OzMin on the prowl
OZ MINERALS is hunting for acquisitions following its strongest quarterly copper production result in five years. But the Adelaide- based miner says it hasn’t been able to find suitable assets, despite weakness in the resources sector. Managing director Andrew Cole said Oz Minerals was beginning to deliver on its growth strategy, which it announced in April, as it looks to make further cost reductions. During the June quarter, the company produced 32,991 tonnes of copper, its best result since 2010.