OZ Minerals shares tumble on lowered guidance

Investors punish miner for posting sharp falls in both gold and copper production in the June quarter.

Investors sent OZ Minerals Ltd shares tumbling more than seven per cent after the miner lowered its full-year gold production guidance and posted sharp falls in gold and copper quarterly production.

At 1530 AEST, Oz Minerals shares were 7.54% lower at $4.29, against a slight benchmark fall of 0.15%. Earlier Oz Minerals shares fell as low as $4.255.

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