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In March 2009 the Government of Australia blocked the sale, citing national security concerns about the proximity of the Prominent Hill Mine to the RAAF Woomera Range Complex. [5] A revised deal that excluded Prominent Hill was approved in April 2009. [6] In June 2009 China Minmetals' Australian assets were spun off to form MMG.
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 was developed by Oxiana Limited, later to become OZ Minerals, and now owned by BHP. The deposit is an iron oxide copper gold style mineralisation.
The merger took effect on 20 June 2008 with a rebrand to OZ Minerals on 18 July 2008. [6] [7] In 2023, Oxiana (Cambodia) Limited, a foreign subsidiary of Oxiana Limited that later became a part of the Oz Minerals group, was investigated by the AFP over alleged foreign bribery. [8]
Minerals and Metals Group (MMG) was formed after its parent company, China Minmetals, bought almost all mining assets of OZ Minerals in June 2009. [12] The deal in which the Golden Grove, Sepon, Century, Rosebery, Avebury, Dugald River, High Lake and Izok Lake Mines as well as some exploration assets were sold for US$1.354 billion by OZ Minerals to China Minmetals, [13] initially also ...
Minerals and Metals Group was formed after its parent company China Minmetals bought the mine from OZ Minerals in June 2009. [11] Golden Grove was part of a deal in which the Sepon, Century, Rosebery and Avebury Mines, the Dugald River, High Lake, and Izok Lake Projects, as well as some exploration assets were sold for US$1.354 billion by OZ ...
An electric plate cooktop. A cooktop (American English), stovetop (Canadian and American English) or hob (British English), is a device commonly used for cooking that is commonly found in kitchens and used to apply heat to the base of pans or pots. Cooktops are often found integrated with an oven into a kitchen stove but may also be standalone ...