- Oxiana Limited
-
Oxiana Limited Former type Public Industry Mining Founded 1932 Defunct 2008 Headquarters Melbourne, Australia Key people Owen L. Hegarty, Managing Director & CEO Website www.oxiana.com.au Oxiana Limited (OXR) was an Australia-based copper and gold miner and exploration company. The company's operations were located in Laos, Australia, Cyprus and the Philippines. OXR was focused on the operation and development of the Sepon copper and gold project in South East Laos, the Golden Grove copper/zinc mine in Western Australia and development of the Prominent Hill copper/gold deposit in South Australia.
Oxiana was based in Melbourne, Australia, with a focus on Asia and Australia. The company distributed a full year profit of $553 million (AUS) in 2006.
In June 2005, Newmont Australia Ltd sold on the Golden Grove Mine to Oxiana Limited for A$ 265 million.[1]
In February 2007 Oxiana launched a friendly takeover bid for Agincourt, this bid was accepted in April. Oxiana acquired through this the Wiluna Gold Mine, the energy company Nova with its uranium rights at Wiluna and the Martabe Gold Project in Sumatra, currently under construction.[2]
Oxiana sold on the Wiluna Gold Mine in July 2007 to APEX Minerals NL.[3]
On 18 July 2008, shareholders approved a new name for merged companies Oxiana and Zinifex in the form of 'OZ Minerals'.[4]
See also
- Golden Grove Mine
- Prominent Hill Mine
- Wiluna Gold Mine
References
- ^ To Acquire Golden Grove Mine from Newmont Oxiana ASX announcement, published: 24 June 2005, accessed: 11 January 2010
- ^ Oxiana Limited. "Agincourt takeover bid closes". Oxiana Limited. Archived from the original on 31 August 2007. http://web.archive.org/web/20070831222912/http://www.oxiana.com.au/_data/docs/announcements/2007/070416_asx+letter_close+of+offer.pdf. Retrieved 2007-11-02.
- ^ AAP. "Apex acquires Wiluna mine for $80.5m". ninemsn. http://news.ninemsn.com.au/article.aspx?id=274176. Retrieved 2007-11-01.
- ^ OZ Minerals Limited. "Vote ushers in the beginning of OZ Minerals". OZ Minerals Limited. http://www.ozminerals.com/news/news/Vote-ushers-in-the-beginning-of-OZ-Minerals.html. Retrieved 2008-08-12.
External links
Gold mining companies of Australia Active Defunct Great Central Mines · Normandy Mining · Oxiana Limited · Sino Gold Mining · Sons of Gwalia · WMC Resources · Hill 50 Gold Mines LtdCategories:- Companies disestablished in 2008
- Companies formerly listed on the Australian Securities Exchange
- Defunct mining companies of Australia
- Gold mining companies of Australia
- Australian company stubs
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