News: OZL Oz Minerals Sees 2022 Gold Production Of 208,000-230,000 Ounces

Aug 26 (Reuters) - OZ Minerals (OZL) :

• SEES 2022 GOLD PRODUCTION OF 208,000-230,000 OUNCES
• REGAINING OPERATING MOMENTUM AT BOTH PROMINENT HILL AND CARRAPATEENA
• REMAIN ON TRACK TO MEET OUR GROUP ANNUAL PRODUCTION AND COST GUIDANCE
• SEES 2022 COPPER PRODUCTION OF 120,000-135,000 TONNES
• SEES 2022 MINE DEVELOPMENT GROWTH CAPITAL EXPENDITURE A$165 MILLION - A$185 MILLION
• SEES 2022 OTHER GROWTH CAPITAL EXPENDITURE A$540 MILLION - A$565 MILLION
• SEES FY22 C1 COSTS OF 105-120 US C/LB
• SEES 2022 AISC 160-180 US CENTS/LB
• APPROVAL TO INVEST A FURTHER A$12 MILLION TO PROGRESS WORK AT PROMINENT HILL
• ON TRACK TO MEET GROUP ANNUAL PRODUCTION AND COST GUIDANCE
• AN ABOUT A$86 MILLION CASH BENEFIT WILL BE REALISED IN THE SECOND HALF
• WEST MUSGRAVE INVESTMENT DECISION IS ON TRACK FOR THIS FINAL HALF OF YEAR
• ADDITIONAL FUNDING OF A$60 MILLION HAS BEEN APPROVED THROUGH TO END OF 2022 FOR WEST MUSGRAVE

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