Sandfire managing director Karl Simich.

Sandfire goes solar

Sandfire Resources, the company that was famously targeted last year in a fossil fuel divestment campaign, is planning a $40 million renewable energy power station at its DeGrussa mine in Western Australia.

The Australian National University dumped Sandfire and six other mining companies from its investment portfolio after a report it commissioned claimed the miners had acted in a socially irresponsible way.

The copper miner has since launched legal action against the research company ANU used, claiming its report contained factual errors and was deceptive and misleading.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
thWestgold Resources0%0%
46thOM Holdings343%21%
237thRegis Resources44%-3%
394thSandfire Resources11%-4%
565thResolute Mining-16%-11%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Other
$0 Other
Total value as at the date of the transaction
Source: Morningstar


8th↑Resolute Mining$560.8m
9th↑Regis Resources$547.2m
10th↓Sandfire Resources$534.7m
11th↑OM Holdings$474.3m
12th-Westgold Resources$438.5m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Sandfire Resources

28thKarl Simich$1.394m
135thMatthew Fitzgerald$691k
162ndRobert Klug$634k
Ranked by total remuneration from all listed WA companies

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