OZ Minerals FY net profit after tax $130.2 million versus $48.5 million

Feb 10 (Reuters) - OZ Minerals Ltd (OZL) :

  • Annual financial report 2015 and appendix 4e (OZL)
  • FY net profit after tax $130.2 million versus $48.5 million
  • Says FY revenue $879.4 million versus $831 million
  • Says sustained reduction in costs is expected to be realised over the coming

    years with only one office and lower headcount

  • Says resolved to pay an unfranked dividend of 14.0 cents per share, to be

    paid on 10 March 2016

  • Says "corporate costs are expected to be around $25.0 million "
  • Underground ore movement will increase in 2016 to between 2.0 and 2.2mt
  • C1 unit cost guidance for the 2016 calendar year has been set at US70 cents

    to US80 cents per payable pound of copper

  • Total open pit movement will significantly reduce in 2016 to between 30mt to

    35mt

  • Open pit unit mining costs will increase slightly to $6.40 to $6.60 per tonne
                


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