Browsing Tag
Cannington
2 posts
South32 (ASX: S32) holds Alcoa deal gains as $5.6bn copper pivot faces execution test
South32 held most of its Alcoa deal rally, but selling 40% of EBITDA makes Sierra Gorda, Hermosa and capital discipline the real test.
South32 (S32) reveals $1.1bn Hermosa Taylor capex blowout, but stretches mine life to 33 years as zinc, silver upside grows
South32's Hermosa capex jumped US$1.1B on US tariffs and shaft delays. A 33-year mine life and US$4.5B spot NPV ask whether the market is pricing it right.