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United Kingdom

South32 Ltd (S32J.J)

S32J.J on Johannesburg Stock Exchange

3,854.00ZAc
19 Oct 2018
Change (% chg)

10.00 (+0.26%)
Prev Close
3,844.00
Open
3,800.00
Day's High
3,854.00
Day's Low
3,800.00
Volume
272,240
Avg. Vol
1,137,806
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4,477.00
52-wk Low
2,803.00

Latest Key Developments (Source: Significant Developments)

South32 Posts Q2 Alumina Production Of 1,262 KT
Tuesday, 16 Jan 2018 

Jan 17 (Reuters) - South32 Ltd ::Q2 ALUMINA PRODUCTION 1,262 KT VERSUS 1,279 KT IN PRIOR QUARTER.WORSLEY ALUMINA FY18 PRODUCTION GUIDANCE REMAINS UNCHANGED AT 4.0 MT ​.Q2 METALLURGICAL COAL PRODUCTION ‍788​ KT VERSUS 494 KT IN PRIOR QUARTER.Q2 MANGANESE ORE PRODUCTION ‍1,526​ KWMT VERSUS 1,304 KWMT IN PRIOR QUARTER.Q2 ALUMINUM PRODUCTION 246 KT VERSUS 249 KT IN PRIOR QUARTER.MAINTAINED FY18 GUIDANCE FOR ALL OPERATIONS WITH EXCEPTION OF SOUTH AFRICA MANGANESE.‍ REMAIN ON TRACK TO PRODUCE 4.5MT OF COAL AT ILLAWARRA METALLURGICAL COAL IN FY18​."ACTIVELY RESHAPING OUR PORTFOLIO WITH SOUTH AFRICA ENERGY COAL TO BE MANAGED AS A STAND-ALONE BUSINESS FROM APRIL 2018".INCREASED FY18 ORE PRODUCTION GUIDANCE FOR SOUTH AFRICA MANGANESE BY 8% TO 2,040KWMT‍​.  Full Article

Trilogy Metals says South32's Unit Owns About 6.5 Mln Shares in Co
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Trilogy Metals Inc ::TRILOGY METALS ANNOUNCES A NEW LARGE SHAREHOLDER AND THE COMPANY'S CEO SIGNIFICANTLY INCREASES HIS SHARE POSITION.TRILOGY METALS SAYS CEO RICK VAN NIEUWENHUYSE INCREASED SHAREHOLDINGS OF CO BY ABOUT 1.7 MILLION SHARES, OWNING ABOUT 2.6 PCT OF CO.UNIT OF SOUTH32LIMITED HAS BECOME NEW SIGNIFICANT SHAREHOLDER OWNING ABOUT 6.5 MILLION SHARES OR ABOUT 6 PERCENT OF SHARES​ OF CO.SOUTH32 HAS PARTICIPATION RIGHTS IN FUTURE FINANCINGS AT 20 PERCENT TO 40 PERCENT TO A MAXIMUM OWNERSHIP OF 19.9 PERCENT IN CO.EXPECTS TO ADVANCE DEVELOPMENT OF ARCTIC AND BORNITE PROJECTS IN AMBLER MINING DISTRICT​.  Full Article

Trilogy Metals Announces South32 To Fund Us$10 Million 2018 Program And Budget For The Bornite Project
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Trilogy Metals Inc ::TRILOGY METALS ANNOUNCES SOUTH32 TO FUND US$10 MILLION 2018 PROGRAM AND BUDGET FOR THE BORNITE PROJECT.TRILOGY METALS INC - ‍SOUTH32 LIMITED HAS COMMITTED TO FUND US$10 MILLION 2018 PROGRAM AND BUDGET FOR BORNITE PROJECT​.TRILOGY METALS INC - SOUTH32 LIMITED HAS COMMITTED TO FUND US$10 MILLION 2018 PROGRAM AND BUDGET FOR BORNITE PROJECT.  Full Article

South32 Expects Sustaining Capital Expenditure Of $470 Mln In FY18​
Monday, 4 Dec 2017 

Dec 5 (Reuters) - South32 Ltd ::‍CONFIRM THAT SUSTAINING CAPITAL EXPENDITURE OF US$470M NOW EXPECTED IN FY18​.‍REAFFIRMS PRIOR FY18 PRODUCTION GUIDANCE FOR OPERATIONS.SALEABLE PRODUCTION OF 4.5MT IS NOW PROJECTED FOR ILLAWARRA METALLURGICAL COAL IN FY18 AT AN OPERATING UNIT COST OF US$130/T​.  Full Article

