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OZ Minerals Limited (ASX: OZL) Share Price and News

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OZ Minerals Limited (ASX: OZL) is an Australian mining company based in South Australia. The company was formed in 2008 through the merger of mining businesses Oxiana and Zinifex. Oxiana originally listed on the ASX in 1970. OZ Minerals’ exploration, mining and operations are focused on copper but also encompass gold and nickel.

OZ Minerals’ key project in Australia is the Prominent Hill copper-gold mine in northern SA. The company is also engaged in exploration and operational projects across other parts of SA as well as in Queensland and Western Australia. In addition, OZ Minerals has extensive operations in Brazil and an exploration project in Sweden.

Some of OZ Minerals’ projects, including the Prominent Hill mine, are wholly owned by the company whereas others, including the West Musgrave Project in WA, are operated under partnership agreements. The West Musgrave Project is Australia’s largest undeveloped copper nickel deposit.

The OZ Minerals share price lost nearly half its value during the March 2020 market crash. Since then, it has gone on to recover all those losses plus more.

OZ Minerals Limited (ASX: OZL) Latest News

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