MINING company OZ Minerals has become the latest business to overturn a stamp duty assessment by the state tax office based on the contentious ‘land rich’ tax provisions.
OZ Minerals says it will defer $20 million of work at its Golden Grove operation in Western Australia, as part of a wide ranging review of its assets in light of the financial crisis.
Shares in Subiaco-based Strategic Minerals Corporation NL were down 10 per cent at close of trade after Oxiana Ltd announced it would not proceed to the second stage of a farm-in agreement over the Woolgar uranium project in Queensland.
30 Oct 2007
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