South32 swings to H1 profit on stronger commodity prices

February 15, 2017

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Diversified miner South32 has reported a massive surge in underlying earnings to $479-million for the six months to December 31, compared with $26-million in the previous corresponding period.

“The disciplined application of our strategy and stronger commodity prices underpinned a significant improvement in the financial performance,” said South32 CEO Graham Kerr on Thursday.

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