Listed mining firm OceanaGold (Philippines) Inc. said yesterday that it has appointed a new chair of its board of directors, marking a major leadership change in the company which posted $30.3 million in revenue in 2024.
In a statement, the Australian-Canadian mining firm said the position was assumed by Brian Martin on Sept. 24, noting that he has more than two decades of experience in the metals and mining industry.
He specializes in corporate strategy, investor relations and business development.
Martin also serves as senior vice president for business development and investor relations at OceanaGold Corp., the parent company listed in Australia and Canada.
‘I look forward to working closely with the Board of Directors and management team to continue delivering strong operational performance and value creation for our shareholders. With a high-quality asset in Didipio and an experienced and dedicated team, we are well positioned to build on our success and contribute meaningfully to the Philippines and the communities we serve,’ Martin said.
In his first week as chair, Martin met with Bangko Sentral ng Pilipinas Deputy Governor Mamerto Tangonan to reaffirm OceanaGold’s commitment to sell at least 25 percent of its annual gold dore output directly to the BSP.
The arrangement, the company said, would help boost the country’s gold reserves and reinforce financial stability.
Martin also visited the Philippine Stock Exchange (PSE) where he met with chief operating officer Roel Refran to highlight the company’s growth prospects and long-term value creation for shareholders.
OceanaGold Philippines, which operates the Didipio gold-copper mine in Nueva Vizcaya, has been gaining visibility in the local equities market since its initial public offering in May 2024.
The firm was added to the PSE MidCap Index in August, signaling investor recognition of its performance and governance record.
‘Our recent inclusion in the PSE MidCap Index is a strong endorsement of the trust investors and regulators place in us. It reflects our consistent performance, transparent governance and commitment to responsible mining,’ Martin said.
The company said it would continue strengthening collaboration with government agencies and host communities as it seeks to sustain growth while ensuring benefits extend beyond its mining operations.