Sandfire has strong outlook

SANDFIRE Resources has posted a solid half-year profit despite lower copper prices.

Sandfire has strong outlook Sandfire has strong outlook Sandfire has strong outlook Sandfire has strong outlook Sandfire has strong outlook

Sandfire's DeGrussa copper mine in Western Australia

The company posted a net profit after tax of A$48.3 million, down from $59.5 million a year earlier.

The DeGrussa copper mine posted earnings before net finance and income tax of $101.