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.
Read MoreTag: SFR
Suitable Replacements for Australia’s Largest Pure Copper Play
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.
Read MoreMining Matters: EVN, SFR
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.
Read MoreMarket Unimpressed with Sandfire Result
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.
Read MoreAnother Busy Week in the Local Mining Space
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.
Read MoreSpanish Fling Paying Immediate Dividends for Sandfire
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.
Read MoreMiners with Major Ambitions
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.
Read MoreSFR – Morgans rates the stock as Add
The broker retains its Add rating and reduces its target price to $6.85 from $7.61.
Read MoreHuge Spanish Deal Set to Transform Sandfire
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.
Read MoreSFR – Credit Suisse rates the stock as Outperform
Outperform rating retained. Target is $8.55.
Read MoreDeGrussa Pushes Sandfire to Record Profit
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.
Read MoreSFR – Macquarie rates the stock as Outperform
The Outperform rating and $10 target are unchanged.
Read MoreSFR – Credit Suisse rates the stock as Outperform
Sandfire has reinstated FY20 operating guidance. Guidance was withdrawn as a precaution at the March quarter result but there has been no discernible impact on operations from the pandemic to date.
Read MoreSFR – Credit Suisse rates the stock as Outperform
Production in the March quarter comprised 17,900t of copper and 9,400 ounces of gold at C1 costs of US$0.74/lb. Guidance has been withdrawn as a precaution rather than because of any particular impact.
Read MoreMaterial Matters: Indonesia, Australia & Zinc
A glance through the latest expert views and predictions about commodities. Indonesia; Australia; and zinc.
Read MoreIs Copper Due For A Run?
The bellwether of global economic activity, copper has pretty much marked time over the last 12 months price-wise – a fair reflection of the sluggish conditions.
Read MoreSFR – UBS rates the stock as Upgrade to Neutral from Sell
Upgrades to commodity price estimates have driven a 5% upgrade to the valuation of Sandfire Resources. UBS observes the valuation is very sensitive to near-term commodity assumptions because of the 3-4 years of remaining mine life at DeGrussa.
Read MoreSandfire Hits High-Grade Copper
Shares in Sandfire Resources (SFR) soared to a 10-month high yesterday after reporting high copper assay results from a promising new find in Western Australia, and then came back to earth.
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