Oz Minerals confident of strong cash flows for several years – CEO

Copper and gold miner Oz Minerals is confident of strong cash flows for the remainder of 2016 and over the “next several years” from its Prominent Hill mine, in South Australia, said MD and CEO Andrew Cole on Wednesday. The mine, which produced 58 368 t of copper and 57 662 oz of gold in concentrate in the first half of the 2016 financial year, helped Oz Minerals to increase its revenue to A$398.3-million, from A$390.1-million in the comparative period of 2015.