Gold and copper miner Oz Minerals Ltd
(ASX:OZL) has appointed a new chairman-elect to its board.
Neil Hamilton, an experienced company director, is expected to be elected as chairman at the company’s April board meeting.
Oz Minerals has also announced that it expects to report a loss of $500 to $520 million for the 2009 calendar year, but predicts its mining operation Prominent Hill will post a profit of $190 to $210 million.
Oz Minerals reported a loss of $2.5 billion in calendar 2008.