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Article: OZ MINERALS REPORTS 32% INCREASE IN S AUST PROMINENT HILL ORE.
- Article from:
- AsiaPulse News
- Article date:
- May 18, 2009
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PERTH, May 18 Asia Pulse - Shares in OZ Minerals Ltd (ASX:OZL) rose after the miner announced an increase in resources at its Prominent Hill copper and gold mine in South Australia.
OZ Minerals shares were up two cents, or 2.78 per cent, at 74 cents at 1240 AEST.
OZ Minerals said resources at its Western Copper deposit had increased 32 per cent to 245,000 tonnes of contained copper.
"At the first available opportunity, drilling of the deposit will be reactivated to further expand the deposit," OZ Minerals said.
The deposit is situated about 800 metres west of the Prominent Hill open pit, which is currently being mined, and requires ...