South32 market cap soars

SOUTH32 Limited’s market capitalisation rose $851.4 million or 6.6% during October as the release of its September quarterly figures showed strong operational results and an increase in its cash position of $US551 million.

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South32 market cap soars South32 market cap soars South32 market cap soars South32 market cap soars South32 market cap soars

The company has already started to make use of this cash pile with an acquisition of the Metropolitan coal mine in New South Wales.

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