Oz Minerals (ASX:OZL) operational and growth targets achieved

Company News

by Rachael Jones

Oz Minerals (ASX:OZL) released their fourth quarter report showing Prominent Hill achieved copper guidance for the fifth consecutive year.

The Carrapateena mine will be in ramp-up phase this year, having produced first saleable concentrate prior to year-end.

FY revenue of $1.1 billion with a closing cash balance of $134 million (unaudited) after year of substantial growth investment

Shares in Oz Minerals (ASX:OZL) are trading 0.5 per cent higher at $9.83.