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”.

OZ full steam ahead at Carrapateena OZ full steam ahead at Carrapateena OZ full steam ahead at Carrapateena OZ full steam ahead at Carrapateena 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.

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