Currently viewing Global edition

Sandfire one miner with positive outlook

In what has been a tough year for all and sundry in the resources sector, the ebullient Karl Simich and his team at copper miner Sandfire Resources have produced a terrific performance at the DeGrussa operation in Western Australia. And Karl being Karl, there’s the potential for more to come. In fact much more!

Unveiling the company’s A$69 million net profit (A$105 million before tax – and on the back of cash flow totalling A$224 million), Simich this week spoke of the potential for increasing the annual