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Government of China Agrees Takes Over OZ Australia Minerals


Planning agent of economics China, National development and Reform Commission ( NDRC) has agreed Government of China $12 Minmetals billion taking over mine OZ Australia Minerals.

Oxiana First-Quarter Gold Output Falls, Copper Gains (Update3)


Oxiana Ltd., the fastest-growing of Australia’s five-largest mining companies, had a 26 percent fall in first-quarter gold output. Zinc production slumped 38 percent and copper production rose.
Bullion produced at its Sepon, Laos mine and the Golden Grove mine in Western Australia totaled 46,398 ounces in the three months ended March 31, the Melbourne-based company said [...]