UNDERGROUND

OZ on track after soft start

OZ Minerals has reported half year 2022 profit of $109 million on revenue of $909 million after a soft start to the year and one-off weather and equipment interruptions.

 Prominent Hill underground

Prominent Hill underground

OZ recorded earnings before interest, taxes, depreciation and amortisation of $358 million at a margin of 40%, with operating cash flows of $375 million and cash in hand of $82 million. Working capital...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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