Latest Sandfire Resources (ASX:SFR) News

Sandfire Resources faced a tragic fatality at its Magdalena mine and production challenges in Q3 FY26, yet sustained financial strength and advanced its Kalkaroo project, keeping full-year copper equivalent guidance intact.

Sandfire Resources reported a Q3 FY26 copper equivalent production of 34.5kt, bringing nine-month production to 106.5kt. Despite operational challenges, the group maintains its FY26 guidance but now expects to deliver in the lower half of the range, alongside a $15 million reduction in capital expenditure.

Deal headlines and big drill hits shared the stage with a brutal sell-off in a handful of tiny raisings. The week’s biggest winners were backed by clear news; the biggest losers showed what happens when buyers vanish after a halt.

Small caps stole the spotlight, with a handful of stocks doubling on deal news and early-stage project updates. Large miners were steadier, but even they couldn’t fully escape the week’s sharp gap moves.

Sandfire Resources Limited has delivered a strong H1 FY26 performance with record sales revenue and a return to a net cash position, while advancing key projects including the Kalkaroo Copper-Gold earn-in agreement.

Sandfire Resources reported solid H1 FY26 production with a shift toward stronger H2 volumes, improved safety metrics, and a strategic move to acquire an 80% stake in the Kalkaroo Copper-Gold Project.

Sandfire Resources and Havilah Resources have sealed a binding agreement that could transform the Kalkaroo Copper-Gold Project into one of Australia’s next major copper provinces through a substantial earn-in deal and strategic exploration alliance.

Sandfire Resources reported a robust start to FY26 with copper equivalent production exceeding forecasts by nearly 5%, alongside a significant reduction in net debt and key regulatory approvals advancing its growth projects.

Sandfire Resources delivered a standout FY25 with a 12% rise in copper equivalent production and a 46% jump in underlying EBITDA, while slashing net debt by 69%. The company sets a confident FY26 outlook with modest production growth and continued capital discipline.

Sandfire Resources Ltd reported a 26% surge in FY25 revenue to US$1.176 billion alongside a 46% rise in underlying EBITDA, driven by robust copper production and operational resilience despite severe weather disruptions. The company also slashed net debt by US$273 million, setting the stage for further growth in FY26.

Sandfire Resources reports a consolidated update on its Motheo copper-silver asset in Botswana, revealing declines in mineral resources and ore reserves due to mining depletion and remodelling. The company plans to declare a maiden ore reserve for the A1 deposit by mid-2026, aiming to extend mine life.

Sandfire Resources reported a 12% rise in copper equivalent production for FY25, narrowly missing guidance due to severe weather and power outages, while slashing net debt by $273 million. The company projects further growth in FY26 despite expected cost pressures.