Oxiana will Agincourt?

Australlien legt zu, Oxiana im Fokus

Sydney 16.04.08 (www.emfis.com) In Australien kann die Börse ihre Erholung weiter fortsetzen. Der ASX steigt um 1,1 Prozent. Rohstoffe legen weiter zu und vor allem der Ölpreis. Dieser nähert sich der neuen Rekordmarke von 114 US Dollar pro Barrel. Das wiederum treibt die entsprechenden Werte an. Auch an der Finanzfront ist nach Äußerungen des Chefs von Lehman Brothers ein Aufatmen zu verzeichnen.
Im Fokus steht die Aktie von Oxiana  Das Unternehmen, welches Zinifex  übernehmen wird, teilte mit, dass die größte Kupfermine in Laos ihr Produktionsmenge um 24 Prozent steigern konnte und die Golden Grove Mine in Westaustralien ihre Produktion um 9 Prozent erhöhte. Das verschafft der Aktie einen Aufschlag von 4,4 Prozent. Zinifex  
Quelle : http://www.emfis.de/global/global/nachrichten/...m_Fokus_ID69227.html  

16 April 2008 Please find attached Oxiana’s March 2008 Quarterly Report. A summary is provided below: Sepon Copper Record quarterly copper production at Sepon. The Sepon copper expansion is on track for completion at the end of 2009. Significant primary copper Resources are beginning to be delineated. Sepon Gold Strong gold production of 24,235oz. The oxide gold Resource at Houay Yeng continues to be extended. Golden Grove Record volumes of ore mined and milled saw record copper production for the quarter. Expansion studies on schedule for open-pit mining of surface gold and copper orebodies in 2009 and expanded underground mining in 2012. Updated Resource modelling increases zinc Resources by 25% to 1.49Mt and copper Resources by 32% to 748,000t. Prominent Hill Construction and installation work during the quarter progressed well. Mining is ahead of schedule and infrastructure is 58% complete. Delays in delivery of key equipment will see first production in the fourth quarter of 2008. Underground mining scoping studies nearing completion with first expanded production scheduled for 2011. Martabe Final approvals for Indonesia proceeding on schedule. Preferred EPCM contractor named. A presentation on this announcement is available on Oxiana's website at

www.oxiana.com.au

. Kind regards, Richard Hedstrom Corporate Affairs Manager Oxiana Limited 61 3 8623 2210 61 3 8623 2222 rhedstrom@oxiana.com.au

 

 

oder, so darf es weitergehen !  

holen.
Hab sie nun schon länger auf der WL und es könnte sich lohnen. Zumindest Chance / Risiko ist gut.

hoffe natürlich auf Trend nach oben.

Kurs 2,01?  

hab immer das "Glück" zu kaufen und erstmal ins minus zu laufen...

Na ja, denke trotzdem das es wieder steigt, ist halt ziemlich volatil.

Schönes Wochenende

1.1 Du beobachtest monatelang einen Wert und schlägst endlich zu und kaufst - garantiert fällt in der nächsten Zeit  der Kurs!  
1.2 Du beobachtest tagelang einen fallenden Wert in deinem Depot und verkaufst endlich  - garantiert steigt in der nächsten Zeit dieses Papier !
Trotzdem viel Glück in der nächsten Zeit.
Die Polymetaller sind jetzt lange genug seitwärts gelaufen und ich habe mich in der Zwischenzeit auf Kalium spezialisiert und komme erst wieder zurück , wenn die Chartanalyse besser als im Moment aussieht.
Schönen Vatertag !  

http://www.news.com.au/heraldsun/story/...664,00.html?from=public_rss
OXIANA, which has agreed to a $6.2 billion merger with Zinifex, has received the final approvals for its $US310 million ($A332.23 million) Martabe gold project in Indonesia.
The copper and gold miner said yesterday it had received the construction permit from the Indonesian Government.

The miner said the permit would allow development of Martabe to start "shortly".
The gold project, located in north-western Sumatra, is expected to produce about 200,000 ounces of gold.
It is also believed to be able to deliver some two million ounces of silver over a nine-year life from 2009.

The company said the potential for an expansion to the mine life was considered to be "high".

It said exploration was continuing to test extensions to the main deposit.

Oxiana shares fell 11, or 3.25 per cent, to close at $3.27.

