Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

OZ Minerals Ltd.

Publié le 19 avril 2015

OZL: OZ Minerals New Strategy Announced

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Copper | Report |

OZL: OZ Minerals New Strategy Announced

ASX Release

20 APRIL 2015

ASX Release

OZ Minerals announces new Strategy

Earning the Potential to Grow

OZ Minerals Managing Director and CEO Andrew Cole today announced the Company's
new strategy following the completion of a three-month whole of business review.

Highlights:

Copper-focused Company targeting the acquisition of value accretive assets throughout Australia and globally with expanded search criteria into other base metals and gold where core capabilities are easily transferable.

A lean business with reduced costs and value driven performance from the key operation in Prominent Hill underpinned by world-class safety performance.

New flatter corporate team focussed on strategy delivery with key appointments made or impending, supporting a new lean decentralised business with empowered and accountable leaders operating the assets.

Rigorous focus on building a customer-centric Company delivering to customer needs.

Implementation of a new dividend policy targeting a minimum shareholder return of 20 percent of net cash generation not required for investing or balance sheet activity.

"The resources sector and cycle is shifting rapidly," said Mr Cole. "OZ Minerals response is to become a leaner, highly agile and decisive Company focused on growth and creating long-term value."
"We have, and will continue to make changes across the entire business from a position of operational and balance sheet strength. Our new strategy will touch every part of our operation and demand a new way of working"
"The Company is ideally positioned to maximise cash generation from Prominent Hill as open pit waste movement falls and copper production continues at a strong run-rate."
"Changes in the resources cycle bring opportunities and this strategy is about ensuring we have the foundation and appropriate culture and discipline to capitalise on those."
Today's announcement follows the rollout of several additional significant strategic changes over the last three months:

Relocating the corporate function to Adelaide.

Carrapateena initiatives announced on infrastructure and processing technology.

Strategic partnership with the South Australian Government.

Divestment of Sandfire Resources shareholding.

OZ Minerals Chairman Neil Hamilton said: "A number of positive actions have already been taken over the last 90 days and the Board is, and will continue to be, supportive of decisive action. The

01


Board is confident that the strategy announced today provides a clear path to creating value for our shareholders from OZ Minerals' existing assets and through the more aggressive pursuit of growth."
OZ Minerals today also released its Q1 Quarterly production report and 2015 guidance. Full details
are provided in a report listed with the ASX and on the Company's website but operational highlights
include:

Strong Q1 production of 31,160 tonnes of copper and 32,874 ounces of gold sets a robust foundation to deliver 2015 guidance of 110,000 to 120,000 tonnes of copper and 100,000 to 110,000 ounces of gold.

Early decisions taken to deliver cost savings of $44m.

Overall improvement in safety across its operations.

OZ Minerals' Strategy - Earning the Potential to Grow.

Mr Cole today detailed the new Earning the Potential to Grow strategy in the accompanying presentation, with an overview being;
To create value for our shareholders and other stakeholders, OZ Minerals will focus on four areas:

Lean business: Fit for purpose today with an agile and flexible approach to opportunity.

Multiple assets: Build and maintain a portfolio of valuable, risk managed cash generating assets.

Copper core: Foundation built on copper with base metals and gold opportunistically pursued if value can be generated.

Customer focus: Preferred supplier of mineral products to our customers.

Actions will be underpinned by keeping our workforce safe, maintain our commitment to strong values and disciplined deployment of capital.
The measure of our success will be determined by consistently delivering against strategy.

We're driving a LEAN, highly agile and decisive BUSINESS

Companywide restructure to create decentralised business with corporate focussed on strategy execution and assets focussed on operational delivery

A targeted plan to achieve additional and ongoing savings to fuel further Company growth.

Contracts will be managed to maximise value for OZ Minerals.

A focus on achieving reliable and predictable production.

We will have a portfolio of MULTIPLE value accretive ASSETS

Copper maintains a positive outlook with tightening supply post 2016. OZ Minerals' has a strong expertise in copper and these capabilities are transferable to other base metals and potentially gold.

OZ Minerals will pursue and develop a balanced asset pipeline with a renewed focus on operations currently generating cash or capable of doing so in a reasonable period of time. A new investment criteria without size or geographic limitation has broadened the scope with a focus on balancing risk with value.

