CAPITAL MARKETS

Sandfire in top shape

SANDFIRE Resources has continued its record of generating profits and is in a net cash position for the first time since the DeGrussa mine in Western Australia started operating.

Kristie Batten
Sandfire in top shape

A lower average copper price saw the company’s net profit after tax drop to $A46.4 million from $69 million for the 2015 financial year. Revenue fell from $548.6 million to $497.2 million on record copper...

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