Oz hikes Carrapateena budget to A$90m

Copper and gold miner Oz Minerals has further cemented its plans for the Carrapateena copper/gold project, in Western Australia, increasing the project’s current budget to A$90-million. At the end of March, some A$53-million had already been spent, with a further A$37-million to be spent on continued decline construction, further mine design optimisation to bring it to feasibility study stage, and to accelerate all other non-mining work packages through an early contractor involvement (ECI) model.