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South32 looking for assets despite $1.75bn loss, massive layoffs

Cecilia Jamasmie | February 25, 2016 | 5:55 am Base Metals Energy Precious Metals Top Companies Africa Australia Europe Latin America Aluminum Coal Copper Nickel Silver Zinc 

BHP Billiton’s spin-off South32 (ASX, LON, JSE:S32) confirmed Thursday it is looking for assets, mainly copper ones, despite reporting a significant loss for the half-year and announcing it will cut more than 770 jobs across Australia. In the six months...

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