ASX:S32Metals and Mining
South32 (ASX:S32) Is Up 7.4% After Copper Reserve Upgrade And Dividend Boost - What's Changed
South32 Limited recently reported full-year 2026 net income of US$1.09 billion and sharply higher earnings per share, and the Board has resolved to pay a fully franked final dividend of US 5.4 cents per share in October 2026.
Alongside this earnings rebound, South32 unveiled a large upgrade to Ore Reserves and Mineral Resources at the Sierra Gorda copper mine and is reshaping its portfolio toward base metals through planned aluminium asset sales.
We’ll now consider how Sierra Gorda’s...