illiam (Bill) H. Myckatyn,
W
(appointed April 2010)
> Professional mining engineer with over
40 years experience in mine development
and operations
> Former Chairman of Quadra FNX Mining
Ltd., until its takeover in 2012, an
intermediate copper and gold producer
and a company he co-founded as CEO
in 2002
> Currently on the Board of Directors for
Delta Gold Corporation, First Point
Minerals and San Marco Resources
r Geoffrey W. Raby
D
(appointed August 2011)
> Formerly Australias Ambassador
to the Peoples Republic of China from
2007 to 2011
> Previously a Deputy Secretary in the
Department of Foreign Affairs and Trade
> Chairman of SmartTrans Holdings Ltd and
non executive director of Fortescue Metals
Group Ltd and Yancoal Australia Ltd
Management
Mark Chamberlain
Chief Financial Officer
> Over 30 years financial experience
> Capital markets and financial and risk
management expertise
> 20 years industry experience including
senior finance roles at Newcrest Mining
and Western Mining Corporation

Mark Cadzow
Chief Development Officer
> Metallurgist with over 30 years industry
experience in mineral processing,
precious metals, and sulphide minerals
> Involved in development of patented
processes for the recovery of gold and
other minerals
> Joined predecessor company in 1991 and
has held various technical and operations
responsibilities
Michael Holmes
Chief Operating Officer
> Mining engineer with over 25 years
experience
> Broad operational experience in
underground and open pit gold, copper
and other metals
> Industry experience includes
General Manager roles at Xstrata Copper
Minera Alumbrera in Argentina and
Mount Isa Copper Operations in
Australia
Darren Klinck
Head of Business Development
> International capital markets experience
in metals and mining
> Appointed VP Investor Relations
in 2007 and current role in 2011
> Responsible for identifying and
evaluating external growth opportunities
and capital markets interface
Yuwen Ma
Head of Human Resources
> Over 20 years Human Resources
experience
> Industry experience includes Eldorado
Gold and Sino Gold Mining Limited
> Significant Asian experience with
multinational corporations
Liang Tang
Company Secretary and
Corporate Counsel
> Practising lawyer with broad range
of legal and corporate experience in
the gold mining sector
> Responsible for legal affairs, compliance
and corporate governance
> Holds Bachelor of Commerce and
Bachelor of Laws
37
Glossary
Ag: Chemical symbol for silver

Agitator: Mechanical stirrer or shaker
All-In Sustaining Costs: World Gold Council non
GAAP measure intended to provide further
transparency into the costs associated with
producing gold which incorporates costs related to
sustaining production
Alluvium: Sedimentary material associated
with river deposition
Assay: Chemical analysis on a sample to determine
the concentration of valuable metals
Au: Chemical symbol for gold
Autoclave: Pressure vessel used to treat
refractory ore
ASX: Australian Stock Exchange
Backfill: Waste material used to fill voids
or pits created by mining
Ball Mill: Steel cylinder filled with steel balls into
which crushed ore is fed. The ball mill is rotated,
causing the balls to cascade and grind the ore
Dor: Final saleable product from a gold mine

mainly gold and some silver, ready for further
refinement
Outcrop: Rock exposure at surface
Drilling: Refer to Reverse Circulation

and Diamond Drilling
PEA: Preliminary Economic Assessment
EBITDA: Earnings Before Interest, Tax,

Depreciation and Amortisation
Flotation: Milling process using reagents in which
valuable metal attaches to the bubbles and floats
as the waste sinks
FTAA: Financial or Technical Assistance Agreement
(Minerals agreement entered into with Philippine
Government)
GAAP: Generally Accepted Accounting Practices
Geochemistry: Study of the chemical properties
of rocks
Geology: Study of the Earth and materials of which
it is made (rocks)
Geophysics: Study of physical properties of rock
and minerals
Barangay: Administration division of Philippines,

a village, district or ward
Gold: Dense, soft, shiny, malleable and ductile metal
By-product credit: Accounting treatment to record

proceeds from sales of other commodities against
cost of goods sold rather than revenue
Grade: Concentration of valuable mineral in a body

of rock, normally expressed as grams per tonne or
a percentage
Bullion: Metal formed into bars or ingots
g/t: Grams per tonne (32.103 grams = 1 troy ounce)
Breccia: Intensely fractured rock resulting in a

finely pulverised matrix supporting larger remnant
rock fragments
Hedge: A transaction entered into to offset

the adverse price movements of an asset
Cash Cost: Cost of production per unit sold,

typically excluding capitalised expenditure. Costs
include; mining, processing, transport, royalties
and related administration
Jaw crusher: Machine for crushing rock or ore

