BASE METALS

Cole leads OZ Minerals reboot

Market commentary around OZ Minerals’ share price surge a year ago had the company’s fortunes rising on copper market optimism, and improved prices for the red metal, and drivers of its 150% market-value gain since Andrew Cole took over as CEO in December 2014 could be viewed through the same prism. Cole, though, has a different view.

Andrew Cole [left] and Chris Larkin, Kokatha Aboriginal Corp chairman, at the opening of Carrapateena's decline

Andrew Cole [left] and Chris Larkin, Kokatha Aboriginal Corp chairman, at the opening of Carrapateena's decline

He says OZ’s flagship asset, the Prominent Hill copper-gold mine in South Australia, was being valued as a very short-life mine when he assumed the managing director’s role from Terry Burgess 2.5 years...

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