Meanwhile, Oxiana said power supply options for the project were "currently being finalised".
The company is in discussions with the Indonesian state power authority to provide grid power to the project.Such a deal could yield capital savings of about $US16 million and operating cost savings of about $US4 million a year.
Oxiana also said final negotiations were under way with Ausenco Services for the award of the engineering, procurement and construction management contract for Martabe.The two companies have worked together before.

http://www.moneymanager.com.au/articles/2008/04/28/1209234756949.html
Oxiana's second major development is the Martabe gold and silver project in Indonesia. Construction at the site will begin once the Indonesian Government grants approval, which is expected in the coming weeks. Martabe is a huge resource estimated to contain some 6 million ounces of gold and 60 million ounces of silver. The project offers significant exploration benefits and future resource upgrades are probable in the future.

The outlook The proposed Zinifex merger will almost certainly dilute Oxiana shareholders' promising exposure to these projects. However, the merger also effectively de-risks shareholders through increased project and metal diversification. Moreover, the larger combined entity elevates the company into the major league in terms of market capitalisation. This will in our view reduce (but not eliminate) the likelihood of Oxiana being subject to a takeover offer any time soon. This is especially so given the larger resource players are somewhat preoccupied at the moment.

Price Oxiana's share-price performance has been disappointing following the merger announcement. After reaching a three-month high of $3.47, the stock fell sharply to a recent low of $2.97. We believe this is nothing more than a correction in a continuing bull trend.

Worth buying?If the company can deliver, production and earnings are set for a significant lift in 2009. In terms of value, Oxiana's consensus price-to-earnings ratio falls from more than 16 times this year to less than eight times 2009 earnings. Oxiana is cheap in our opinion and we would avoid a potential rush later this year and buy stock now.  

vielleicht mal auf die Sprünge helfen.

Spread um 30% sind einkalkuliert. Bestand 1500 Stück.

Heute Vatertag, Wetter gut, Börse zu, also bis dann.

denke kommt zurück.

und fällts noch tiefer?

Wird spannend.

Nach einem Monat Pause kann man sich Gedanken machen hier wieder bzw. bei Zinifex einzusteigen - viel günstiger wird es wohl nicht werden -oder ?  

und das nur wegen einem "Feuerchen" ?
Me-Preise ziehen an .
Wer weiß mehr über Zinifex(heute +3,36%) und OXIANA ?
Schönes WE
K.  

sieht aus als wenn sie derzeit weiter fällt.

Warte aber noch ab, mangels cash.

Scheint so, als ob ZINIFEX und OXIANA die "Talfahrt" beenden wollten.
Wird auch Zeit !  

Emerging-Markets-Meldung:

Metals Review 11.06. - Entscheidung der Fed am 25. Juni zu den Leitzinsen

12.06.2008 - Rohstoffe-Go - Stuttgart (www.rohstoffe-go.de) Die an der LME gehandelten Basismetalle schlossen gestern uneinheitlich. Am Morgen sorgte steigende Lagerbestände für sinkende Preise, die Verluste konnten jedoch am Nachmittag durch einen schwächeren US-Dollar grösstenteils wieder wettgemacht werden. Der US-Dollar wurde durch Ausagen von EZB-Ratsmitglied Stark über mögliche Leitzinserhöhungen in der Euro-Zone unter Druck gesetzt. Die Nachrichten aus der Industrie waren bullisch, bedeutende Konjunkturdaten Mangelware. China konnte im Mai unerwarteterweise von einem deutlichen Anstieg der Exporte profitieren. Die durch die chinesische Regierung eingeleiteten Maßnahmen zur Inflationsbekämpfung scheinen sich bis zum jetzigen Zeitpunkt nicht negativ auf die Wirtschaftsaktivität auszuwirken. Die Fed veröffentlichte am Mittwoch das "Beige Book", indem weiter ein recht düsteres Bild der US-Konjunktur gezeichnet wird. Insbesondere der Immobilienmarkt stehe weiter unter erheblichem Druck. Sowohl die Industrie als auch die Verbraucher haben mit den starken Preiserhöhungen bei Energie und Rohstoffen wie Metallen und chemischen Vorprodukten zu kämpfen. Die amerikanische Notenbank hat ihre Warnung vor der hohen Inflation in dem Bericht weiter verschärft. In diesem Zusammenhang wird mit Spannung die Entscheidung der Fed am 25. Juni zu den Leitzinsen in den USA erwartet. Norilsk Nickel und Rusal stehen in Verhandlungen über eine mögliche Fusion. Dies würde zur Enstehung eines neuen Giganten auf dem Metallmarkt führen.


