Australia's Sandfire Resources falls after probe report on cultural heritage damage

Sandfire Resources

05/06/2024 02:06

** Shares of Sandfire Resources  SFR.AX  fall as much as
5.4% to A$8.880, hitting their lowest level since April 24
    ** Stock faces worst day since May 30, if current losses
hold
    ** Specialty miner says external probe found it damaged
Aboriginal cultural heritage at a copper mine in Western
Australia due to "ignorance and process failings"
    ** Adds damage came to its attention in September 2023
    ** Stock had risen 27.9% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))