OZ takes advantage of higher copper price, lifts 2018 guidance

ASX-listed OZ Minerals has marked 2017 as a year of strong production and financial performance, with the miner reporting on Wednesday that it had achieved its copper production guidance for the third consecutive year, and that it had exceeded its gold guidance. Noting that it had made significant progress towards becoming a multi-asset company, the miner said its South Australia-based Prominent Hill operation’s copper production had been revised upwards by 15 000 t over 2018 and 2019, following a strong performance in 2017.