OZ Minerals owns one of the most promising mineral districts in the world with Carrapateena and the regional discoveries at Khamsin and Fremantle Doctor. Work has commenced to increase the value, reduce the risk and defray the initial capital required for Carrapateena, increasing its attractiveness to potential partners. These are:

­ A partnership with the South Australian Government to explore the potential for joint development of infrastructure.

­ Undertaking a rail infrastructure pre-feasibility study and evaluating third party build/own/operate financing options.

­ Investigating a hydrometallurgical concentrate treatment process to increase copper in concentrate to 55-60 percent with a significant reduction in deleterious elements. A demonstration plant trial

has commenced.

We will relentlessly drive VALUE CREATION

The strategy has a clear value proposition to create value for shareholders, underpinned by a disciplined capital approach.

OZ Minerals' revised dividend policy represents a disciplined and transparent approach. OZ Minerals will endeavor to pay a minimum of 20 percent of net cash generation, subject to investing and balance sheet activity. The policy will allow transparent and consistent distributions to shareholders.

We have already started to deliver on many fronts and will be held to account for continuing this trend

Lean Business

Multiple Operations

Achieved

New strategy and new targets.

Relocating Corporate office.

Restructuring whole of business.

Divested Sandfire equity.

Suspended Fremantle Doctor exploration.

Revised mine plan.

Favourable external market.

New investment criteria defined.

Commenced active due diligence.

Future

actions

Improve safety performance.

Strengthen and embed lean accountability. New Adelaide corporate team.

Further de-risk Malu open pit. Grow concentrate 'toolbox'.

Supplier optimisation and value extraction.

Expand pipeline of opportunities.

Add new assets/operations to portfolio. Prominent Hill Malu Deeps study. Carrapateena value adding studies.

Partner for Carrapateena (FS and Decline). Disciplined exploration activities.

Further information on the new strategy is provided in the accompanying presentation. Please also refer to the Q1 Quarterly Production report.
For further information please contact: Peter Hannam
Acting Head of Investor Relations
T 61 3 9288 0288
M 61 418 391 501
[email protected]

Lire la suite de l'article sur www.noodls.com

OZ Minerals Ltd.

PRODUCTEUR
CODE : OZL.AX
ISIN : AU000000OZL8
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

OZ Minerals est une société de production minière de cuivre et d'or basée en Australie.

OZ Minerals est productrice de cuivre, d'or, d'argent et de zinc en Australie, et détient divers projets d'exploration en Australie.

Ses principaux projets en production sont PROMINENT HILL et GOLDEN GROVE COPPER en Australie et ses principaux projets en exploration sont OKVAU-OCHUNG, OU ANLONG et O KHLEK KHLOK au Cambodge, THAI GOLDFIELDS en Thailande et CARRAPATEENA et DUGALD RIVER en Australie.

OZ Minerals est cotée en Australie. Sa capitalisation boursière aujourd'hui est 8,4 milliards AU$ (6,1 milliards US$, 5,5 milliards €).

La valeur de son action a atteint son plus bas niveau récent le 13 décembre 2013 à 1,92 AU$, et son plus haut niveau récent le 03 mai 2023 à 28,19 AU$.

