OZ Minerals said on Tuesday that it has obtained approval from the South Australian government to develop its next phase of the Carrapateena copper and gold project worth approximately US$704 million.
It is reported that the mine has been approved by the Australian government EPBC (Mining Leasing and Environmental Protection and Biodiversity Conservation Act), and its average annual production is expected to be 65,000 tons of copper and 67,000 ounces of gold.
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