Sandfire reports record output

Copper miner Sandfire Resources has reported a fall in net profits for the full year ended June, on the back of lower copper prices.

Net profits for the 2019 financial year declined from the A$123-million reported at the end of the 2018 financial year, to A$106.5-million, despite record copper and gold production of 69 394 t of contained copper and 44 455 oz of contained gold.