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ASX:SFR

11 stories mentioning ASX:SFR

Every FINWIRES story that references ASX:SFR, newest first.

Asia

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday:Minerals 260 (ASX:MI6): +13%, AU$0.85Pantoro Gold (ASX:PNR): +12%, AU$2.57Develop Global (ASX:DVP): +10%, AU$6.90PLS Group (ASX:PLS): +9%, AU$6.46Elevra Lithium (ASX:ELV): +9%, AU$11.65Genesis Minerals (ASX:GMD): +9%, AU$5.24Bellevue Gold (ASX:BGL): +9%, AU$1.33Almonty Industries (ASX:AII): +9%, AU$24.04Imdex (ASX:IMD): +9%, AU$4.01Sandfire Resources (ASX:SFR): +8%, AU$19.88

ASX 200ASX:AIIASX:BGLASX:DVPASX:ELVASX:GMDASX:IMDASX:MI6ASX:PLSASX:PNRASX:SFR
Asia

Sandfire Resources, Capstone Copper Shares Fall as Copper Price Hits Three-Week Low

Sandfire Resources (ASX:SFR) shares were marginally lower in recent Thursday trade, while Capstone Copper (ASX:CSC) fell past 1%, after the price of copper declined to a three-week low amid renewed clashes in the Middle East.The US carried out retaliatory strikes against Iran in a move that generated fresh uncertainty for inflation, borrowing costs, and economic growth, Bloomberg reported.The price of copper dropped 0.6% to $13,431 per ton on the London Metal Exchange just ahead of midday in Shanghai, and earlier fell to $13,378 to hit its lowest level since May 20, according to the report.

ASX:CSCASX:SFR
Asia

Havilah Resources to Start South Australia Regional Drilling Program in June

Havilah Resources (ASX:HAV) is set to start a regional drill program near the Kalkaroo copper-gold project in South Australia in June, according to a Friday Australian bourse filing.The mining firm carried out necessary preparatory work for the program, which was delayed due to unseasonally heavy rains in the region.Sandfire Resources (ASX:SFR) is preparing to proceed with the construction of a camp and drill core handling facilities at Kalkaroo. Sandfire will commit a minimum of AU$30 million over two years to fund regional exploration within the broader Curnamona province under the terms of the exploration strategic alliance.Shares of Havilah Resources rose 2% in recent trading on Friday.

ASX:HAVASX:SFR
Asia

Market Chatter: Copper Benefiting From Long-Term Structural Demand Drivers, UBS Says, AFR Reports

Copper is benefiting from long-term structural demand drivers, including demand for electric vehicles, electric grid build-out, data center expansion, and constrained new supply, and UBS lifted its price forecasts for 2026, 2027, and 2028 by 13%, 4%, and 3%, respectively, the Australian Financial Review reported on Friday.UBS lifted its long-term copper price assumption to $5.50 per pound, in real terms, with higher prices required to incentivize new supply. Analyst Levi Spry said industry conditions are worsening on the supply side.It upgraded Evolution Mining (ASX:EVN) to a buy recommendation and Sandfire Resources (ASX:SFR) to a neutral recommendation.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:EVNASX:SFR
Asia

Boab Metals to Complete Acquisition of Western Australia Processing Plant Following Satisfaction of Conditions Precedent; Shares Fall 4%

Boab Metals (ASX:BML) said all conditions precedent to the completion of the agreement with Sandfire Resources (ASX:SFR) to acquire the DeGrussa processing plant for use at Boab's Sorby Hills silver-lead project were satisfied, according to a Monday Australian bourse filing.The completion of the transaction will occur in the coming days, and the plant will be dismantled and relocated to the Meekatharra region of Western Australia to Sorby Hills.Boab's shares fell 4% in recent trading on Monday, while those of Sandfire fell 3%.

ASX:BMLASX:SFR
Asia

Copper Producers Shares Decline as Copper Prices Retreat from Record Levels

Shares of Australia-listed copper producers fell in recent Friday trade as the price of the metal fell from its recent record high.Shares of BHP (ASX:BHP) and Capstone Copper (ASX:CSC) fell past 2% in recent Friday trade, while Sandfire Resources (ASX:SFR) dropped past 4%.

ASX:BHPASX:CSCASX:SFR
Asia

Cyprium Metals Appoints Chief Development Officer; Shares Fall 3%

Cyprium Metals (ASX:CYM) appointed Richard Holmes as chief development officer, effective June 1, according to a Thursday Australian bourse filing.Holmes most recently held the position of chief development officer at Sandfire Resources (ASX:SFR), the filing added.The company's shares fell 3% in recent Thursday trade.

ASX:CYMASX:SFR
Asia

Ora Banda Mining Appoints Chair-elect

Ora Banda Mining (ASX:OBM) has appointed John Richards as chair-elect, with plans for him to assume the role following the retirement of current Chair Peter Mansell at the company's annual general meeting in November, according to a Tuesday filing with the Australian bourse.Richards is currently non-executive chair of Sandfire Resources (ASX:SFR) and lead independent non-executive director of Sheffield Resources (ASX:SFX), the filing added.

ASX:OBMASX:SFRASX:SFX
Asia

ASX Biggest Gainers

Here are the 10 ASX-listed companies with the biggest gains on Monday.Elevra Lithium (ASX:ELV): +7%, AU$12.92Newmont (ASX:NEM): +6%, AU$166.42IGO (ASX:IGO): +5%, AU$7.39Pilbara Minearls (ASX:PLS): +3%, AU$5.99Breville Group (ASX:BRG): +2%, AU$31.53Evolution Mining (ASX:EVN): +2%, AU$13.08Greatland Resources (ASX:GGP): +2%, AU$14.23Life360 (ASX:360): +1%, AU$21.23Sandfire Resources (ASX:SFR): +1%, AU$17.34Mineral Resources (ASX:MIN): +1%, AU$60.24

ASX 200ASX:360ASX:BRGASX:ELVASX:EVNASX:GGPASX:IGOASX:MINASX:NEMASX:PLSASX:SFR
Asia

Sandfire Resources Needs Stronger Q4 to Meet FY Guidance, Final Dividend Likely, Says Jefferies

Sandfire Resources (ASX:SFR) will need a strong fourth quarter to meet its full-year production guidance range, although it is expected to be achievable, said Jefferies in a Thursday note.The company on Thursday reported fiscal third-quarter copper-equivalent production of 34,500 tonnes, down from 36,100 tonnes a year earlier.Jefferies expects that increasing commitments to the Kalkaroo project are within the company's capital management framework.Dividend payments are becoming "increasingly likely" at fiscal year 2026 results, the note added.Jefferies kept a buy rating on Sandfire Resources with a price target of AU$20.

ASX:SFR
Asia

Sandfire Resources Reports Lower Fiscal Q3 Copper Equivalent Production

Sandfire Resources (ASX:SFR) reported fiscal third-quarter copper equivalent production of 34,500 tonnes, down from 36,100 tonnes a year earlier, according to a Thursday filing with the Australian bourse.The company maintained its fiscal 2026 copper equivalent production guidance range of 149,000 tonnes to 165,000 tonnes, per the filing.The company's shares were down 1% in recent Thursday trade.

ASX:SFR