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South32 buys Sumitomo's stake in Sierra Gorda for US$1.55B

Buying a stake in historically problematic Sierra Gorda operation in Chile

Michael Quinn
The Sierra Gorda copper mine in Chile

The Sierra Gorda copper mine in Chile

Owned 55% by Polish miner KGHM, Sierra Gorda is an open cut operation that's currently milling ore grading about 0.48% copper and is reportedly on track to produce 214,000t copper equivalent this year...

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