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Oz Minerals raises annual copper and gold production targets

iconJul 22, 2020 10:01
[Oz Minerals raises full-year copper and gold production target] Mining company Oz Minerals recently released its second-quarter production report and raised its full-year copper and gold production target. During the reporting period, the company overcame the disruption caused by the epidemic and achieved strong results in the first half of the year. In the second quarter, the company produced a total of 24577 tons of copper and 68740 ounces of gold, mainly driven by production at the Prominent Hill mine in South Australia.

SMM7 March 22: mining company Oz Minerals recently released its second-quarter production report. During the reporting period, the mining company overcame the interference caused by the epidemic and achieved strong results in the first half of the year. In the second quarter, the company produced a total of 24577 tons of copper and 68740 ounces of gold, mainly driven by production at the Prominent Hill mine in South Australia.

It is expected to produce 8.8-105000 tons of copper this year, higher than the previous forecast of 8.3-100000 tons.

It is expected to produce 22.7-249000 ounces of gold this year, up from the previous estimate of 20.7-234000 ounces.

公司二季度整体维持成本平均为0.505美元/磅,Oz Minerals表示,其目前整体维持成本预计在0.70-0.85美元/磅。

 

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