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'Hell of a lot of upside' at Hermosa, says South32 boss

Despite some criticism of the US$1.4 billion paid for Arizona Mining, South32 has no buyer’s remorse.

'Hell of a lot of upside' at Hermosa, says South32 boss 'Hell of a lot of upside' at Hermosa, says South32 boss 'Hell of a lot of upside' at Hermosa, says South32 boss 'Hell of a lot of upside' at Hermosa, says South32 boss 'Hell of a lot of upside' at Hermosa, says South32 boss

South32 CEO Graham Kerr at the 2018 AGM

The Arizona acquisition and Hermosa zinc-lead-silver deposit was a hot topic at South32's annual general meeting in Perth this week.

Speaking at the AGM, South32 CEO Graham Kerr said there were two parts to the acquisition - the existing resource and the large, highly prospective, but underexplored, land package.

The Taylor deposit at Hermosa has a high-grade resource of 101 million short tons at 10.4% zinc equivalent and is...