ASX:S32Metals and Mining
Should South32’s (ASX:S32) Hermosa Expansion and Higher Capex Expectations Require Action From Investors?
In April 2026, South32 Limited updated investors on the Taylor zinc‑lead‑silver project at its Hermosa development in Arizona, outlining a longer mine life, higher reserves and resources, revised first-production timing, and an increase in expected growth capital expenditure to about US$3.30 billion.
The update also highlighted an integrated development approach with the adjacent Clark and Peake deposits, including added decline access that could lift ore handling capacity by about 25% and...