South32 gets popular

South32's quarterly report confirms that our investment case is on track. Others are starting to agree.

South32 has released quarterly production figures that confirm our investment case is on track. Costs are being ripped out of the business at an astonishing rate with management confirming that over US$300m would be saved this year alone.

The company is now debt free and carried a cash position of US$18m, perhaps the only debt free major miner in the world.

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