Oz Minerals agrees to A$24m class action settlement

June 15, 2016

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Adelaide-based miner Oz Minerals has agreed to pay A$24-million to settle class action proceedings brought against it by former shareholders of Zinifex.
Zinifex merged with Oxiana in 2008 to form Oz Minerals. Zinifex shareholders claimed that Oz Minerals had failed to disclose information to the market about the refinancing of its debt.

Category: General