Analysis of Sandfire Resources, Cleanaway Waste Management, South32 and copper
Fund Manager Chris Pedersen discusses Sandfire Resources, Cleanaway Waste Management, South32 and the outlook for copper.
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Sandfire Resources is an Australian mining and exploration company which is listed on the Australian Securities Exchange (ASX Ticker: SFR).
With a strong operational base and a clear strategy to grow into an international diversified and sustainable mining company, Sandfire’s business is underpinned by a demonstrated commitment to the highest standards of safety, responsibility and sustainability. This dedication has been recognised through receipt of numerous local, national and international Awards including: Prospectors of the Year; Best Australian Explorer; Developer of the Year; Hard Rock Mine of the Year; and in 2019, the Golden Gecko Award for Environmental Excellence. Read more on our Sustainability programs and outcome here.
Sandfire operates the high-margin DeGrussa Copper-Gold Mine, located 900km north of Perth in Western Australia, which produces high-quality copper-in-concentrate with significant gold credits. Find out more about our DeGrussa Operations here.
In addition to delivering strong financial returns to shareholders, the cash flows generated from the DeGrussa Operations have underpinned a successful exploration and business development program, delivering a global project development pipeline that spans the world’s major continental zones: Asia-Pacific (APAC), Europe, Middle-East and Africa (EMEA), and the Americas (AMER).
Fund Manager Chris Pedersen discusses Sandfire Resources, Cleanaway Waste Management, South32 and the outlook for copper.
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With Australia’s largest pure copper play OZ Minerals likely falling to acquisition by BHP, investors now need to search a little deeper for the best leverage to the sector.
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News out on Tuesday from a couple of up-and-coming local miners, with Evolution Mining and Sandfire Resources each providing comprehensive updates to the market.
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Little room for error in the markets at the moment, as Sandfire Resources found out despite record sales and positive news regarding its Matheo Copper Project in Botswana.
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Even for the ever-dynamic local mining sector, the week just ended was a particularly busy one. Here's the latest from Sandfire, St. Barbara, Regis, Perseus, Galena and Aeris.
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Sandfire Resources' big move into the Spanish base metal sector has produced results straight away with the company now very confident about meeting its updated June 30 estimates.
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Every miner wants to be a major player eventually. Here is some news from three locals at different stages along that path: De Grey Mining, OZ Minerals and Sandfire Resources.
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The broker retains its Add rating and reduces its target price to $6.85 from $7.61.
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Sandfire Resources has become the latest Australian miner to embrace the global renewables push with a company-transforming deal to buy a Spanish copper mining and processing business.
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Outperform rating retained. Target is $8.55.
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2020-21 turned out to be a very good year for Sandfire Resources, thanks to the late surge in copper prices to record highs and solid production from its DeGrussa mine in WA.
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