Mining News

South32 sticks to its production outlook

Diversified miner South32 has maintained its production guidance for 2022 following a strong March quarter, while operating cost expectations for its Australian and South African operations have increased, on the back of stronger producer currencies, higher raw material costs and an increase in commodity prices which has resulted in higher price-lined royalties.

“We achieved a number of significant milestones in the quarter, making further progress to reshape our portfolio for a low carbon future,” said CEO Graham Kerr on Tuesday.

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