CAPITAL MARKETS

OZ sets its sights on Romania

COPPER-gold producer OZ Minerals has confirmed it will today participate in an auction for Romanian state-owned company SC Cuprumin SA Abrud, operator of a copper porphyry mine, with the minimum sale price set at $US79.5 million ($A75.8 million).

Kristie Batten
OZ sets its sights on Romania

The auction will be held at 11am (7pm AEDT) in Bucharest with three other bidders to go up against OZ.   The Netherland’s Dundee Holding, Canada’s Roman Copper Corp and Ellazite-Med AD, a subsidiary...

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