OZ Minerals is a copper-focused, global, modern mining company based in South Australia. Listed on the Australian Securities Exchange (ASX100) OZ Minerals has a growth strategy focused on creating value for all stakeholders.
We own and operate the copper-gold mine at Prominent Hill, are developing one of Australia's largest copper-gold resources at Carrapateena, and have assets in Brazil. We also have a pipeline of earn-in agreements with experienced exploration companies in Australia and internationally. We are focused on creating a pipeline of opportunities. Our commitment to safety, capital discipline and our values underpin everything we do. We are a Modern Mining Company that adapts to the ever changing environment, harnessing the innovative ideas of our people and collaborating to leverage the experience of those around us. As Australia's third largest copper producer, with quality assets, a healthy cash balance and no debt, we are ideally positioned for global growth.
OZ Minerals was formed in 2008 by the merger of two Australian non-ferrous metals mining businesses - Oxiana and Zinifex.
A proportion of OZ Minerals’ assets – excluding the Prominent Hill asset – were then acquired in 2009 by China Non Ferrous Metals Co Ltd (Minmetals) – the company now operating as MMG.
In 2011, OZ Minerals purchased the Carrapateena exploration project. A pre-feasibility study was released for the project in 2014. In 2015, a series of parallel initiatives commenced to explore options to de-risk and increase the value of the project.
In 2012, OZ Minerals expanded its Prominent Hill operation to include underground mining at the Ankata Underground mine. In 2015, a second underground mine, Malu Underground, was commissioned. The underground operations were subsequently integrated from an operational perspective.
OZ Minerals relocated its corporate headquarters to Adelaide in July 2015.