OZL 0.00% $26.44 oz minerals limited

News: Oz Minerals cuts production guidance

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    OZ Minerals Limited (ASX:OZL) has lowered its full-year copper production guidance despite reporting record volumes during the September quarter.


     


    In the three months to September 30, OZ Minerals mined more than 17,000 tonnes of copper and over 28,000 ounces of gold.


     


    The group revised down its 2013 production target between 70,000 and 75,000 tonnes of copper in the year.


     


    OZ Minerals in March forecast 2013 production of 82,000 to 88,000 tonnes of copper.


     


    Oz Minerals booked a net loss of $268 million in the first half of fiscal 2013.

 
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