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South32 (S32) Share News

UK shareholder meetings calendar - next 7 days

17th Oct 2024 15:39

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LONDON BROKER RATINGS: Deutsche Bank resumes Informa with 'buy'

16th Oct 2024 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

UK dividends calendar - next 7 days

10th Oct 2024 14:21

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South32 wins battery-grade manganese grant worth USD166 million in US

23rd Sep 2024 08:28

(Alliance News) - South32 Ltd on Monday said the US Department of Energy has awarded its Hermosa project a grant of up to USD166 million to produce battery-grade manganese for electric car production in the US. Read More

UK dividends calendar - next 7 days

12th Sep 2024 13:50

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IN BRIEF: South32 non-executive director Warburton buys 25,000 shares

6th Sep 2024 11:36

South32 Ltd - Perth, Australia-based diversified miner - Non-Executive Director Sharon Lee Warburton buys 25,000 shares at AUD3.02, worth AUD75,500, about GBP38,630 or ZAR900,960, on Thursday in Sydney. Read More

LONDON BROKER RATINGS: UBS raises Sage Group to 'neutral'

5th Sep 2024 10:00

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More

TOP NEWS: South32 annual loss widens on high costs, regulatory troubles

29th Aug 2024 09:14

(Alliance News) - South32 Ltd reported on Thursday that its annual loss widened, as it battled rising costs and regulatory uncertainty around its alumina refining operation Worsley Alumina in Western Australia. Read More

UK earnings, trading statements calendar - next 7 days

27th Aug 2024 15:57

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IN BRIEF: South32 looks set to finalise Illawarra coal sale this month

22nd Aug 2024 10:26

South32 Ltd - Perth-based diversified mining group - Expects the sale of Illawarra Metallurgical Coal in New South Wales to be concluded earlier than thought on August 29. It had said late last month it expected the deal to be wrapped up on or around September 2. In February, South32 agreed to sell this coal asset to an entity owned by Golden Energy & Resources Pte Ltd and M Resources Pty Ltd. On completion, South32 will receive the upfront cash payment of USD1.05 billion, less the already paid deposit of USD40 million. The deferred cash consideration of USD250 million, payable in 2030, and the contingent price-linked cash consideration of up to USD350 million, will be recognised in its financial statements as a non-current other receivable and a non-current other financial asset. Read More

IN BRIEF: South32 expects to seal Illawarra coal deal in September

29th Jul 2024 08:23

South32 Ltd - Perth-based diversified mining group - Says the sale of its Illawarra metallurgical coal to an entity owned by Golden Energy & Resources Pte Ltd and M Resources Pty Ltd is now unconditional, after meeting all conditions. Expects the transaction to be complete on or around September 2. South32 first announced the proposed deal late in May. On completion, South32 will receive the upfront cash payment of USD1.05 billion, less the already paid deposit of USD40 million. The deferred cash consideration of USD250 million, payable in 2030, and the contingent price-linked cash consideration of up to USD350 million, will be recognised in its financial statements as a non-current other receivable and a non-current other financial asset. Read More

LONDON BROKER RATINGS: Deutsche Bank starts Smith & Nephew at 'buy'

24th Jul 2024 09:53

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

TOP NEWS: South32 to take USD554 million hit from Worsley Alumina woes

22nd Jul 2024 08:00

(Alliance News) - South32 Ltd on Monday warned it expects to take a USD554 million hit due to regulatory uncertainty around its alumina refining operation in Western Australia, as it reported production results for its recently completed financial year. Read More

LONDON BRIEFING: BT receives Ofcom fine; Ocado wins Kroger order

22nd Jul 2024 07:49

(Alliance News) - London's FTSE is called to open higher on Monday, with focus firmly on the US ahead of some crucial data later this week, and for now, political developments. Read More

IN BRIEF: South32 says Illawarra coal sale gets nod in Australia

5th Jul 2024 08:30

South32 Ltd - Perth-based diversified mining group - Says the sale of its Illawarra metallurgical coal to an entity owned by Golden Energy & Resources Pte Ltd and M Resources Pty Ltd has received Australian Foreign Investment Review Board approval. South32 first announced the proposed deal late in May. Expects the transaction to be completed in the first quarter next year, subject to the receipt of the remaining foreign merger clearances. Read More

LONDON BROKER RATINGS: HSBC raises Bunzl to 'buy'; RBC likes Ibstock

4th Jul 2024 09:42

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Friday: Read More

LONDON BROKER RATINGS: BoA ups L&G; Deutsche Bank cuts Iomart

14th Jun 2024 09:27

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More

South32 still expects to seal sale of Illawarra coal asset next year

28th May 2024 08:28

(Alliance News) - South32 Ltd said on Tuesday it remains on track to sell its Illawarra metallurgical coal asset in the first half next year. Read More

UK earnings, trading statements calendar - next 7 days

14th May 2024 16:18

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LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

7th May 2024 09:51

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday: Read More

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