CAPITAL MARKETS

OZ profit falls 45%

OZ Minerals has reported lower profits for 2012, but has announced a “meaningful” dividend at the top of the payout range.

Kristie Batten
OZ profit falls 45%

Net profit after tax fell to $A152 million from $274.5 million on revenue of $985.7 million, down from $1.1 billion on sales from the Prominent Hill copper-gold mine in South Australia. Earnings before...

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