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South32 Provides Quarterly Report for March 2022

26 Apr 2022  |  08:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Quarterly Report March 2022

South32 provided a quarterly report for March 2022. It completed a pre-feasibility study for the zinc-lead-silver Taylor Deposit at the Hermosa project during the quarter, underlining its potential to be a globally significant and sustainable producer of base and precious metals in the industry's first cost quartile. It finished the period with net cash of US$52m after completing the acquisition of a 45% interest in the Sierra Gorda copper mine for US$1.4B during the quarter.

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