COS cosol limited
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News: COS Cosol Says Contracts For Copper Mining Operation Of Ok Tedi Mining Will End 31 Jan 2024

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    27/12/23
    11:35
    Post #: 71625808

    Dec 27 (Reuters) - Cosol Ltd (COS) :

    • CONTRACTS TO DELIVER VARIOUS SERVICES TO PAPUA NEW GUINEA COPPER MINING OPERATION OF OK TEDI MINING LIMITED WILL END 31 JANUARY 2024
    • ALL CURRENT COSOL RESOURCES ENGAGED ON OTML WILL BE REDEPLOYED TO EXISTING AND RECENTLY WON ENGAGEMENTS
    • OTML HAS GIVEN NOTICE TO TERMINATE CONTRACTS FOR CONVENIENCE
    • NO MATERIAL IMPACT ON COSOL'S ANTICIPATED FINANCIAL RESULTS FOR FY24 GIVEN STRONG TRADING CONDITIONS IN KEY MARKETS
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