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

29JanJanuary 29, 2020

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

[videojs_hls url=’//du7x25at22z7c.cloudfront.net/275092/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/Headlines04_360_200129.jpg’]

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.

Copyright 2020 – Finance News Network

Source: Finance News Network

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