Gold production beats Oz Minerals forecast

Oz Minerals says its strong annual copper and gold production, lower costs, improved cash position places it well for future growth.

Oz Minerals says it is in a good place to enable its growth plans with fourth-quarter gold production up 34 per cent on the previous three months and exceeding the miner's 2017 guidance.

Full-year gold production of 126,713 ounces beat Oz Minerals' expected 115,000-125,000 ounces, while full-year copper production, at 112,008 tonnes, was at the top of its forecast range.