Listed copper play Sandfire Resources has returned to the Australian mining scene with a $240 million deal with Havilah Resources, sending the latter's share price soaring almost 50 per cent.
West Perth-based Sandfire Resources has filed documents to sell its Old Highway gold project to Catalyst Metals for a total cash consideration package of $32.5 million.
Ignorance led to the destruction of Aboriginal cultural sites on a remote WA mine site, but an investigation has cleared the miner responsible of any malicious conduct.
Sandfire Resources has recorded a loss after tax of $US53.9 million, equivalent to $82.1 million, with the $US1.9 billion acquisition of the Matsa mine cited as the primary reason.
Sandfire Resources has struck a deal to work with Traditional Owners at its WA mine, weeks after admitting it failed to disclose the destruction of heritage sites at the project more than five years ago.
Traditional owners of two Mid West cultural sites, which were destroyed and not reported for five years by a copper miner, have welcomed Roger Cook's intervention.
The boss of a WA copper miner in hot water for failing to come clean about destroying Aboriginal artefact sites for five years has spoken up after confirming the failure to the ASX.
A WA copper miner has drawn the ire of traditional owners for failing to disclose the destruction of two heritage sites to authorities more than five years ago.
Sandfire Resources has found a new chief executive in South32's Chief Human Resources and Commercial Officer Brendan Harris, who will move to the copper mid-tier in April 2023.
This week's board moves wrap includes Allan Tan, Matthew Watson, Jeremy King, Carol New, Brendon Morton, Vincent Ledoux-Pedailles, Scott McWilliam, Mary Ploughman, Jeffrey Moore, Katie Tovich, Brendan Harris and Peter Finnimore.
Diversified miner South32 has announced corporate affairs and investor relations executive Katie Tovich will replace Brendan Harris as chief financial officer, who will take over the chief marketing officer role from Peter Finnimore.
Diversified miner South32 is looking to cut its operating costs by 7.5 per cent over the next three years, with a particular focus on payments to contractors.