South32 revealed in its quarterly production and earnings report this week that it will be placing its Cerro Matoso nickel operation in Colombia under a strategic review following a reduction in prices paired with a production shortfall. The complex’s payable nickel production in 2H23 was 18.3 million tonnes, down 10%, despite the miner’s outlook of 40.5Mt full-year while eyeing higher…
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South32 Hermosa continues trek forward
A group of students and instructors from across multiple disciplines from the Missouri University of Science and Technology (S&T) were selected as one of seven finalists in NASA’s 2023 Breakthrough, Innovative, and Game-Changing Idea (BIG Idea) Challenge: Lunar Forge. Full story.
Read MoreUnderground miners strike at South32’s Appin
Australian miner South32 said it will halt some of its operations at the Appin coal mine in New South Wales during a week-long strike by underground mining supervisors, reported ABC News. Full story.
Read MoreSouth32 completes interest acquisition in Sierra Gorda
Australia-based and globally focused South32 said 22 February that it has completed its 45% interest acquisition in the Sierra Gorda copper operation in northern Chile from Sumitomo. The final price tag was US$1.4 billion cash plus a contingent price-linked consideration component that will be up to $500 million. It will be due when copper production rated in 2022-2025 meet certain…
Read MoreAustralian mine sends workers into isolation amid COVID outbreak
Seventeen workers at the South32 Appin Colliery in New South Wales, west of Sydney, have contracted COVID-19, sending the underground miners into a quarantine.
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