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OceanaGold Philippines declares $38M Q4 dividend, boosts shareholder returns
manilatimes42d ago

OceanaGold Philippines declares $38M Q4 dividend, boosts shareholder returns

KASIBU, Nueva Vizcaya — In a move that will delight shareholders, OceanaGold Philippines Inc. (OGP) has declared a fourth-quarter dividend of $38 million (more than P2.2 billion), equivalent to $0.0167 per share or roughly P0.98 per share, payable to shareholders of record on March 5, 2026.According to OGP, the dividend is a testament to the company’s strong financial performance in 2025, when net income more than doubled year-on-year to $76.5 million, driven by elevated global gold prices.The company’s flagship Didipio Mine in this copper- and gold-rich upland town was the main contributor to the robust financial performance, with revenue rising nearly 28 percent to $438.8 million.Despite a modest decline in gold output, the mine produced 90,700 ounces of gold and 13,300 metric tons of copper, with record average realized gold prices of $3,494 per ounce (more than P200,000).OceanaGold’s strong performance has enabled the company to declare total dividends of $112 million for the year, bringing cumulative payouts since its May 2024 listing to $181 million.The company ended the year debt-free with a net cash position of $84 million and generated $130 million in free cash flow, a record for the company.The dividend declaration is expected to benefit shareholders, including those who have invested in the company’s Philippine Stock Exchange-listed shares.The company’s share price has been buoyed by the strong financial performance, and the dividend payout is likely to further boost investor confidence.OceanaGold’s chairman of the board, Brian Martin, said, “The company remains focused on maximizing underground productivity, advancing exploration, and driving initiatives that enhance efficiencies.”Exploration expenditure totaled $5.5 million in 2025, with drilling programs at the True Blue, D’Fox, and Napartan prospects. The company completed all mandatory relinquishments under its Financial or Technical Assistance Agreement (FTAA) and established final property boundaries.The company plans to spend $10 million on exploration in 2026, including drilling programs at the True Blue, D’Fox, and Napartan prospects near the Didipio Mine.The Didipio mine is a significant contributor to the local economy, providing employment and generating export earnings. The company has also remitted substantial taxes and government shares tied to production under its FTAA with the Philippine government.Didipio began commercial operations in 2013 as an open pit mine and transitioned to underground mining in the latter half of the decade. The operation benefits from a dual output of gold and copper, with ownership largely held by OceanaGold and a minority interest listed on the Philippine Stock Exchange.The mine’s contribution to regional development initiatives and local government coffers has been substantial, with past reports indicating payments in the billions of pesos in government revenues and business taxes.OceanaGold has emphasized its commitment to “responsible operations and underground productivity enhancements as it navigates resource depletion challenges and works to sustain the life of the mine.”Shareholders can look forward to receiving their dividend payments on March 5, 2026, while the company continues to focus on maximizing value for its stakeholders.

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Broadridge Empowers Investment Firms for FCA’s Consumer Composite Investments Framework
ffnews42d ago

Broadridge Empowers Investment Firms for FCA’s Consumer Composite Investments Framework

As the Financial Conduct Authority (FCA) prepares to implement its new Consumer Composite Investments (CCI) disclosure framework, Broadridge Financial Solutions, Inc. (NYSE: BR) has expanded the capabilities of its regulatory disclosure platform to help fund manufacturers and distributors quickly, confidently and efficiently adapt to the new requirements.The post Broadridge Empowers Investment Firms for FCA’s Consumer Composite Investments Framework appeared first on FF News | Fintech Finance.

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Analyst Predicts Bitcoin Price Surge To $500,000 As Ribbon Fractal Emerges
newsbtc42d ago

Analyst Predicts Bitcoin Price Surge To $500,000 As Ribbon Fractal Emerges

A prominent market commentator has projected that the Bitcoin price could climb as high as $500,000, citing the reappearance of a long-observed moving average ribbon pattern on the monthly chart. The forecast, shared by Egrag Crypto on X, ties price structure to specific time windows in 2026 and 2028, arguing that technical alignment is outweighing short-term market narratives.pl Bitcoin Price Ribbon Setup Signals Expansion Phase At the center of the $500,000 prediction is the reformation of a multi-layer moving average ribbon on the one-month timeframe. The chart provided by the analyst shows the 33 EMA, 66 MA, 80 EMA, and 100 EMA compressing and beginning to expand in a configuration that has historically marked major cycle transitions. Related Reading: Pundit Gives Reasons Why XRP Price Will Hit $10 In 2026 This structure is not presented in isolation. In previous cycles, similar ribbon compressions were followed by decisive impulsive advances. The analyst points to an earlier period on the chart when the price consolidated within the ribbon before accelerating sharply upward, forming a pattern that now appears to be repeating. Because this setup mirrors prior cycle behavior, he characterizes it as a fractal, indicating structural similarity across different market phases. The ribbon’s position relative to current price action reinforces the broader thesis. Bitcoin remains structurally above the layered averages, a condition that in earlier cycles preceded sustained upside rather than distribution. When price reclaimed and held above this cluster in the past, expansion phases followed. Based on those historical expansion multiples, the analyst outlines an intermediate target near $150,000 and extends the upper boundary of the move toward $500,000. This framework deliberately shifts focus away from sentiment-driven fluctuations. Instead, the moving averages are treated as objective markers of where Bitcoin stands within its long-term cycle, forming the analytical foundation for the half-million-dollar projection. Timing Window Points To 2026 And Late 2028 Alignment Building on the structural case, the forecast also incorporates a defined timeline. The chart highlights October 2026 as a key waypoint, aligning with a potential continuation phase if the emerging ribbon fractal develops in line with historical precedent. Beyond that initial window, a second period is identified around the end of the third quarter or the beginning of the fourth quarter of 2028. The analyst references election cycles as a contextual factor, suggesting that macro narrative and technical structure could converge during that timeframe. Related Reading: The Multi-Year XRP Bull Market That Could Change Everything Forever The projected path on the chart reflects this staged process. Rather than a single vertical surge, it outlines a series of consolidations followed by accelerations, echoing previous cycles before peak expansion. By integrating price structure with calendar timing, the projection frames the $500,000 target as the culmination of a repeatable cyclical pattern. In this context, the ribbon fractal is positioned not as speculative optimism, but as the structural roadmap underpinning the analyst’s expectation of a potential surge toward half a million dollars. Featured image created with Dall.E, chart from Tradingview.com

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google42d ago

The Techmarine class comes to Warhammer 40,000: Space Marine 2 with a new mission and cosmetics in tow - Warhammer Community

The Techmarine class comes to Warhammer 40,000: Space Marine 2 with a new mission and cosmetics in tow Warhammer CommunityWarhammer 40,000: Space Marine 2 Techmarine Update Out Now — Check Out Patch 12.0 IGNWarhammer 40,000: Space Marine 2 brings the Techmarine to the fight with its newest update Focus EntertainmentAnother Massive Space Marine 2 Patch Deploys on PS5, Packing a New Class, Mission, and More Push SquareSpace Marine 2 Patch 12.0 Adds Techmarine Class and New PvE Content Twisted Voxel

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