New Sandfire Resources managing director Brendan Harris says acquisitions would need to be extremely attractive to distract him from the task of getting the company’s two new mines performing to their full potential.

Delivering his first set of financial results since taking over the leadership of Sandfire in April, Mr Harris said the $US53.6 million ($82.7 million) statutory loss should not distract from the fact the company is at an “exciting juncture”.