Basismetalle


Kupfer mit plus 0,7% auf $7.920. Die chinesichen Kupferimporte gingen im Mai um 19,2% zurück, was aufgrund der hohen Kupferpreise nicht verwundern dürfte. Minenarbeiter der Cananea Kupfermine lieferten sich am Dienstag Straasenschlachten mit der Polizei vor dem mexikanischem Arbeitsministerium. Oxiana gab bekannt, die Kupferproduktion in der Sepon Kupfermine in Laos wieder aufgenommen zu haben. Aluminium gibt leicht um 0,2% auf $2.960 nach. Alcoa beklagt Produktionsausfälle in Australien aufgrund der Schwierigkeiten  mit Benzinlieferungen in der Provinz Western Australia. Zink mit minus 0,7% auf $1.920. Blei verbilligt sich um 4,3% auf $1.880. Nickel mit minus 0,8% auf $23.200. Zinn kann um 0,6% auf 21.500 zulegen.
Die indonesische Regierung plant, ein Limit für die jährliche Zinnproduktion in Höhe von 100.000 Tonnen durchzusetzen. Die Stahlfutures wurden gestern nicht gehandelt. Rio Tinto muss sich mit einem Review der Verträge über  das Simandou Eisenerzprojekt in Guinea mit einem Investitionsvolumen über 6 Milliarden USD auseinandersetzen.


Edelmetalle


Die Edelmetalle konnten sich im gestrigen Handelsverlauf etwas erholen, unterstützt durch einen schwächelnden US-Dollar, steigende Ölpreise und bullische Nachrichten aus der Industrie. Gold mit plus 1,8% auf $882,30. Silber verteuert sich um 1,8% auf $16,90. Platin mit plus 2,3% auf $2.035,50. Palladium mit plus 0,9% auf $429,25.


Wechselkurse


EUR/USD 1.5568 0.7%
USD/JPY 106.84 -0.5%
AUD/USD 0.9484 0.2%
USD/ZAR 8.0224 0.5%


Ölpreis


NYMEX   135.34 3.1%


Aktienmärkte


Dow Jones  12116.8 -1.4%
S&P 500  1341.2 -1.3%
Nikkei 14183.5 1.2%
FTSE 5723.3 -2.6%


Minenindizes


Phil Gold & Silver  179.5 1.5%
S&P/TSX Gold  2759.4 1.8%
Johannesburg Gold 2299.4 -2.8%
S&P/TSX M&M  3477.8 1.3%


Sven Waidelich
( EMFIS )

 

OXIANA AND ZINIFEX ANNOUNCE A PROPOSED NEW NAME –

OZ MINERALS LIMITED

Today the name proposed for the merged Company of Oxiana and Zinifex was announced at a Zinifex Scheme Meeting to vote on the merger. An announcement on the results of the Zinifex Scheme Meeting vote will occur later today. Final approval of the Scheme is subject to Court approval on 20 June 2008. The proposed name is OZ Minerals Limited. Shareholder approval of the new name will be sought at an Oxiana Extraordinary General Meeting on 18 July.

The proposed ASX code for the new company is

OZL.

OZ Minerals is a strong name representing the powerful heritage and achievements of both companies. Taking the first letters from the names of both companies also symbolises this merger of equals. Oxiana’s Managing Director and CEO Owen Hegarty said “OZ Minerals is a bold name reflecting the coming together of two successful companies. OZ Minerals will have an enhanced position in the global mining sector. “With its new scale and capability OZ Minerals will be poised for growth and will work rapidly to capitalise on the opportunities presented by continuing strong fundamentals for commodities.” Please visit new website www.oxianaandzinifex.com to view a video presentation from Owen Hegarty and Andrew Michelmore and to view information about the merged group.

Kind regards,

Richard Hedstrom

Corporate Affairs Manager

 

Merged Oxiana-Zinifex eyes coal seam gasFont Size: Decrease Increase Print Page: Print Matt Chambers | June 18, 2008
IN an attempt to stave off surging energy costs, the combined Oxiana-Zinifex could look at grabbing a slice of Queensland's booming coal seam gas industry, the head of the new company says.

