OZ Minerals has pushed back the planned delivery of first concentrate at its Carrapateena copper-gold project in South Australia by a month.
Downer Group chief executive Grant Fenn is mulling over the future of the contractor’s mining business, stating that it is “very capital-intensive.”
OZ Minerals remains on track to achieve its full-year production guidance at the Prominent Hill mine, while commissioning of the Carrapateena project continues.
OZ Minerals has recorded a decline in revenue in the first half of 2019 due to deferred shipments and lower copper prices.
Joint venture partners OZ Minerals and Cassini Resources have identified “several opportunities and some threats” at the West Musgrave project in Western Australia.
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OZ Minerals has reported strong progress on its growth strategy, headlined by the Carrapateena operation in South Australia remaining on track for first concentrate in 2019.
South Australia’s appetite to meet the rise in demand for copper, electric vehicles and renewable energy has been matched by the vision of its miners.
OZ Minerals plans to incorporate advanced digitalisation technology at its underground Carrapateena operation thanks to a partnership with Epiroc and Mobilaris.
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.
GR Engineering has maintained a contract winning streak that carried on to the December 2019 half year amid project development delays.
GR Engineering has won an engineering, procurement and construction (EPC) contract with OZ Minerals for the design and construction of a wellfield at the Carrapateena copper-gold project in South Australia.
OZ Minerals will focus on a series of major project developments in 2019 after generating $1.1 billion in net revenues and exceeding its production guidance last year.
Thyssenkrupp Industrial Solutions has signed a contract with Oz Minerals to supply crushing equipment to the Carrapateena copper-gold project in South Australia.
Cobham Aviation Services has secured a three-year contract with OZ Minerals to provide fly-in, fly-out (FIFO) services between Adelaide, Port Augusta and the Carrapateena copper-gold project in South Australia.
OZ Minerals has extended the mine life of the Prominent Hill copper-gold mine in South Australia to 2030.
OZ Minerals is on the verge of starting a number of key activities at the Carrapateena copper-gold project in South Australia as it progresses the development.
Downer was awarded a contract extension by Millmerran Power Partners for its mining services at the Commodore open cut coal mine in South East Queensland.
OZ Minerals has significantly increased its profits so far this year after benefitting from higher copper prices and improved operational efficiencies.
OZ Minerals’ development of the Carrapateena copper-gold project in South Australia is taking shape as planned.