Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals
Mining News Pro - Brazilian regulators have cleared BHP’s intended acquisition of Australian copper-gold producer OZ Minerals for A$9.6 billion ($6.6bn), bringing the world’s no.1 miner closer to securing its biggest deal in more than a decade.
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Visit: 233
OZ Minerals backs BHP’s improved $6.5 billion offer
Mining News Pro - In what could be the largest mining deal in Australia in 11 years, BHP made a new cash offer of A$28.25 per share on Friday that was 13% higher than a A$25 per share proposal rejected in early August as “opportunistic” and undervalued.
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Visit: 481
Oz Minerals shares halted pending potential control change
Mining News Pro - BHP’s initial offer for Oz Minerals was for A$25 a share. The company’s shares closed at A$26.30 in Sydney on Tuesday.
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Visit: 265
OZ Minerals gives green light to $1.1 billion copper project
Mining News Pro - OZ Minerals Ltd., the target of a takeover attempt by BHP Group Ltd., has approved a A$1.7 billion ($1.1 billion) investment to develop its West Musgrave copper-nickel project in Western Australia.
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Visit: 521
BHP says copper strategy does not depend on M&A after OZ Minerals snub
Mining News Pro - BHP Group’s plans to grow its copper business are not dependent on acquisitions, the global miner’s chief executive told shareholders on Thursday, after the rebuff of its bid to take over a smaller Australian copper and nickel firm.
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Visit: 603
OZ Minerals gets final nod for key copper-nickel project
Mining News Pro - OZ Minerals said on Monday the Western Australia government granted final regulatory approval for the miner to begin construction at its West Musgrave copper-nickel project.
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Visit: 630
OZ Minerals invests in mining innovation and flexibility
Mining News Pro - OZ Minerals has revealed the companies selected to participate in its Scalable and Adaptable Mining Challenge – an initiative aimed at fostering innovative solutions for integrated mine design.
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Visit: 482
Oz Minerals sinks A$600m into Prominent Hill shaft
Mining News Pro - Copper and gold miner Oz Minerals has approved a A$600-million investment into its Prominent Hill operation, in South Australia, which would increase yearly copper production rates by about 23% and lower operating costs by about 20%.
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Visit: 488
OZ Minerals invests in mining’s hydrogen future
Mining News Pro - Seven teams have been selected as finalists for OZ Minerals’ Hydrogen Hypothesis challenge which, through their prospective projects, demonstrate the potential of hydrogen as a safe and effective energy source in the mining sector.
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Visit: 582
OZ Minerals on track with Prominent Hill record
Mining News Pro - OZ Minerals has mined a record 1.14 million tonnes of ore at the Prominent Hill copper-gold mine in South Australia off the back of strong copper demand.
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Visit: 684
OZ Minerals’ funds innovation centre
Mining News Pro - OZ Minerals has established the Arkani Ngura Innovation and Technology Centre with funding from the 2021-22 South Australian budget.
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Visit: 692
OZ Minerals accelerates extraction evolution
Mining News Pro - OZ Minerals has facilitated its Ingenious Extraction Challenge to discover new ways to extract metals, allowing 60 submissions to compete for experiment funding.
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Visit: 527
OZ Minerals collaborates with Epiroc on sustainable mining project
Mining News Pro - Epiroc has led the establishment of a carbon-neutral sustainable mining initiative to enable more efficient operations.
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Visit: 594
OZ Minerals launches challenge to find green ways to extract metals
Mining News Pro - OZ Minerals partnered with fellow Australian tech company Unearthed to launch Ingenious Extraction, an incubator challenge aimed at finding new, low-impact ways to extract metals like copper, gold, silver and cobalt from the miner’s concentrates.
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Visit: 771
OZ Minerals hones in on 2021 copper growth
Mining News Pro - OZ Minerals is expecting major growth from its Australian assets this year off the back of strong production at the Prominent Hill copper-gold mine in South Australia.
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Visit: 588
OZ Minerals to begin Carrapateena block cave expansion
Mining News Pro - OZ Minerals has received board approval to progress the block cave expansion at the Carrapateena copper-gold mine in South Australia after deferring the decision due to the COVID-19 pandemic.
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Visit: 584
OZ Minerals replaces Downer with Byrnecut at Carrapateena
Mining News Pro - Byrnecut will take over as OZ Minerals’ underground mining contractor at the Carrapateena mine in South Australia after incumbent contractor, Downer, announced plans to divest its mining services business.
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Visit: 582
OZ Minerals lifts West Musgrave ambitions
Mining News Pro - OZ Minerals plans to increase the production and plant capacity of its West Musgrave project in Western Australia, following the completion of its pre-feasibility study.
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Visit: 594
OZ Minerals completes Carrapateena ramp up
Mining News Pro - OZ Minerals has increased the production rate at the Carrapateena copper-gold mine in South Australia, achieving a planned ramp up ahead of schedule.
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Visit: 639
OZ Minerals lays out Prominent Hill expansion plan
Mining News Pro - OZ Minerals is set to invest $47 million towards the expansion of its Prominent Hill copper-gold mine in South Australia.
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Visit: 634
OZ Minerals sets sights on Prominent Hill production rise
Mining News Pro - OZ Minerals is targeting higher production at the Prominent Hill copper-gold mine in South Australia this year on the back of strong performance and record gold prices.
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Visit: 687
OZ Minerals wraps up West Musgrave takeover
Mining News Pro - OZ Minerals has completed a $76 million acquisition of Cassini Resources, giving the company full ownership of the West Musgrave nickel-copper project in Western Australia.
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Visit: 755
OZ Minerals on verge of sealing Cassini acquisition
Mining News Pro - Cassini Resources shareholders have approved OZ Minerals’ bid to acquire the company three months after the deal was announced.
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Visit: 740
OZ Minerals drives Prominent Hill underground development
Mining News Pro - OZ Minerals is set to accelerate underground development at the Prominent Hill copper-gold mine in South Australia with fresh funding boost.
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Visit: 624
OZ Minerals upgrades guidance on back of Carrapateena, Prominent Hill performance
Mining News Pro - OZ Minerals has improved its outlook for 2020 based on strong performance during the first half of the year, including ramp-up of production and cost reductions at the Carrapateena and Prominent Hill mines in South Australia.
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Visit: 809