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Moving on
May 6, 2009, Wednesday
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Print Edition
Print Edition
OZ Minerals Ltd yesterday said CEO Andrew Michelmore will resign and join China Minmetals as part of the Chinese firm's purchase of most of the Australian miner.
The A$1.2 billion (US$883 million) deal, aimed at saving OZ from liquidation by its creditors, is due to be completed mid next month following a shareholder vote.
The A$1.2 billion (US$883 million) deal, aimed at saving OZ from liquidation by its creditors, is due to be completed mid next month following a shareholder vote.
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