News in Numbers
Sibanye-Stillwater is planning to restructure some of its loss-making platinum group metal operations in South Africa, putting 4,095 jobs at risk.
830,000 - 870,000
Anglo American has reduced its copper production estimates to 830,000 - 870,000 metric tonnes down from previous forecasts of 840,000t - 930,000t.
Freeport-McMoRan has posted a 12.4% increase in net income in Q3 2023, reporting revenues of $5.82bn, while consolidated debt stood at $9.5bn in Q3 2023.
Newmont has reported a net profit of $158m in Q3 2023, a 25.8% decrease compared to Q3 2022. Lower sales volumes dragged down revenues, which fell 5% to $2.5bn.
Brazil’s Vale registered a 36% drop in Q3 2023 net income compared to Q3 2022. Net operating revenues stood at $10.62bn.