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OXIANA TO EXPAND CAPACITY AT LAOS COPPER PROJECT.

AsiaPulse News

| December 03, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Dec 3 Asia Pulse - Copper and gold explorer Oxiana Ltd will expand capacity at its Sepon copper project in Laos at a capital cost of $US178 million ($A201.64 million).

Oxiana said production will be increased to 80,000 tonnes per annum, from 60,000 by 2010.

"The overall life-of-mine operating costs will decrease by approximately 10 per cent and the incremental cost to produce the additional copper is less than US 50 cents per pound," Oxiana said.

"This expansion will continue to ensure the operating cost competitiveness of the ...

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Source: HighBeam Research, OXIANA TO EXPAND CAPACITY AT LAOS COPPER PROJECT.

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