Filings - Mining Technology

Barrick reports 146% surge in Q1 earnings, forms Jamaica JV

Umesh Ellichipuram — Thu, 02 May 2024 08:33:22 +0000

Barrick Gold has reported net earnings of $295m for the first quarter (Q1) of 2024, marking a 145.8% rise from $120m in the same quarter of the previous year.

The post Barrick reports 146% surge in Q1 earnings, forms Jamaica JV appeared first on Mining Technology.

How did the mining industry treat blockchain in Q1 2024 filings?

kgi-admin — Tue, 30 Apr 2024 02:24:18 +0000

The global mining industry experienced a 54% drop in company filings mentions of blockchain in Q1 2024 compared with the previous quarter, according to GlobalData’s analysis.

The post How did the mining industry treat blockchain in Q1 2024 filings? appeared first on Mining Technology.

Newmont Q1 profit drops even as revenues rise on higher production

Umesh Ellichipuram — Fri, 26 Apr 2024 08:59:40 +0000

Newmont has reported net income attributable to its stockholders of $170m in the first quarter (Q1) of 2024, down from $351m a year ago.

The post Newmont Q1 profit drops even as revenues rise on higher production appeared first on Mining Technology.

Brazil’s Vale registers 9% drop in Q1 profit

Umesh Ellichipuram — Thu, 25 Apr 2024 10:45:07 +0000

Brazilian mining company Vale has reported net income attributable to shareholders of $1.67bn in the first quarter (Q1) of 2024, a 9% fall from $1.83bn in the same quarter of 2023.

The post Brazil’s Vale registers 9% drop in Q1 profit appeared first on Mining Technology.

Harmony Gold to extend Mponeng mine life by 13 years

Umesh Ellichipuram — Thu, 29 Feb 2024 11:54:39 +0000

Harmony Gold Mining has announced an investment of ZAR7.9bn ($410m) to extend the life of the Mponeng mine.

The post Harmony Gold to extend Mponeng mine life by 13 years appeared first on Mining Technology.

Newmont records $2.47bn loss in 2023 on impairment charges

Archana Rani — Fri, 23 Feb 2024 16:31:34 +0000

Newmont has reported a net loss attributable to its stockholders of $2.47bn for the financial year 2023, hit by impairment.

The post Newmont records $2.47bn loss in 2023 on impairment charges appeared first on Mining Technology.

Glencore profit plunges in 2023 on reduced commodity prices

Umesh Ellichipuram — Thu, 22 Feb 2024 11:42:19 +0000

Glencore, a commodity trading and mining firm, has reported a net income attributable to equity holders of $4.28bn in 2023, marking a 75% decline from $17.32bn in the previous year.

The post Glencore profit plunges in 2023 on reduced commodity prices appeared first on Mining Technology.

First Quantum reports loss in Q4 2023 over Panama woes

Umesh Ellichipuram — Wed, 21 Feb 2024 14:55:37 +0000

First Quantum Minerals has posted a net loss attributable to shareholders of $1.45m for the fourth quarter (Q4) of 2023, compared with a $1.17m profit in the same period of 2022.

The post First Quantum reports loss in Q4 2023 over Panama woes appeared first on Mining Technology.

Nornickel 2023 profit plunges 51% on lower commodity prices

Umesh Ellichipuram — Mon, 12 Feb 2024 09:49:19 +0000

Nornickel reported a net profit of $2.87bn for the year 2023, marking a 51% slump compared with $5.85bn in the previous year.

The post Nornickel 2023 profit plunges 51% on lower commodity prices appeared first on Mining Technology.

ArcelorMittal net income plunges in 2023

Archana Rani — Thu, 08 Feb 2024 14:27:44 +0000

ArcelorMittal has reported net income attributable to equity holders of the parent for the full year 2023 of $919m, a drop from $9.3bn a year ago.

The post ArcelorMittal net income plunges in 2023 appeared first on Mining Technology.