HISTORY		Print this page

Our History

Oxiana Limited was originally incorporated as Golden Plateau and listed on the Australian Stock Exchange in 1932. In the early 1980s, the Company shifted its focus from gold mining to gold exploration. Since being reinvigorated as Oxiana the company has become one of Australia’s biggest resource industry success stories.

Significant events in Oxiana’s history

Year	Key Events
1996	The Company is renamed Oxiana Resources N.L.
2000	Oxiana purchases 80% of the Sepon project in Laos from Rio Tinto.
2001	Construction of the Sepon Gold plant commences.
2002	Gold is first produced at Sepon in late December.
2003	Oxiana changes its name and status to Oxiana Limited.
	Construction of the Sepon Copper Project commences.
2004	Oxiana purchases the remaining 20% of the Sepon Project from Rio Tinto to have 100% ownership of the Sepon project.
	Oxiana commences construction of an expansion to the Sepon gold mine.
	Oxiana announces its intention to acquire 100% of the Prominent Hill project through a merger with Minotaur Resources Ltd.
2005	The first copper cathodes are produced at the Sepon operation in March.
	Expansion of the Sepon gold mine is completed, doubling throughput.
	Oxiana purchases the Golden Grove base/precious metals mine in Western Australia from Newmont Mining Corporation.
	Oxiana announces first dividend of 1c.
2006	Oxiana announces a record 2006 half year profit of $263.2 million and a 3c interim dividend payment.
	Oxiana Board of Directors formally approve development of the Prominent Hill copper-gold mine.
2007	Record profit for 2006 of $553 million - 5c final dividend declared.
	Prominent Hill construction and development continues for start up in the third quarter of 2008.
	Oxiana acquires Agincourt Resources adding the Martabe gold project in Indonesia.
	Oxiana Board of Directors approve an expansion of the Sepon copper operation from 60,000t/a nameplate capacity to 80,000t/a by 2010.
	Full year 2007 profit of $306 million - 4c final dividend declared.
2008	Oxiana announces plans to merge with fellow Australian miner Zinifex Limited to create Australia's third largest diversified mining company.
	Final approval received for the Martabe gold project in Indonesia.

.

		Back to top