Zinifex chief executive Andrew Michelmore, who will be head of a merged company to be called OZ Minerals, says he is keen to hedge energy costs at Century -- the world's second-biggest zinc mine, near Mount Isa.

"We would be interested in locking up supply" of CSG in Queensland as a part-owner of assets, Mr Michelmore said yesterday in an interview. He said OZ had no plans to become active in CSG exploration or getting into production itself, which were areas outside its expertise.

Zinifex shareholders voted last Monday to merge with Oxiana to form OZ, which would have a market value of $9 billion and was formed partly to enable bigger acquisitions than either company could make on its own.

Oxiana shareholders do not need to vote on the deal, but can vote down the name change next month. The merger is expected to be sanctioned by the courts on Friday.

Mr Michelmore said he was looking to make OZ a "leader in mid-caps" globally, which would mean growing the value of the company to more than $20 billion.

OZ, with $1.2 billion cash in the bank, has flagged acquisitions worth up to $3 billion and will look at base metals, where it is already heavily entrenched, as well as bulk commodities such as iron ore, and energy assets including coal, uranium and natural gas.

Indonesian thermal coal assets were also an area of interest, Mr Michelmore said, again pointing to the urge to hedge energy costs at nearby operations.

Oxiana is currently preparing to produce 200,000 ounces of gold and 2 million ounces of silver a year from late 2009 at the Martabe project in North Sumatra. Mr Michelmore said energy acquisitions could come in the form of small or large purchases.

Credit Suisse analysts have downgraded Oxiana, which is technically taking over Zinifex and being renamed, to underperform from hold on post-merger valuations.

"We remain positive on copper and see this as a key driver of the outlook for OZ," Credit Suisse analyst Michael Slifirski said. "However, the company will be judged on the perceived performance of the new management team, and the quality of the acquisitions."

After the merger, shareholders of Oxiana and Zinifex will hold 50 per cent each of the new company.
QUELLE:

http://www.theaustralian.news.com.au/story/...81192-5005200%2C00.html
 

Aufgepasst, nächste Woche dürfte sich die Richtung ändern - Hoffentlich  

Oz Minerals, the world's second-largest zinc mining company formed by Oxiana's takeover of Zinifex, expects prices of the metal to rebound from 2010 as supplies from mines dwindle.

''Certainly the zinc prices have come off a lot, there is a very bearish view in the market, an anticipated surplus this year and next year,'' Zinifex chief executive Andrew Michelmore said in an interview with Bloomberg Television. ''However, as we look forward there is a shortage of zinc production in 2010, 2011 and we expect a considerable turnaround in prices.''

Zinc has dropped 21% this year with between 15 and 20% of global production now costing above the current zinc price, Credit Suisse analysts said yesterday. Oz Minerals may study acquisitions for as much as $4 billion, including coal, natural gas and hydro power assets.

''Laos is very interesting, it is a net exporter of hydro electric power and there are a number of opportunities close by to our operations,'' said Michelmore, who will become CEO of the new company. ''As we want to expand our operations there then we will need more energy. If there is an opportunity for us to get involved with the power projects there we would certainly take it.''

Zinifex fell 10 cents, or 1.2%, to close at $8.63, while Oxiana gained 1.8% to $2.69.  Melbourne-based Oxiana agreed to buy Zinifex for 3.1931 of its shares for each Zinifex share on March 3. Zinifex shareholders approved the transaction on June 16.

The company may raise debt and consider acquisitions of as much as $4 billion, Melbourne-based spokesman Matthew Foran said today by phone. Oz Minerals may take on $3 billion in debt, the Australian Financial Review reported, citing Michelmore. The new company will have $1.2 billion in cash, he said June 16.

Quelle:
http://business.smh.com.au/...-zinc-prices-to-rise-20080618-2sjf.html  

 

 

03 July 2008





AUSTRALIAN STOCK EXCHANGE AND MEDIA RELEASE

OXIANA EXPANDS ITS INDONESIAN STRATEGY IN AGREEMENT WITH PT ANTAM






Oxiana Limited (ASX: OXR) has executed a Memorandum of Understanding ("MOU") with the major Indonesian mining company PT Antam Tbk ("Antam"). Execution of the MOU represents an important step in Oxiana’s broader strategy in developing a strong presence in the highly prospective mining environment in Indonesia.


