Andrew Cole’s strategy of operating at the small end of mining has delivered huge value growth at OZ. Will a merger with BHP destroy the culture that is central to its success?
Andrew Cole spent much of his youth fishing beneath the Old Traffic Bridge that connects his home town of Mandurah to Halls Head, and if his time running OZ Minerals is any guide, he was probably trying to catch the small fish rather than the big ones.
Cole’s brand of polite contrarianism has delivered stellar results for OZ shareholders over the past eight years under a strategy that can be broadly summarised as good things coming in small packages.
Peter KerResources reporterPeter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
