Oz Minerals: Interim result 2012

This miner's sole producing asset continues to perform admirably but a short mine life introduces fresh risks.

Falling copper prices and lower gold production conspired to produce a 37% drop in half year profit for Oz Minerals. Underlying profit was $120m and, from earnings per share of 38.5 cents, unfranked dividends of 10 cents per share were declared (ex date 5 Sep).


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