 | |
| Formerly | Golden Plateau |
|---|---|
| Type | Public |
| ASX: OXR | |
| Industry | Mining |
| Founded | 1932 |
| Defunct | 2008 |
| Headquarters | Melbourne, Australia |
Key people | Barry Cusack (Chairman) Owen Hegarty (Managing Director) |
| Revenue | $1.1 billion (2007) |
| $595 million (2007) | |
| $305 million (2007) | |
| Website | www.oxiana.com.au |
Oxiana Limited was an Australian copper and gold miner and exploration company.
Oxiana was founded in 1932 as Golden Plateau and listed on the Australian Stock Exchange. In the early 1980s, the company shifted its focus from gold mining to gold exploration. In 1995, Golden Plateau was renamed Oxiana Resources and in 2003 to Oxiana Limited. [1]
The company's operations were located in Laos, Australia, Cyprus and the Philippines. It was focused on the operation and development of the Sepon copper and gold project in South East Laos, the Golden Grove Mine in Western Australia and development of the Prominent Hill copper/gold deposit in South Australia.
In June 2005, Oxiana purchased the Golden Grove Mine from Newmont. [2]
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. [3]
Oxiana sold the Wiluna Gold Mine in July 2007 to Apex Minerals. [4]
In March 2008, Oxiana and Zinifex announced they intended to merge. [5] The merger took effect on 20 June 2008 with a rebrand to Oz Minerals on 18 July 2008. [6] [7]
Newmont, based in Greenwood Village, Colorado, United States, is the world's largest gold mining company. Incorporated in 1921, it has ownership of gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname. In addition to gold, Newmont mines copper, silver, zinc and lead.
Yamana Gold Inc. is a Canadian company that owns and operates gold, silver and copper mines in Canada, Chile, Brazil and Argentina. Headquartered in Toronto, the company was founded in 1994 and became listed on the Toronto Stock Exchange in 1995, the New York Stock Exchange in 2007, and the London Stock Exchange in 2020. The company became a gold producer after its 2003 re-restructuring in which Peter Marrone took over as Chief Executive Officer and it merged with Brazilian company Santa Elina Mines Corporation. The combined company was able to use Yamana's access to capital with Santa Elina development properties to bring the Chapada mine into production. From there the company combined with other TSX-listed companies RNC Gold, Desert Sun Mining, Viceroy Exploration, Northern Orion Resources, Meridian Gold, Osisko Mining and Extorre Gold Mines which each contributed either a producing mine or a development project that was able to come into commercial production.
Zinifex was an Australian company that operated lead and zinc mines, refineries and a lead smelter. It was established in April 2004, when the assets of Pasminco were spun-off. In 2008 it merged with Oxiana to form OZ Minerals.
Mining in Papua New Guinea is an important part of the Papua New Guinea economy.
The Wiluna Gold Mine is an active gold mine in Western Australia near the town of Wiluna. The mine was active from 1984 until its closure in 2007 when it was put into care and maintenance, and again from late 2008 to June 2013 when the owners, APEX Minerals, went into receivership.
Nyrstar N.V. is a global multi-metals business, with a market leading position in zinc and lead and growing positions in other base and precious metals, such as copper, gold and silver. Nyrstar has mining and smelting operations located in Europe, North America and Australia. Nyrstar was created in 2007 by combining the zinc smelting and alloying operations of Zinifex and Umicore. It is incorporated in Belgium and has its corporate office in Switzerland. Nyrstar is listed on Euronext Brussels. Nyrstar was acquired by Trafigura in 2019.
China Minmetals Corporation is a Chinese metals and mineral trading company headquartered in Beijing. It is a state-owned corporation under direct supervision of the State-owned Assets Supervision and Administration Commission (SASAC). China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc, and nickel.
OZ Minerals is a mining company based in Adelaide, South Australia.
The Prominent Hill Mine is a major copper, silver, and gold mine in north west South Australia, 130 km south-east of Coober Pedy, which has been developed by Oxiana Limited, later to become OZ Minerals. The deposit is an iron oxide copper gold style mineralisation.
The South Kalgoorlie Gold Mine is a gold mine located south-west of Kalgoorlie, Western Australia. The mine is sometimes also referred to as South Kal Mines - New Celebration, being a merger of the former New Celebration Gold Mine and the Jubilee Gold Mine, which were combined in 2002.
The Golden Grove Mine is a copper, lead, silver, zinc and gold mine located 52 km south-southeast of Yalgoo, Western Australia.
The Gidgee Gold Mine is a gold mine in Western Australia, 82 km north of the town of Sandstone. The mine was, until recently, owned by APEX Minerals NL, but purchased by Panoramic Resources in February 2011. The mine is currently in care and maintenance.
The Youanmi Gold Mine is a gold mine 82 km south-southwest of the town of Sandstone. It is near the abandoned town of Youanmi, in the Murchison Region of Western Australia.
Normandy Mining was an Australian mining company which predominantly mined gold. Normandy was, during much of the late 20th century, Australia's largest gold miner.
Great Central Mines was an Australian gold mining company.
MMG Limited is a mid-tier global resources company that mines, explores and develops base metal projects around the world. MMG's largest shareholder is China Minmetals with 68%.
Equinox Minerals is a mining and exploration company with corporate offices in Perth, Australia and Toronto, Ontario, Canada. It has operations in Peru and Australia. In Zambia it owned the Lumwana Mining Company, but that was bought by Barrick Gold in 2011. Through Liontown Resources Limited and Alturas Minerals Corp., the company has gold and copper-gold exploration interests in Peru and Australia. The Lumwana project which had enough reserves to be productive for 37 years, cost the company one billion dollars to develop. In Zambia it has been credited with supporting social development through projects which aim to build schools, attract professionals to areas around its mine sites. 2010 copper production was 323.4 million pounds 68% higher than in 2009.
Avoca Resources Limited was an Australian gold mining company, based in Perth, Western Australia. It merged in with Anatolia Minerals Development Limited in 2011 to form Alacer Gold.
Lake Way is a dry saline lake located in the Mid West region of Western Australia, approximately 15 kilometres (9.3 mi) south of Wiluna. It also gives its name to a nearby cattle station, the Lake Way Station.
Owen Leigh Hegarty is an Australian mining professional with over forty years experience in the industry. Hegarty worked with the Rio Tinto Group for 24 years, where he held positions of Managing Director Asia and Managing Director of the group's copper and gold business. He founded the Oxiana Ltd Group which grew from a small exploration company into a multi-billion dollar base and precious metals producer, developer and explorer. Oxiana merged with Zinifex to form OZ Minerals in 2008. Hegarty's commentary on the resources sector has been published in various news media including The Age, The Australian, The Australian Financial Review, Jakarta Post, South China Morning Post, Wall Street Journal and other industry-specific publications.
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