DJ OZ Minerals Aims For Jan Sale Of Martabe Gold Proj -Bloomberg
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OZ Minerals Ltd. (OZL.AU), the mining group which has just been given a two-month extension by its banks to refinance US$560 million of debt, is aiming to sell its Martabe gold project in Indonesia by the middle of next month, Bloomberg reported Wednesday, citing a preliminary sales document prepared by the firm's advisers.
The company is seeking bids for the venture, which has proven gold reserves valued around $2 billion, the news agency reported on its Web site. Matthew Foran, a spokesman for OZ Minerals, declined to comment on the details, Bloomberg said.
Full story: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZYFMYKFZ01U
(END) Dow Jones Newswires
01-01-09 1558ET
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