OZ commits to ongoing dividend payout

Original article by Peter Ker
The Australian Financial Review – Page: 18 : 20-Jul-18

OZ Minerals produced 54,597 tonnes of copper in the first half of 2018, putting it on track to achieve its full-year target of 100,000 to 110,000 tonnes. Gold output totalled 58,994 ounces, and OZ Minerals expects full-year output of 120,000 to 130,000 ounces. A review of OZ’s capital management strategy is nearly complete, and CEO Andrew Cole has stressed that shareholders will continue to receive regular dividend payments despite a big increase in expenditure on exploration and development.

CORPORATES
OZ MINERALS LIMITED – ASX OZL, AVANCO RESOURCES LIMITED, BHP BILLITON LIMITED – ASX BHP, S2 RESOURCES LIMITED – ASX S2R

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