Karl Simich

SPECIAL REPORT: The detailed reporting of remuneration by listed companies means it should be easy to determine the state’s best-paid chief executive, but the reality is more complicated.

A survivor of the tech wreck, Andrew Hall tasted success in the venture capital space before launching his own new startup, Formalytics.

West Perth-based Sandfire Resources has upgraded its mineral resource at the Degrussa copper mine, located 900 kilometres north-east of Perth, following a recent drilling program.

Sandfire Resources has reached an agreement to purchase Talisman Mining’s stake in the Springfield joint venture project in the Goldfields region for $72.3 million.

Shares in Karl Simich-led Sandfire Resources have jumped more than 8 per cent today after the company reported a record $123 million profit.

SPECIAL REPORT: There has been a notable reduction in the number of high-earning executives in WA, though some individuals do well year after year, research by Business News has found.

Sandfire Resources has reported a first-half profit fall of 18.8 per cent, which the gold and copper miner said was due to increased exploration and project costs.

Sandfire Resources has made a $167 million takeover offer for MOD Resources, just over five months after it made a $94.5 million bid for the junior, with MOD’s board backing the improved offer.

Woodside Petroleum, Save the Children Foundation and Sandfire Resources were among those recognised for their renewable projects and community partnerships at last night’s resources sector awards for excellence.

Sandfire Resources has made changes to its management team and board, including appointing Sally Langer, and refined its strategic focus.

Sandfire Resources has posted a 30 per cent decline in profit, but says it is in a good position to take advantage of the recent copper price recovery.

Sandfire Resources is selling its gold project in New Zealand to fellow Perth-based explorer Auris Minerals, in a cash and scrip deal worth $23.2 million.

Perth-based Sandfire Resources is spending $371 million to develop a copper-silver mine in Botswana, with production expected in early 2023.

Shares in Sandfire Resources jumped 11 per cent today after the company reported strong growth in earnings and talked up the copper market outlook.

High-quality copper prospects are becoming harder to find, but juniors are poised for the challenge.

Sandfire Resources has appointed Perenti's surface mining contractor to the $364 million Motheo copper-silver project in Botswana.

Sandfire Resources recently exported $65 million worth of copper concentrate to India, marking the DeGrussa operator’s biggest shipment to date.

WA's Sandfire Resources is making progress on the development of its $364 million Motheo copper project in Botswana, having now secured the mining licence.

Sandfire Resources has exceeded its copper production target for the recent financial year while reporting record sales revenue of $813 million, helped by buoyant prices.

WA’s Sandfire Resources has detailed plans to expand its Motheo project in Botswana via a 114,000-tonne satellite deposit.

Karl Simich-led Sandfire Resources is set to become one the largest listed copper producers through the $2.6 billion cash acquisition of an operation in Spain.

Record commodity prices and a flurry of M&A deals have defined the past year for listed resources companies.

Sandfire Resources has cited stronger copper prices and operational performance in posting a 24 per cent increase in net profit to $US55.2 million over the first half of the financial year.

Sandfire Resources founder Karl Simich has called time after a 15-year tenure spent growing the company from an explorer to one of the biggest copper producers listed on the ASX.

Sandfire Resources has found a new chief executive in South32’s Chief Human Resources and Commercial Officer Brendan Harris, who will move to the copper mid-tier in April 2023.

Karl Simich has joined the board of Subiaco-based Balkan Mining and Minerals after stepping down from 15 years at the helm of Sandfire Resources.