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South32 (ASX:S32) Reserves - Proven (K) : 0.00 (As of . 20)


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What is South32 Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for South32's Reserves - Proven (K) or its related term are showing as below:

ASX:S32's Reserves - Proven (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

South32 Reserves - Proven (K) Historical Data

The historical data trend for South32's Reserves - Proven (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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South32 Reserves - Proven (K) Chart



South32  (ASX:S32) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.


South32 Reserves - Proven (K) Related Terms

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South32 (ASX:S32) Business Description

Address
108 St Georges Terrace, Level 35, Perth, WA, AUS, 6000
South32 was born of the demerger of noncore assets from BHP in 2015. South32's major operations include alumina businesses in Australia and Brazil, aluminium in Brazil, South Africa, and Mozambique, manganese businesses in Australia and South Africa, and New South Wales metallurgical coal. It also owns the Cannington silver/lead/zinc mine in northwest Queensland and the Cerro Matoso nickel mine in Colombia. Cannington silver mine and manganese operations deliver high returns, but have relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor deposit in the U.S., and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.

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