yes, it is very ironic, agree completely with you. Cerro Matoso is one of the few successful ones.
I was aware it is a laterite mine when I wrote my post.
What I'm not sure of is whether it was BHP/S32 built from scratch or purchased at a discount from the original developer (the latter is the usual way to get a economically viable laterite mine).
Ann: South32 prices US$700M of Senior Notes, page-13
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Last
$3.66 |
Change
-0.050(1.35%) |
Mkt cap ! $16.57B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.73 | $3.60 | $56.87M | 15.57M |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 348810 | $3.65 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.66 | 22679 | 3 |
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| S32 (ASX) Chart |