News
Briefcase: SA business snippets
Welcome to Briefcase, a quick tour of announcements, awards and events showcasing the everyday exploits of SA businesses.
News
Welcome to Briefcase, a quick tour of announcements, awards and events showcasing the everyday exploits of SA businesses.
News
The share prices of South Australia’s largest 10 publicly listed companies have risen by an average of 25 per cent in 2020 to outperform the market in a tumultuous year for stocks globally.
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Santos has delivered record oil and gas production and sales volumes in the September quarter. But despite the production boom, the struggling world oil price has kept its sales revenues down by more than 20 per cent on this time last year.
Strong gold prices matched by higher volumes has helped Adelaide-based miner Oz Minerals record a net profit after tax of $80 million for the six months to June 30.
SA listed companies have gained ground on the Australian Securites Exchange in the first five weeks of the new financial year as the volatile market inches back from March’s pandemic cliff.
South Australian copper miner Oz Minerals has signed a deal with Sanjeev Gutpa’s Whyalla Port to export concentrate from its new Carrapateena mine.
South Australia’s mining sector is well placed to play a crucial role in helping the state’s economy recover from the COVID-19 crisis.
