Oxiana (OXR): Winner

Submitted by Marco on 7 April, 2007 - 19:18

Oxiana OXR Stock Chart

Oxiana (OXR) was the best performing shares among the shares listed on the ASX100 index (Winner of the Week for week 13 of 2007). This miner saw its shares increase in value by 10.99 percent or 31 cents to close the week at $3.13. The All Ordinaries closed the week at 6063.4 and the ASX200 index closed at 6077.1.

Oxiana Limited is listed on the Australian Stock Exchange (ASX) under stock code OXR. You can view their investor website here. OXR was listed on 1 January, 1970. Oxiana produces gold and copper from two mines in Laos and studies are also underway to expand both these operations. The Golden Grove zinc/copper mine in West Australia was purchased in mid 2005 while the Prominent Hill copper/gold project in South Australia is targeting a 2008 start-up. An aggressive exploration program is underway at all the above as well as in China and Thailand. Barry Cusack is the Chairman for Oxiana and the managing director is Owen Hegarty. Browse for Australian stockbroker recommendations. Check your charts and good luck with your share trading!