Standard & Poor's Initiates Factual Stock Report Coverage on Oxiana Limited.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Standard & Poor's announced today that it has commenced Factual Stock Report coverage on Oxiana Limited. Oxiana Limited (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :OXFLY) is an international mining and exploration company based in Australia. Oxiana owns and operates the Sepon gold and copper mines in Laos and the Golden Grove
Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. operation in Western Australia Western Australia, state (1991 pop. 1,409,965), 975,920 sq mi (2,527,633 sq km), Australia, comprising the entire western part of the continent. It is bounded on the N, W, and S by the Indian Ocean. Perth is the capital. . The Prominent Hill copper-gold mine in South Australia South Australia, state (1991 pop. 1,236,623), 380,070 sq mi (984,381 sq km), S central Australia. It is bounded on the S by the Indian Ocean. Kangaroo Island and many smaller islands off the south coast are included in the state. is under construction, and the Martabe gold project in Indonesia is also being advanced. Oxiana also owns a 57% interest in uranium developer and explorer Nova Energy Ltd. Oxiana is actively exploring in Laos, Thailand, China, Cambodia, Indonesia and Australia. During 2006, Oxiana's Sepon gold operation in Laos produced 173,524 ounces of gold and 203,547 ounces of silver; and the company's Sepon copper operation, also in Laos, produced 60,803 tonnes of copper cathode. The company's Golden Grove operation is located approximately 450 kilometers northeast of Perth in Western Australia; it produces zinc concentrate Zinc concentrate is a highly hazardous product used in the production of zinc metal and zinc alloys, which is the result of a flotation process after the zinc ore has been mined and milled. , copper concentrate, and gold/silver concentrate. During 2006, Oxiana's zinc and copper concentrate operation at Golden Grove produced 138,817 tonnes of zinc contained in concentrate, 10,811 tonnes of copper contained in concentrate, and 11,634 tonnes of lead contained in concentrate. Gold production in 2006 was 50,198 ounces, and silver production was 3,064,287 ounces. This report will also be accessible on an ongoing basis to the investment community -- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. About Standard & Poor's Factual Stock Reports This Standard & Poor's service provides factual research coverage enabling information about Oxiana Limited and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company's fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. , and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks. Standard & Poor's Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor's. Standard & Poor's Factual Report research has no access to non-public information received by other units of Standard & Poor's. 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