OZ Minerals possède 298 660 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Dans les médias de OZ Minerals Ltd.
06/03/2019OZ Minerals asks – can open data and A$1m change exploration...
27/02/2019Oz Minerals annual profit slips but Prominent Hill project o...
07/06/2018OZ Minerals closer than ever to grabbing Brazil-focused Avan...
12/02/2014Australia's OZ Minerals CEO to go, seeks partner, acquisitio...
Rapports annuels de OZ Minerals Ltd.
2012 Annual Report, Business Review and Sustainability Repor...
Annual Report, Business Review and Sustainability Report ava...
Nominations de OZ Minerals Ltd.
04/07/2011Appointment of Non Executive Director
09/02/2010appoints two new Directors – including prospective Chairman
23/07/2009Board Appointment
28/05/2009Appointment of Acting Chief Executive Officer
27/05/2009appointment of new MD/CEO
22/05/2009announcement of Executive appointments
Rapports Financiers de OZ Minerals Ltd.
09/08/2016OZ Minerals 2016 Half Year Financial Report Presentation
21/04/2016March 2016 Quarterly Report
12/08/20152015 half year financial results
21/07/20152015 second quarter report and presentation
12/02/20142013 full year financial results
15/01/20142013 Fourth Quarter Report and Presentation
14/08/20132013 Half year financial results
08/02/20112010 Full Year Financial Results
26/02/20092008 Full year financial results
Projets de OZ Minerals Ltd.
22/09/2016Withdrawal from Jamaican joint ventures
31/07/2016OZ Minerals secures Australia’s largest undeveloped copper n...
28/11/2013(Carrapateena)2013 Carrapateena Annual Resource update
22/04/2013March 2013 Quarter Production Result
14/03/2013(Carrapateena)Approval to progress advanced exploration activities at OZ M...
23/01/2013December 2012 Quarter Production Result
23/10/2012September 2012 Quarter Production Result
25/07/2012June 2012 Quarter Production Result
26/04/2012March 2012 Quarter Production Results
17/01/2012December 2011 Quarter Production Results
19/07/2011June 2011 Quarter Production Results
09/05/2011(Carrapateena)Acquisition of Carrapateena copper project complete
14/04/2011March 2011 Quarter Production Results
15/03/2011(Carrapateena)acquires Carrapateena copper project
15/07/2010(Prominent Hill)Project Approved
10/05/2010(Prominent Hill)New Drill Intersections announced in presentation to analyst...
12/06/2009(Golden Grove)Mill outage at Golden Grove
18/05/2009(Prominent Hill)Resources increased at Prominent Hill Western Copper Zone
26/02/2009(Prominent Hill)First production from Prominent Hill copper-gold operation
19/12/2008(Avebury)responds to low nickel price by placing Avebury on care and ...
24/09/2008(Prominent Hill)Increase in copper and gold resource base at Prominent Hill
16/09/2008(Prominent Hill)Prominent Hill commissioning to commence in October 2008
Communiqués de Presse de OZ Minerals Ltd.
26/07/2016OZ Minerals Half Year Financial Results > view webcast here
06/07/2016OZ Minerals June 2016 Quarterly Report > view webcast here
08/06/2016OZ Minerals 2016 Analyst Visit Presentation
30/05/2016Drilling underway with OZ Minerals at Eloise JV
24/05/2016ASX AGM 2016 Speech and Presentation
20/05/2016OZ Minerals 2016 Annual General Meeting: View webcast here >
06/05/2016Carrapateena Update - May 2016
05/05/2016OZ Minerals Carrapateena Update: View webcast here>
04/05/2016Highly prospective copper targets to be drilled on Eloise Pr...
04/05/2016Cost saving program: $20m delivered, sights set on $25m more
04/05/2016OZ Minerals March 2016 Quarterly Report
04/05/2016Appointment of new Non-Executive Director
04/05/2016OZ Minerals March 2016 Quarterly Report Presentation
27/01/2016Quarterly Report Period Ended 31 December 2015
23/10/2015OZ Minerals boosts forecast copper output, weak Aussie dolla...
12/08/2015Edited Transcript of OZL.AX earnings conference call or pres...
12/08/2015Edited Transcript of OZL.AX earnings conference call or pres...
21/07/2015Gold's fall threatens to cool temperature of mining M&As
19/04/2015OZL: OZ Minerals New Strategy Announced
09/04/2015Wallbridge Announces Ni-Cu-PGM Intersections at Parkin Prope...
25/03/2015OZL: OZ Minerals disposes of stake in Sandfire
25/03/2015Sale of shares by OZ Minerals
20/03/2014OZ Minerals Corporate Update March 2014
11/03/2014Date of Annual General Meeting
11/03/2014OZ Minerals Corporate Update March 2014
28/01/2014ASX Announcement
11/12/2013(Prominent Hill)2013 Prominent Hill Reserves and Resources Statement and Pro...
21/10/2013Information on OZ Minerals' Debt Facility
14/10/2013September 2013 Quarterly Report and Presentation
18/09/2013Investor Roadshow presentation
25/07/2013OZ Minerals June 2013 Quarterly Report
25/07/2013OZ Minerals 2013 June quarterly results – webcast details
25/07/20132013 June quarterly results
28/05/2013Results of Annual General Meeting 2013
28/05/2013OZ Minerals AGM 2013: Chairman and MD & CEO's AGM address an...
