Copper miner Sandfire maintains FY guidance

Global copper miner Sandfire Resources has maintained its production, cost and capital expenditure guidance for the 2024 financial year, after a solid December quarter at its MATSA and Motheo copper operations in Spain and Botswana, respectively. The ASX-listed company reported that it was on track on track to increase copper-equivalent production by more than 50% over the two years to the end of the 2025 financial year as it expands Motheo and continues to bed down MATSA, which it acquired in February 2022.