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OZ Minerals improves cash costs at Golden Grove with Scuddles suspension

Posted 13 January 2009

ASX Releases

As part of its ongoing review of operations OZ Minerals announced today that it would put the Scuddles mine at its Golden Grove operations in Western Australia on care and maintenance.  It is estimated that this will improve operating costs at Golden Grove by US$15 million, reducing total cash costs at the site.

Some of the Scuddles’ resources have been redeployed to the site’s Gossan Hill mine and the focus now will be on improving operations at this site.  It is expected that this re-focusing will lead to a reduction in 2009 zinc production of approximately 25 Download pdf 67 KB