OZ Minerals Limited
(ASX:OZL) has achieved its highest quarterly production result since 2010 on the back of its Prominent Hill project in South Australia.
The mining company reports June quarter copper output came in almost 50 per cent above the previous corresponding period.
Managing Director and CEO Andrew Cole believes the current performance of its existing operations is encouraging at this early stage in its new strategy.
Looking ahead Oz Minerals has confirmed its annual output guidance and says it expects its annual cash costs to fall to the lower end of its guidance range.
OZ Minerals reported a net profit of $48.5 million in the 2014 calendar year.