The basis of the MOU is the agreement of both Companies to cooperate in examining opportunities and form joint ventures or other cooperative ventures for the exploration, development and operation of precious or base metal or bulk commodity projects within Indonesia.

The first transaction to be considered under the MOU is the acquisition by Antam of an interest in Oxiana’s Martabe gold and silver project in the Indonesian Province of North Sumatra. Subject to the approval of both Boards, the completion of necessary documentation and approval of relevant Indonesian Government authorities, Oxiana will:


Sell 10% of the Martabe project to Antam for US$66.5 million, which is based on the independent valuation of the project recently completed by Grant Samuel (published in the Zinifex Scheme of Arrangement Explanatory Memorandum).

Grant an option ("the first option") to Antam to enable Antam to acquire a further 10% of the Martabe project for a further US$66.5 million, subject to adjustments for movements in the market prices for gold and silver, operating and capital costs and other matters on successful commissioning of the project.

Grant a further option to Antam to enable Antam to acquire a further 5% of the Martabe project for a consideration based on the market value of the project at the time. This further option is subject to Oxiana approving the expansion of the Martabe project to an annual production rate of not less than 300,000 ounces of gold equivalent production per annum. The current approved annual production rate for the Martabe project is 250,000 ounces of gold equivalent per annum.

Antam will contribute its proportionate share of the development costs for the Martabe project following transfer of the interest.

Antam is one of Indonesia’s largest mining companies and its vertically integrated operations include exploration, development, mining, refining, processing and marketing. Antam’s expertise and place in the Indonesian mining sector makes it an excellent strategic partner for Oxiana as it aims to expand its business in Indonesia.


About the Martabe Project

Oxiana is currently constructing the Martabe gold operation in Northern Sumatra, Indonesia, at an estimated capital cost of US$310 million. Mining will be via open-pit and is initially based on a resource of 6 million ounces of gold and 60 million ounces of sliver. Planned annual production from Martabe will be 200,000oz of gold and 2 million ounces of silver. Commissioning and early production is on schedule for late 2009 with the first full year of production in 2010. Initial mine life at Martabe is 9 years with potential for extensions to the deposit in the near mine environment and for the discovery of further deposits in the greater 1600km2 Contract of Work area held by Oxiana.

About Oxiana:

Oxiana is an international mining and exploration company listed on the Australian Stock Exchange.

Shareholder and Court approvals for a merger between Oxiana and fellow Australian based miner Zinifex Limited were obtained last week. The new Company, which will be re-named OZ Minerals – drawing on the heritage of both Oxiana and Zinifex – subject to the approval of shareholders at an extraordinary General Meeting to be held on 18 July 2008, is now Australia’s third largest diversified mining company and the world’s second largest producer of zinc as well as a substantial producer of copper, lead, gold and silver.

With a strong production base, attractive development pipeline, prospective exploration portfolio and a sound financial position, the merged Company is well-positioned to succeed, especially in the current environment defined by growing world-wide demand for all basic commodities.

The company currently has five mining operations located in Australia and Asia, three new mining projects in development and a large portfolio of exploration projects throughout Australia, Asia and North America.

About Antam:

Antam (ASX: ATM, IDX: ANTM) is a major diversified Indonesian mining company. It is 65% owned by the Government of Indonesia, with the balance of its equity listed on the Indonesia and Australian Stock Exchanges. Antam’s market capitalisation, based on 100% of its shares on issue, is US$3.3 billion. Antam’s activities are vertically integrated through exploration, development, mining, refining and processing, and marketing. Its current operations include activities in precious metals, nickel and bauxite. Antam operates the Pongkor gold underground mine in West Java, Indonesia.



Investor enquiries:


Richard Hedstrom
Corporate Affairs Manager
Phone: +61 3 9288 0376
Mobile: +61 400 580 043

Email: richard.hedstrom@oxiana.com.au

Media enquiries:

Natalie Worley
Public Affairs Manager
Ph: + 61 3 9288 0345
Mobile: +61 409 210 462
Email: natalie.worley@oxiana.com.au

Kind regards,



Richard Hedstrom