South32 Copper Output Rises 2% in First Quarter, Slightly Misses Estimates
South32 said first-quarter copper production rose 2%, aided by mining ore with higher copper content as planned, but came in slightly below market expectations. Copper accounted for more than half of the miner's portfolio excluding aluminium.
South32 ASX:S32 reported a 2% increase in first-quarter copper production on Monday. The rise was supported by mining ore with higher copper content, as planned, although output came in slightly below market expectations. Excluding its aluminium portfolio, copper represented more than half of South3