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OZ full steam ahead at Carrapateena

COPPER-gold producer OZ Minerals is quickly advancing its Carrapateena project and while production is still some years away managing director Terry Burgess said capital costs of $A2 billion would be a “reasonable guesstimate”.

Kristie Batten
OZ full steam ahead at Carrapateena

Burgess suggested costs could comprise $1 billion each for the open pit and underground, comparing it to Newcrest Mining’s $1.9 billion Cadia East project currently in development. “It’s a figure we...

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