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OZ Minerals eyes acquisitions after solid Q1

By · April 26, 2012 · 12:42 am · Leave a Comment

 

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By Robb M. Stewart

OZ Minerals which is scouting for potential acquisition targets in a number of countries, said today it remained on track to hit its copper and gold production targets for the year after a modest rise in first-quarter output despite heavy rains at its Australian mine.

The Prominent Hill mine in South Australia produced 27,182 tonnes of copper, up 1.4 percent from 26,802 tonnes in the previous three-month period and 5.7 percent higher than a year ago.

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