OZ Minerals

OZ Minerals has offered a $1 million reward for the geologists or data scientists who help find its next discovery near the Prominent Hill copper-gold mine 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.

OZ Minerals has completed an earn-in to acquire 51 per cent of the West Musgrave copper-nickel joint venture project in Western Australia.

OZ Minerals and Minotaur Exploration are to expand exploration activity at the Eloise joint venture (JV) in Queensland.

OZ Minerals has significantly increased its profits so far this year after benefitting from higher copper prices and improved operational efficiencies.

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.

Minotaur Exploration has extended its drilling program by 800m to 2500m at the Jericho copper system, part of the Eloise joint venture (JV) with OZ Minerals near Cloncurry, Queensland.

OZ Minerals’ development of the Carrapateena copper-gold project in South Australia is taking shape as planned.

Thiess has strengthened a relationship with OZ Minerals through a $112 million contract to provide stockpile rehandle services at the Prominent Hill copper-gold mine in South Australia.

OZ Minerals will commence a compulsory takeover of Brazil-focused miner Avanco Resources after acceptances for the deal moved beyond 90 per cent.

Fortescue Metals Group boasts 50 per cent female representation on their board, while major players BHP Billiton, Rio Tinto and OZ Minerals all seat multiple female board members.

OZ Minerals this week reached acceptances in its bid for Brazilian copper-gold miner Avanco totalling 73.9 per cent of company shares.

OZ Minerals $418 million takeover bid for Brazil-focused Avanco Resources is a step closer to completion after OZ declared it unconditional.

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.

OZ Minerals has completed its planned closure of the Prominent Hill open pit in South Australia.

Downer EDI will deliver underground mining services at OZ Minerals’ Carrapateena copper-gold project in South Australia after being awarded a $660 million contract at the operation.

OZ Minerals has secured a mining lease for the $916 million Carrapateena copper-gold project in South Australia, clearing the way for it to start the second phase of mine construction this month.

OZ Minerals plans a significant expansion into South America through a takeover of Brazilian-focused copper-gold miner and developer Avanco.