{"id":7960,"date":"2021-04-27T09:50:00","date_gmt":"2021-04-26T23:50:00","guid":{"rendered":"http:\/\/yinghuiinternational.com\/?p=7960"},"modified":"2021-05-03T10:26:16","modified_gmt":"2021-05-03T00:26:16","slug":"records-rain-on-south32-in-2021","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2021\/04\/27\/records-rain-on-south32-in-2021\/","title":{"rendered":"Records rain on South32 in 2021"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

By Henry Ballard<\/a><\/p>\n\n\n\n

\"\"\/
Illawarra Metallurgical Coal. Image: South32<\/em><\/figcaption><\/figure>\n\n\n\n

South32 has met or exceeded production expectations across its Australian operations, not allowing inclement weather to diminish a strong March quarter.<\/p>\n\n\n\n

Worsley Alumina<\/strong>, in which South32 owns 86 per cent, is on track to achieve nameplate capacity of 4.7 million tonnes at its bauxite mine in Western Australia.<\/p>\n\n\n\n

One of the world\u2019s largest sources of alumina, the mine has undergone planned maintenance to its calciner which allowed nameplate to be achieved.<\/p>\n\n\n\n

South32 has set a year-to-date production record for its Australian manganese operations at the Groote Eylandt Mining Company operation (GEMCO)<\/strong> in the Northern Territory.<\/p>\n\n\n\n

The 4.329 million wet metric tonnes of high-grade manganese<\/em> produced were a 5 per cent increase on last year\u2019s prior corresponding results.<\/p>\n\n\n\n

Despite this, production guidance of 3500 wet metric tonnes for the manganese operation will remain unchanged in consideration of the effects of the wet season.<\/p>\n\n\n\n

\u201cWe set year to date production records at Brazil alumina and Australia Manganese,\u201d South32 chief executive Graham Kerr said.<\/p>\n\n\n\n

\u201cWe increased our production guidance for South Africa manganese as we continue to respond to market conditions and at Cannington off the back of continued strong underground performance.\u201d<\/p>\n\n\n\n

At the Cannington silver and lead mine in north west Queensland<\/em>, South32 increased its production guidance by 10 per cent for the 2021 fiscal year, despite also being hit with torrential rain through the March quarter.<\/p>\n\n\n\n

Silver production<\/em> was almost 3.5 million ounces for the March quarter, an 11 per cent increase on the previous period, while lead jumped<\/em> by 6 per cent on the last quarter to 33,000 tonnes.<\/p>\n\n\n\n

South32 expects weather-related disruptions to Cannington\u2019s rail logistics to be resolved over the coming quarter, making March\u2019s strong results all the more impressive.<\/p>\n\n\n\n

On the company\u2019s length of positive results, Kerr said they only strengthened confidence in the future for South32.<\/p>\n\n\n\n

\u201cLooking ahead, we expect the global economic recovery combined with fiscal stimulus to continue, driving a rebound in metal demand and sustaining higher prices for many of our key commodities,\u201d Kerr said.<\/p>\n\n\n\n

\u201cWe continue to reshape our portfolio, moving closer to the divestment of South Africa Energy Coal while progressing studies for our base metals development options.\u201d<\/p>\n\n\n\n

At South32\u2019s Illawarra metallurgical coal operation in New South Wales, the company reported a 17 per cent increase in year-to-date production.<\/p>\n\n\n\n

It produced 1.57 million tonnes of metallurgical coal during the March quarter, which was a 12 per cent increase on the previous quarter.<\/p>\n\n\n\n

This increase was thanks in part to the Appin project\u2019s longwall reconfiguration in late-2019, allowing for improved efficiencies.<\/p>\n\n\n\n

The coal operation will now look to the June quarter of 2021 for the next stage in its longwall reconfiguration, in hopes that further efficiencies can allow for greater production and less resource waste.<\/p>\n\n\n\n

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Henry Ballard South32 has met or exceeded production expectations across its Australian operations, not allowing inclement weather to diminish a strong March quarter. Worsley Alumina, in which South32 owns 86 per cent, is on track to achieve nameplate capacity of 4.7 million tonnes at its bauxite mine in Western Australia. One of the world\u2019s … Continue reading “Records rain on South32 in 2021”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[37,6],"tags":[],"class_list":["post-7960","post","type-post","status-publish","format-standard","hentry","category-clients","category-mines-and-quarry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-24o","jetpack-related-posts":[{"id":7999,"url":"https:\/\/yinghuiinternational.com\/index.php\/2021\/07\/21\/south32-longwall-change-improves-illawarra-output\/","url_meta":{"origin":7960,"position":0},"title":"South32 longwall change improves Illawarra output","author":"yinghui","date":"July 21, 2021","format":false,"excerpt":"Illawarra Metallurgical Coal. 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After falling to 10.3 per cent on the ASX in June earlier this year, South32 has managed to reduce its net debt from US$206 million\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"south-32-logo","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2015\/11\/south-32-logo.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8251,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/06\/05\/is-south32-eyeing-another-copper-mine\/","url_meta":{"origin":7960,"position":2},"title":"Is South32 eyeing another copper mine?","author":"yinghui","date":"June 5, 2023","format":false,"excerpt":"TOM PARKER As South32 looks to grow its portfolio, the company seems to have identified a copper mine that could be an M&A fit. According to\u00a0The Australian Financial Review, South32 has sounded out a potential acquisition of Khoemacau Copper Mining which operates its namesake copper mine in Botswana. Khoemacau ramped\u2026","rel":"","context":"In "Gold and Copper"","block_context":{"text":"Gold and Copper","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/goldcopper\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8318,"url":"https:\/\/yinghuiinternational.com\/index.php\/2023\/07\/21\/the-evolution-of-south32\/","url_meta":{"origin":7960,"position":3},"title":"The evolution of\u00a0South32","author":"yinghui","date":"July 21, 2023","format":false,"excerpt":"TOM PARKER South32\u2019s Sierra Gorda copper mine in Chile. Image: South32 ARI\u00a0was on hand for a recent fireside chat with South32 CEO Graham Kerr, who reflected on how the major mining company has gotten to where it is today. 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The majority of South32\u2019s assets are located in the southern hemisphere in Australia and South Africa which are\u2026","rel":"","context":"In "Mines and Quarry"","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"BHP-Billiton-calls-its-new-company-South32-658306-l_300","src":"https:\/\/i0.wp.com\/www.bnmme.com.au\/wp-content\/uploads\/2014\/12\/BHP-Billiton-calls-its-new-company-South32-658306-l_300.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8081,"url":"https:\/\/yinghuiinternational.com\/index.php\/2021\/10\/14\/south32-to-acquire-a-45-interest-in-the-sierra-gorda-copper-mine\/","url_meta":{"origin":7960,"position":5},"title":"SOUTH32 TO ACQUIRE A 45% INTEREST IN THE SIERRA GORDA COPPER MINE","author":"yinghui","date":"October 14, 2021","format":false,"excerpt":"\u91d1\u5c5e\u77ff\u5546South32\u4ee515.5\u4ebf\u7f8e\u5143\u6536\u8d2dSierra 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