OZ Minerals June 2010 Quarterly Report

16 Jul 2010

Summary:

Strong second quarter with copper production on schedule to reach full year guidance.
Gold production higher than expected and gold production guidance increased.
Competitive cash costs of production (C1 – US39.8c/lb) and cost guidance for 2010 lowered.
Prominent Hill underground mine approved and construction underway.
Significant results returned in near mine exploration beneath the Western Gold resource at Prominent Hill.
Acquisition of 19.9% of Sandfire Resources NL.
Encouraging results from Okvau North in Cambodia.

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