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OZ Minerals Swings To Profit In H1 - Quick Facts

(RTTNews) - Australia's gold and copper producer OZ Minerals Ltd., (OZMLY.PK, OZL.AX) reported first-half profit attributable to equity holders of the parent of A$405.7 million, compared to a loss of A$585.6 million a year ago.

Revenue from continuing operations rose to A$589.9 million from A$89.6 million last year.

Prominent Hill produced 60,145 metric tons of copper and 90,821 ounces of gold for the six month period to 30 June 2010.

The Board of Directors have resolved to pay an unfranked dividend of 3 cents per share,which is payable on 21 September of record September 7, 2010. The Board has also resolved that the Dividend Reinvestment Plan will be suspended, effective from 25 August 2010, until further notice and that all shareholders will be paid in cash.