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23 Sep
03:44

OZ Minerals approves $1.13 billlion copper-nickel project

Australian miner OZ Minerals has approved a final investment to develop its fourth operating asset, the West Musgrave copper-nickel project in Western Australia, for direct capital investment of approximately AUD 1.7 billion ($1.13 billion), Kallanish notes.  OZ Minerals has also entered into credit-approved commitment letters with key relationship banks to provide a new AUD 1.2 billion, 18-month syndicated term loan facility to support development of West Mu…
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