OZ Minerals
(ASX:OZL) and its joint venture partner, Cassini Resources
(ASX:CZI) have launched a $3 million scoping study of the West Musgrave copper and nickel deposits in Western Australia.
OZ Minerals says the scoping study will focus on improvement in metallurgical recovery and operational scale – to extract increased value from the resource.
The study will also include infrastructure and services economic analysis, which will determine how to best manage transport, power and water costs.
The company is expecting the study to be completed in September, next year.
OZ Minerals reported a net profit of $29.5 million at 30 June 2016.