between two heavy steel jaws
Cash Operating Margin: Average gold price

received less average cash cost per ounce of
gold sold
CDI: CHESS Depository Interests are shares
held by non-registered shareholders in Australia,
units of beneficial ownership on the underlying
common shares which are registered in the name
of CDN
CDN: CHESS Depository Nominees clearing
agency in Australia
Carbon in Leach: Method of gold recovery where
activated carbon is used to retrieve gold from the
leach solution
Chalcopyrite: Sulphide mineral of copper and iron
Copper: Ductile, easily worked metal, a very good
conductor of heat and electricity and is used
especially for electrical wiring
Cu: Chemical symbol for copper
Diamond drilling: Diamond-studded drill bits are
used to recover intact cylindrical cores of rock,
allowing detailed examination of the rock type
as well the orientations of geological structures
DCDAI: Didipio Community Development
Association Inc (Philippines)
Gold Price: Spot gold per troy ounce quoted in USD
IFRS: International Financial Reporting Standards
JORC: Joint Ore Reserves Committee (Australian

and New Zealand standard) of the AusIMM
Kasibu: Municipality of the Nueva Vizcaya province
in the Philippines
Life of Mine: The time in which the ore reserves,
or such reasonable extension of the ore reserves
as conservative geological analysis may justify,
will be extracted
Luzon: The largest island of the Philippines
and includes the capital of Manila
MGB: Mines & Geosciences Bureau (Philippines)
Mill Feed: Amount of ore in tonnage processed
Milling: Grinding rock to powder
NI 43-101: National Instrument Standards of
Disclosure of Mineral Projects (Canadian Institute
of Mining)
Net Smelter Return (NSR): Gross income from
the sale of copper and gold less treatment charges,
refining charges, metal losses, sea freight, marketing
and insurance costs
NZX: New Zealand Stock Exchange
Open pit mining: A mine on the surface (also known
as open cast and open cut)
Decline: Ramp entry into underground mine
Ore: Naturally occurring mineral or rock from

which a valuable mineral or metal can be extracted
at a profit
DENR: Department of Environment and

