Currently viewing Global edition

South32 boss confident about tailings dams

Fuelled by higher commodity prices and lower unit costs, South32 has reported a US$635 million first-half result but, despite the 17% rise in profit, CEO Graham Kerr spent almost as much time on a conference call discussing the company’s tailings dams as its capital return strategy.

South32 boss confident about tailings dams South32 boss confident about tailings dams South32 boss confident about tailings dams South32 boss confident about tailings dams South32 boss confident about tailings dams

South32 is keen on base metals exploration.

Kerr described Vale's latest mass fatality event in Brazil, its second major environmental catastrophe in three years, as an "industry changing event" that the sector would learn from so the same