OZ Minerals is well placed to execute a major company expansion in South Australia this year with the completion of construction at Carrapateena and the ramp-up of operations at Prominent Hill.
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OZ Minerals completes compulsory acquisition of Avanco
OZ Minerals now owns 100 per cent of Avanco Resources' shares through its subsidiary OZ Minerals Brazil, as the $418 million acquisition of all Avanco's outstanding shares has moved into completion.
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Glencore accepts OZ Minerals’ Avanco offer, shares now stand at 73.9%
OZ Minerals this week reached acceptances in its bid for Brazilian copper-gold miner Avanco totalling 73.9 per cent of company shares.
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OZ Minerals nears finish line of Avanco takeover
OZ Minerals $418 million takeover bid for Brazil-focused Avanco Resources is a step closer to completion after OZ declared it unconditional.
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OZ Minerals takeover bid for Avanco hits road bump
OZ Minerals' recent $418 million takeover bid for Brazilian-focused copper-gold company Avanco Resources has been referred to by some Avanco shareholders, primarily commenters from the company's second-biggest investor, London-based Greenstone Resources (16.68 per cent), as undervalued.
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OZ closes Prominent Hill open pit
OZ Minerals has completed its planned closure of the Prominent Hill open pit in South Australia.
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OZ Minerals launches $444m takeover offer for Avanco
OZ Minerals plans a significant expansion into South America through a takeover of Brazilian-focused copper-gold miner and developer Avanco.
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Avanco builds a Brazilian empire
If there is one piece of advice that Avanco managing director Tony Polglase can offer about mining in Brazil, it’s that local credibility is critical for success.
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Avanco pushes CentroGold project towards 2Moz
Brazilian-focused miner Avanco has delivered a 20 per cent increase in gold ounces at its CentroGold project in Maranhão State.
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Vale executes deal for Pantera copper project with Avanco
Avanco has agreed to a deal with Brazilian major Vale to purchase 100 per cent of its Pantera copper project in Brazil, in an acquisition expected to cost anywhere between $25 to $44 million.
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