Natural Resources (Philippines)
Ore body: Continuous mass or close grouping

of masses of ore
Deposit: Rock containing minerals or metals

through natural processes
Ore grade: Concentration of metal or valuable

mineral in the ore deposit
Oxidation: Chemical reaction from the interaction

with oxygen
Placer mining: Extraction of minerals using water
and gravity
Porphyry: Igneous rock consisting of large
crystals dispersed in a fine-grade groundmass
Pre-Strip: Removal of waste rock overlying an
ore body in preparation of open pit mining
Recovery: Percentage gold recovered from mill feed
Reef: An ore body containing gold, usually thin and
tabular
Refractory ore: Ore that requires additional
processing, such as intensive particle size reduction
or chemical treatment to liberate the commodity
of interest
Reserves: Mineral resources that are economically
and technically feasible to extract
Resources: A concentration or occurrence of
minerals for which there are reasonable prospects
for eventual economic extraction
Reverse Circulation (RC) drilling: RC drilling
breaks up the rock into fragments. Water or other
fluid mixtures flush the fragments to surface for
sampling
ROM: Run of Mine
SAG Mill: Semi-autogenous grinding employs
coarse ore as the grinding medium in addition
to steel balls to maintain the grinding rate
SEDAR: Provides access to most public securities
documents and information filed by public
companies and investment funds with the Canadian
Securities Administrators (CSA) in the SEDAR filing
system
Shear zone: A zone of intensely deformed rocks
Scheelite: Calcium tungsten mineral
Shaft: Entry into underground mine with vertical
excavations sunk adjacent to an ore body
Strike: The direction of the line of intersection
of a plane (eg foliation, bedding or vein) with the
horizontal plane. The strike of a bed is the direction
of a straight line that connects two points of equal
elevation on the bed
Strip Ratio: Ratio of waste material to tonnes
of ore in an open pit mine
Tailings: Rejected material from the process mill
after most of the recoverable valuable minerals
have been extracted
Throughput: Amount of ore processed through
the mill
Troy Ounce: Used to weigh and price the mass of
precious metal, and is not the same as an imperial
ounce
Tungsten (wolfram): Hard dense metal with high
melting point used for cutting in wear-resistant
materials, lighting, heating and welding applications
TSX: Toronto Stock Exchange
Vein: A mineral-filled rock fracture
Waste rock: Rock which does not contain valuable
minerals or metals
Key Investor Dates
Corporate Directory
30 May 2014:
Annual General Meeting
OceanaGold Corporation
Corporate Office
Level 5, 250 Collins Street
Melbourne, Victoria, 3000 Australia
PO Box 355,
Flinders Lane Post Office
Melbourne, Victoria, 3000 Australia
T: +61 3 9656 5300
F: +61 3 9656 5333
E: info@oceanagold.com
30 July 2014:
Second quarter and Half Year 2014
Financial Results released
30 Oct 2014:
Third quarter 2014 Financial Results
released
End January 2015:
Fourth quarter 2014 production update
Mid to late February 2015:
Fourth quarter and Full Year 2014
Financial Results released
Mid to late April 2015:
First Quarter 2015 Financial Results
released
Note: Dates are subject to change.
Refer to www.oceanagold.com for the
latest updates.
Canadian Office
First Canadian Place
100 King Street West
Suite 5700
Toronto, Ontario, M5X 1C7
Canada
Directors
James E. Askew (Chairman)
Michael F. Wilkes (MD & CEO)
J. Denham Shale
Jose P. Leviste, Jr.
Jacob Klein
William H. Myckatyn
Dr Geoffrey W. Raby
Company Secretary
Liang Tang
Website
www.oceanagold.com
Investor Relations
T: +61 3 9656 5300 (Australia)
T: +1 416 915 3123 (Canada)
Share Registries
Canada
Computershare Investor Services
3rd Floor, 510 Burrard Street
Vancouver, British Columbia V6C 3B9
Canada
T: +1 604 661 9400
F: +1 604 669 1548
Australia
Computershare Investor
Services Pty Ltd
452 Johnston Street
Abbotsford, Victoria, 3067 Australia
T: +61 3 9415 4000
F: +61 3 9473 2500
New Zealand
Computershare Investor
Services Limited
Level 2, 159 Hurstmere Road
Takapuna, North Shore City, 0622
New Zealand
T: +64 9 488 8700
F: +64 9 488 8787
Stock Exchanges
Canada
Toronto Stock Exchange
3rd Floor, 130 King Street W.
Toronto, Ontario M5X 1J2
Canada
Ticker symbol: OGC
Australia
Australian Stock Exchange Limited
Level 4, Stock Exchange Centre
20 Bridge Street, Sydney
New South Wales, 2000 Australia
Ticker symbol: OGC
New Zealand
NZX Limited
Level 2, NZX Centre
11 Cable Street, Wellington
New Zealand
Ticker symbol: OGC
Non-Standard Designation
Auditors
PricewaterhouseCoopers
Freshwater Place
2 Southbank Boulevard
Southbank, Victoria, 3006 Australia
T: +61 3 8603 1000
F: +61 3 8603 1999
Section title
39
OceanaGold Corporation
Corporate Office
Level 5, 250 Collins Street
Melbourne, Victoria, 3000
Australia
PO Box 355,
Flinders Lane Post Office
Melbourne, Victoria, 3000
Australia
T: +61 3 9656 5300
F: +61 3 9656 5333
www.oceanagold.com

2014 Fact Book LR

Загружено:

Сведения о документе

Оригинальное название

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

2014 Fact Book LR

Загружено:

Авторское право:

Доступные форматы

OceanaGold

Cautionary Statement Regarding

Cautionary Notes Regarding Technical Information

Technical Reports: For further information regarding

The Business at a Glance

Macraes Open Pit

OceanaGold Corporation Fact Book 2014

The Business at a Glance

Map of Operations and Assets

Measured & Indicated

Reefton Open Pit

OceanaGold Corporation Fact Book 2014

COPPER 000 TONNES

The Didipio Mine in the Philippines commenced commercial

GOLD 000 OUNCES

Earnings before income tax

Net earnings before impairment

Diluted earnings/(loss) per share

Cash operating cost

Cash operating margin

Average gold price received

Average copper price received

One highlight of (the Didipio)

Your Board has overseen an eventful 2013 which has positioned

OceanaGold Corporation Fact Book 2014

Crossing the Rubicon into being a Philippine producer, with the

Jim Askew, Chairman of the Board

We successfully brought on line

To all of our shareholders, employees, Government agencies,

The Business at a Glance

Most pleasingly our safety performance continues to improve

Mick Wilkes, Managing Director and CEO

Vision and Values

Efficient mines underpinned

Substantial low cost

World Class Skills

Mine design optimisation

Strong Balance Sheet

Strategic capital allocation

Strong investor base

Partner and Employer of Choice

10 OceanaGold Corporation Fact Book 2014

Multinational Gold Producer

The Companys business strategy:

> Solid production growth with reducing cash cost profile

Didipio Mine Philippines, commenced

The Business at a Glance

Average Gold Price Received

(US$ per ounce)

Average Copper Price Received

(US$ per tonne)

Cash Operating Cost1,2

(US$ per ounce)

Cash Operating Margin

(US$ per ounce)

New Zealand Operating Statistics

(dry milled tonnes)

Didipio Operating Statistics

Total Ore Mined

(dry milled tonnes)

Mill Feed Grade Copper

Ore Mined Grade Gold

12 OceanaGold Corporation Fact Book 2014