South32 To Manage South Africa Energy Coal As Stand-Alone Business
Monday, 27 Nov 2017 

Nov 27 (Reuters) - South32 Ltd ::TO MANAGE SOUTH AFRICA ENERGY COAL (SAEC) AS STAND-ALONE BUSINESS FROM APRIL 2018​.‍SAEC REQUIRES ONGOING INVESTMENT TO SUSTAIN PRODUCTION AND MEET ITS TAKE OR PAY RAIL AND DOMESTIC SUPPLY OBLIGATIONS​.‍SAEC WILL CONTINUE TO BE CONSOLIDATED IN GROUP'S FINANCIAL STATEMENTS ON A 100% BASIS UNTIL THERE IS A CHANGE IN CONTROL​.‍MAY ULTIMATELY LIST SOUTH AFRICA ENERGY COAL ON JOHANNESBURG STOCK EXCHANGE.  Full Article

South32 ‍Approves 4.3 Bln South African Rand Klipspruit Life Extension Project At South Africa Energy Coal​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - South32 Ltd ::‍APPROVED 4.3 BILLION SOUTH AFRICAN RAND KLIPSPRUIT LIFE EXTENSION PROJECT AT SOUTH AFRICA ENERGY COAL​.DEVELOPMENT ACTIVITY IS EXPECTED TO COMMENCE IN CURRENT QUARTER WITH FIRST COAL EXPECTED FROM OPEN-CUT OPERATION IN FY19​.  Full Article

South32 says qtrly metallurgical coal production ‍494​ kt
Wednesday, 18 Oct 2017 

Oct 19 (Reuters) - South32 Ltd :qtrly metallurgical coal production ‍494​ kt versus 1,437 kt in prior quarter.qtrly manganese ore production ‍1,304​ kwmt versus 1,314 kwmt in prior quarter.Maintained annual production guidance for operations ‍​.Confirmed will operate one Longwall at the illawarra metallurgical coal Appin mine across the remainder of fy18‍​.Qtrly aluminium production ‍249 kt versus 248 kt in prior quarter."‍fy18 production guidance for Illawarra metallurgical coal will be provided in due course"​.‍Longwall 707 is expected to be completed in june 2018 quarter​.  Full Article

South32 ‍concludes review into Illawarra metallurgical coal
Friday, 13 Oct 2017 

Oct 13 (Reuters) - South32 Ltd :‍Concluded its review into Illawarra metallurgical coal's operating systems and processes​.‍Completed remedial action required to safely and sustainably recommence production at Appin mine​.‍illawarra metallurgical coal produced 819KT of coal during Sept. 2017 quarter​.Unit operating costs and profitability will be significantly impacted by a lower rate of production in FY18​.‍Longwall 707 restarted production and co plans to operate a single longwall at Appin mine​.  Full Article

South32 says mining extraction at Cannington has been temporarily impacted
Thursday, 6 Apr 2017 

South32 Ltd : Advises that mining extraction at Cannington has been temporarily impacted by an underground fire that damaged load-out and shaft haulage infrastructure . Remediation work will be undertaken over a four week period and extraction of higher grade stope 60l will be delayed .Based on initial assessment, payable silver, lead, zinc production of 16.5moz, 135kt and 70kt is now anticipated in FY17 with revised mill throughput of about 3.1mt.  Full Article

South32 Ltd posts HY revenue of US$3.22 billion
Wednesday, 15 Feb 2017 

South32 Ltd : HY underlying earnings from continuing operations $479 million versus $26 million a year ago . HY revenue US$3.221 billion versus US$2.98 billion . Interim dividend of US 3.6 cents per share . Production guidance for FY17 is unchanged for our upstream operations . Guidance for FY17 capital expenditure, including equity accounted investments, remains unchanged at approximately US$450M . Depreciation and amortisation, excluding equity accounted investments, of US$760M is now expected in FY17 . Exploration expenditure of approximately US$16M is expected within our existing footprint .Group is expected to generate a positive franking credit balance in FY17.  Full Article

Australian, NZ shares dragged down by weak Chinese GDP data

Oct 19 Australian shares edged lower on Friday as China posted its weakest economic growth since the global financial crisis, though the market was off its morning lows as Beijing pledged more policy support to mitigate risks from a trade row with the United States.

No consensus analysis data available.