OZ Minerals is expecting major growth from its Australian assets this year off the back of strong production at the Prominent Hill copper-gold mine in South Australia.
OZ Minerals has received board approval to progress the block cave expansion at the Carrapateena copper-gold mine in South Australia after deferring the decision due to the COVID-19 pandemic.
Byrnecut will take over as OZ Minerals’ underground mining contractor at the Carrapateena mine in South Australia after incumbent contractor, Downer, announced plans to divest its mining services business.
Argonaut Resources has been granted approval by the South Australian Government to conduct a major drilling program around the western shoreline of Lake Torrens and Andamooka Island and the Carrapateena Well.
OZ Minerals is set to invest $47 million towards the expansion of its Prominent Hill copper-gold mine in South Australia.
OZ Minerals is targeting higher production at the Prominent Hill copper-gold mine in South Australia this year on the back of strong performance and record gold prices.
OZ Minerals is set to accelerate underground development at the Prominent Hill copper-gold mine in South Australia with fresh funding boost.
OZ Minerals has increased its production outlook for the 2020 calendar year based on strong production and cost performance during the first half of the year.
OZ Minerals has reported strong production results for the March quarter despite COVID-19’s impact on the resources industry.
OZ Minerals has not experienced any production impacts at its mine sites, leading the company to retain its full year guidance despite deferring around $150 million in growth capital.
The South Australian Department for Mining and Energy has released 21 mineral exploration release areas on the back of strong interest from North and South American explorers looking for gold.
OZ Minerals is set to enter a ramp up phase at the Carrapateena copper-gold mine in South Australia after delivering first saleable concentrate late last year.
OZ Minerals has produced its first saleable copper-gold concentrate at the Carrapateena copper-gold mine in South Australia.
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.