Oz Minerals's third quarter performance is stable and copper production forecast for 2019 remains unchanged

Published: Oct 17, 2019 15:55
A few days ago, copper miner Oz Minerals released a report saying that the company's performance was stable in the third quarter of this year, keeping its copper production forecast for 2019 unchanged at 103000-115500 metal tons.

SMM10, March 17: a few days ago, copper miner Oz Minerals released a report saying that the company's performance was stable in the third quarter of this year, so it remained unchanged in 2019 copper production forecast, still 103000-115500 metal tons.

In the third quarter of this year, the company's copper production reached 24663 metal tons, down from the second quarter of this year, the second quarter copper production was 28525 metal tons, and so far the company's copper production has reached 80630 metal tons.

Over the same period, the company's gold production rose to 30346 ounces from 27072 ounces in the second quarter, bringing the total gold production to 92066 ounces so far.

"Click to sign up for a thousand people event in China's non-ferrous metals industry.

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
18 hours ago
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
Read More
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
Copper Prices Rebound Sharply: Bad News Fully Priced In, or Fundamentals Reasserting Themselves?
18 hours ago
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
18 hours ago
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
Read More
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
Doosan Invests $701.5M to Expand CCL Production in Korea and China Through 2028
Doosan Group said on September 17 that it will invest approximately KRW 968.4 billion (about USD 701.5 million) to expand high-end copper-clad laminate (CCL) production in South Korea and China. Roughly KRW 421 billion will expand domestic CCL lines for optical modules, while about KRW 547.4 billion will build a new plant in Changshu, China, for AI accelerators and network switches via wholly-owned Doosan Electro-Materials Changshu, with an additional KRW 182.4 billion capital injection. The three-year investment runs through 2028, with new lines scheduled to begin operations in the second half of 2028. In H1 2026, utilization at Doosan's Jeungpyeong and Gimcheon plants reached 109.8% and 102.7%, respectively, while the China plant ran at 92.2%. Q2 2026 optical-module CCL sales jumped more than tenfold year-on-year to about KRW 50 billion, and network-board CCL sales reached KRW 369.2 billion, accounting for more than half of the Electronics Business Group's revenue.
18 hours ago
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
19 hours ago
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
Read More
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW
[SMM Copper Cathode Rod Flash] New orders continued to expand, and with the holiday approaching, finished product inventories destocked at a faster pace. Production willingness at copper cathode rod enterprises strengthened, and the operating rate is expected to rise 2.31 percentage points WoW next week.
19 hours ago
Oz Minerals's third quarter performance is stable and copper production forecast for 2019 remains unchanged - Shanghai Metals Market (SMM)