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South32 lands a slippery fish, at a cost

South32 is set to land what has proved to be one slippery fish – Vancouver’s Arizona Mining, owner of the first-rate Hermosa zinc-lead-silver project in the foothills of Arizona’s Patagonia mountains, some 13km from the Mexico border.

South32 lands a slippery fish, at a cost South32 lands a slippery fish, at a cost South32 lands a slippery fish, at a cost South32 lands a slippery fish, at a cost South32 lands a slippery fish, at a cost

South32 CEO Graham Kerr

But it has had to pay up big, forcing the 2015 BHP spin-off to mount a defence against suggestions that emboldened by its building cash on hand position of US$2.