OZL

Copper and gold mining company, Oz Minerals (ASX:OZL), have released its full year profit results for FY 2012 to the Australian stockmarket.

• Oz Minerals Net Profit was $152 million, down 44 percent from $274.5 million.
• OZM revenue fell 11.7 percent to $985.7 million from $1.1 billion.

There are no upcoming floats but there are 8 stocks that will go on ex-dividend and two companies that will have their general meeting on August 23, 2011.

Upcoming Dividends

OZ Minerals (ASX:OZL) denies allegations made by a Cambodian newspaper that hundreds of thousands of dollars changed hands between the company and relatives of Cambodian government officials. The newspaper claimed that the payout happened after OZ bought a gold mine in Cambodia in 2009.

OZ Minerals (ASX:OZL) has agreed to settle two class action suits for $60 million, with the amount to be taken from its net profit this year. The $55.1 million settlement payment added $4.9 million in costs, all to be taken out of OZ's cash reserves.

Losers of the week for the ASX100. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Stock Exchange (ASX) from the previous week of trading (15th week: 11th April to 15th April 2011). Losers this week include: LEI, AWC, CTX, IPL, OZL, ALL, WOR, SGM, BXB, OST. Other lists of ASX companies by market capitalisation.

South Australian mining company OZ Minerals (ASX:OZL) says it still anticipates to hit its full-year forecast target for gold despite a 23 percent production decline in the March quarter.

The company said, "While total gold production was lower this quarter, higher grades expected in the second and third quarters are expected to see production achieve forecast levels for the year of 185,000-plus oz of gold."

Stock Market Software Detected these Winners on the ASX 100 for the week. These stocks increased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (11th week: 14th March to 18th March 2011). Other lists of ASX companies by market capitalisation.

Bottom Stocks - Stock Market Trading on the ASX100 for the week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (10th week: 7th March to 11th March 2011). Other lists of ASX companies by market capitalisation.

Stocks Loser of the Week on the S&P ASX 100 (XTO) for the week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (7th week: 14th February to 18th February 2011). Stock losers this week include: PDN, PRY, BEN,IPL, OZL, CBA, RHC, TEN, IAG, RIV. Other lists of ASX companies by market capitalisation.