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Oxiana on track

BALANCE sheet charges reduced Oxiana Resources’ half-year profit result to $17.3 million, but the gold and copper miner says it remains on track in terms of increased full year production from its Sepon operations in Laos.

Ben Sharples
Oxiana on track

The $17.3 million profit (compared to $20.79 million in 2004) was reduced by interest on debt facilities and depreciation due to expanded gold production and the commissioning of the copper plant at Sepon....

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