OZ Minerals says continuing Martabe saleApril 1, 2009 - 10:34AM OZ Minerals Ltd says the company is continuing with the sale process for its Martabe gold and silver project in Indonesia.
The debt-laden miner on Wednesday has received a $US1.2 billion ($A1.74 billion) proposal from its Chinese suitor to acquire a suite of the miner's assets.
"It's (Martabe) still an asset up for sale, we are continuing with that process," OZ Minerals chief executive Andrew Michelmore told analysts on a conference call.
"There is no way we will be selling it for a fire sale price."
OZL Price at posting:
$5.20 Sentiment: Hold Disclosure: Held
