Filings - 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.

Barrick Gold Q3 earnings grow on increased production

Surya Akella — Fri, 03 Nov 2023 15:25:33 +0000

Barrick Gold has posted net earnings of $368m for Q3 2023, a 21% increase compared with $241m in the corresponding quarter of 2022.

The post Barrick Gold Q3 earnings grow on increased production appeared first on Mining Technology.

Newmont Q3 profit slips on reduced production

Surya Akella — Fri, 27 Oct 2023 14:54:49 +0000

Newmont has a reported a net profit of $158m in the third quarter of this year, a 25.8% compared to $213m for same period of last year.

The post Newmont Q3 profit slips on reduced production appeared first on Mining Technology.

Brazil’s Vale registers 36% drop in Q3 2023 net income

Archana Rani — Fri, 27 Oct 2023 10:08:54 +0000

Vale has reported $2.83bn as net income from continuing operations in the third quarter of 2023, an 36% year-on-year slump.

The post Brazil’s Vale registers 36% drop in Q3 2023 net income appeared first on Mining Technology.

Freeport-McMoRan posts 12.4% increase in net income in Q3 2023

Archana Rani — Fri, 20 Oct 2023 10:05:03 +0000

Freeport-McMoRan has reported an increase of almost 12.4% in net income attributable to common stockholders to $454m in Q3 2023 from $404m a year ago period.

The post Freeport-McMoRan posts 12.4% increase in net income in Q3 2023 appeared first on Mining Technology.