OZ Minerals
| OZ Minerals Limited
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | AU000000OZL8 |
| founding | 2008 |
| Seat |
Melbourne , Australia
|
| management | Andrew Cole |
| sales | 879.4 million AUD (542 million euros ) |
| Branch | Mining |
| Website | www.ozminerals.com |
| As of December 31, 2015 | |
OZ Minerals is an Australian mining company that resulted from the merger of Oxiana Limited and Zinifex in 2008. The company name comes from the first letters of the merged companies.
Business areas
Public company OZ Minerals operates the large Australian copper - gold - silver - zinc mine Prominent Hill and the Carrapateena copper-gold project in South Australia , which has been mining copper since 2009. In gold-copper mine area of Cobar in New South Wales , the company covers an license to investigate mineral deposits through 3435, in Cambodia OZ Minerals an office that performs deposit explorations and it acquired in February 2012, shares of Renaissance Minerals Limited . In Santa Cruz County , Arizona , USA , OZ Minerals is conducting a prospect with an option to build a mine.
history
In 2009, the Chinese state-owned company China Minmetals submitted an offer to take over OZ Minerals, which had run into economic difficulties. This year there were several attempts by Chinese mining groups to buy up large shares or entire mining companies in Australia, which led to discussions in Australia. Chinalco , for example, planned a stake in the Rio Tinto Group , which led to violent public disputes and calls for a participation ban. By OZ Minerals in June 2009 acquired the Minerals and Metals Group , a subsidiary of China Minmetals , the Golden Grove mine in Western Australia that the OZ Minerals belonged. Golden Grove was part of an acquisition of the Sepon, Century, Rosebery and Avebury mines, the Dugald River, High Lake and Izok Lake projects from OZ Minerals , as well as several US value exploration projects - $ 1.354 billion by China Minerals . However, on March 27, 2009, the Australian government issued a ban on the sale of the Prominent Hill Mine , which is owned by OZ Minerals . This was justified because of national security, because the mine is located in a military restricted zone, the Woomera Prohibited Area . It was suspected that this would lead to resentment between Australia and China. However, the Chinese side emphasized that they understand this decision. OZ Minerals was able to continue running Prominent Hill and was liquid again after receiving the purchase price of 1.354 billion.
numbers
| raw material | Production 2015 |
|---|---|
| gold | 3.2 t (113,028 ounces) |
| copper | 130,305 t |
Individual evidence
- ↑ Management team
- ↑ Annual Report 2015
- ↑ ozminerals.com : Operations , accessed March 17, 2012
- ↑ Completion of Transaction with Minmetals OZ Minerals ASX announcement, June 17, 2009, in English, accessed on March 17, 2012
- ↑ Minmetals Succeeds in OZ Minerals Deal ( Memento of the original of July 7, 2011 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Minmetals Australia Pty Ltd website, November 6, 2008, in English, accessed March 17, 2012
- ↑ Australia Blocks China's Purchase of Mining Company The New York Times , March 27, 2009, in English, accessed March 17, 2012
- ↑ abc.net.au : Minmetals launches new company amid flat demand , in English, accessed on March 17, 2012
- ↑ 2016 Analyst Visit
