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South32 Limited (SOUHY)
- Simply Wall St.
Are Investors Undervaluing South32 Limited (ASX:S32) By 21%?
Key Insights South32's estimated fair value is AU$3.64 based on 2 Stage Free Cash Flow to Equity South32 is estimated...
- Reuters
Australia's South32 sues IGO over Tropicana gold mine royalty claim
South32 is claiming a 1.5% soil sample royalty payment on the gross revenue that IGO earned from its interest in the mine from December 2014 until September 2023. The claim to the royalties arises from a 2002 agreement, which granted exploration licences to IGO, and included the obligation to pay royalty if minerals were discovered from the soil samples, the battery metal producer said in a filing.
- Reuters
Australian miner South32's met coal output falls on Illawarra disruptions
Australia's South32 posted a bigger-than-expected 18% drop in its first-quarter metallurgical coal output on Monday, hurt by production disruptions at its flagship Illawarra operations in New South Wales. Production at the Perth-based company's Dendrobium coal mine in Illawarra was affected by an extended planned longwall move. South32 has planned four longwall moves - switching from mining one longwall to another - over fiscal 2024.