28/05/20132013 Chairman and MD & CEO's AGM address and presentation
07/05/2013(Carrapateena)Carrapateena analyst tour presentation
06/05/2013(Prominent Hill)Prominent Hill analyst tour presentation
06/05/2013Significant copper mineralisation returned from Khamsin pros...
21/01/2013(Carrapateena)2012 Carrapateena Mineral Resource and Prominent Hill Minera...
28/05/2012results of Annual General Meeting 2012
28/05/2012AGM 2012: Chairman and MD & CEO's AGM address and presentati...
10/05/2012' Cambodia sale process complete
27/03/2012Auction of SC Cupru Min SA Abrud
20/02/2012Sale of Cambodian Assets
29/12/2011Train derailment
16/12/2011(Prominent Hill)Prominent Hill 2011 Annual Mineral Resource and Ore Reserve ...
01/07/2011Court Approval of Settlement of Class Actions
21/06/2011' share buyback - Appendix 3C
10/06/2011completes return of capital and share consolidation
10/05/2011Conditional settlement of class actions
02/05/2011(Carrapateena)Ministerial approval for Carrapateena transfer
20/03/2011ATO Ruling: Proposed OZ Minerals capital return not a divide...
17/08/2010Reversal of impairment to appear in up-coming half-year acco...
02/07/2010Acquires major stake in Sandfire Resources
19/04/2010Annual General Meeting Correspondence Released Today
13/04/2010New Chairman elected to OZ Minerals Board
13/04/2010IMX Resources sign copper-gold exploration joint venture in ...
18/03/2010Initial mineral resource for Cambodian gold project
18/03/2010Convertible Bond Status
29/11/2009Strategy Briefing & Announcements
15/10/2009September 2009 Quarterly Report
07/10/2009Statement of Claim lodged
18/09/2009Chief Executive Officer Share Purchases
15/09/2009Toro share placement
09/09/2009Management changes
13/08/2009Management change
05/08/2009' 2009 Diggers and Dealers presentation
30/06/2009Martabe sale completed
25/06/2009Martabe sale approved by China Sci-Tech
23/06/2009Successful placement of parcel of Toro Energy shares by OZ M...
17/06/2009Completion of transaction with Minmetals
11/06/2009No recapitalisation proposal to be provided
08/06/2009Recapitalisation proposals inferior to Minmetals proposal
05/06/2009No recapitalisation proposal received
04/06/2009Response to media speculation
03/06/2009Minmetals offer receives all approvals before shareholder vo...
27/05/2009FIRB approval received for Martabe sale
18/05/2009China’s NDRC approves Minmetals’ transaction with OZ Mineral...
27/02/2009secures approval from banking syndicate
23/02/2009Minmetals satisfactorily completes confirmatory due diligenc...
18/02/2009Cash Offer by Minmetals - Clarification
16/02/2009Lifting of Suspension
16/02/2009recommends all cash offer of 82.5cps by Minmetals
13/02/2009flags possible asset write-downs of between $2.3b and $2.8b
22/01/2009Bridging finance agreement completed. Societe Generale secu...
13/01/2009improves cash costs at Golden Grove with Scuddles suspension
30/12/2008debt extension and share suspension continuation
18/12/2008Highlights from today’s Board meeting
11/12/2008Planned legal action against OZ Minerals
10/12/2008Finance Update
04/12/2008on OZ Minerals Balance Sheet.
01/12/2008Request for Voluntary suspension of shares.
25/11/2008to defer projects and cut operating costs
10/11/2008to conduct review of capital and operational expenditure
22/10/2008Drake to Advance OZ Minerals' Alliance Projects
22/07/2008Vote ushers in the beginning of OZ Minerals
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
AUSTRALIA (OZL.AX)
28,19+0.00%
AUSTRALIA
AU$ 28,19
03/05 11:00 -
0%
Cours préc. Ouverture
28,19 28,19
Bas haut
28,19 28,19
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  28,19 -%
Volume var. 1 mois
0 -%
24hGold TrendPower© : 27
Produit Copper - Gold - Silver
Développe
Recherche Copper - Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 21/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
20240,00%
20231,04%28,2127,86
2022-1,13%29,7515,82
202149,47%28,7918,35
202076,12%9,9910,00
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,28 AU$+1,75%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 +100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
9,33 US$+0,43%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,60 GBX+3,28%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,05 CA$-9,09%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,23 -0,89%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 +0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
14,42 +3,30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,32 +1,59%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,21 +5,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,11 +5,50%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
42,42 US$+1,51%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
0,00 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.