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South32 lands a slippery fish, at a cost

South32 executives tell investors, 'trust us'

Barry FitzGerald*
South32 CEO Graham Kerr

South32 CEO Graham Kerr

But it has had to pay up big, forcing the 2015 BHP spin-off to mount a defence against suggestions that emboldened by its building cash on hand position of US$2.8 billion, it is paying too much for Hermosa....

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