Top ESG Idea South32 Getting Closer to Launching Major Mining Project in Arizona

Image Shown: South32 is targeting ample zinc, lead, and silver resources at the Hermosa project in Arizona that could be quite economical to extract should the Australian-based miner move forward with the endeavor. Image Source: South32 – January 2022 IR Presentation By Callum Turcan Shares of South32 (SOUHY), one of our favorite miners, are up over 50% during the past year as of this writing and that is before taking dividend considerations into account. The Australian miner has a bright outlook after shedding virtually all its thermal coal assets last calendar year (completed in June 2021) and announcing in October 2021 that it would acquire a sizable economic interest in a Chilean copper mine. As a quick housekeeping item, South32’s … Read more

Shares of Our Favorite Miner South32 Skyrocketed During Past Year

Image Shown: South32, an idea in our ESG Newsletter portfolio and one of our favorite miners, put up tremendous financial performance during the first half of fiscal 2022 as it capitalized on surging realized prices for its commodities sales. Image Source: South32 – First Half of Fiscal 2022 IR Earnings Presentation By Callum Turcan Shares of the American depository receipts (‘ADRs’) of one of our favorite miners, South32 (SOUHY), have put up tremendous performance during the past year. According to data provided by Yahoo! Finance, shares of SOUHY are up over 50% during the past year on a price only basis while the S&P 500 (SPY) is up ~9% on a price only basis during this period as of late … Read more