Mine is an analysis of trends based on the financial performance and position of the global mining industry as represented by the Top 40 global mining companies by market capitalisation.
Mine 2018 – Tempting times
For the world’s Top 40 miners, 2017 was a remarkable year. Having executed cost-saving strategies of the past few years and with margins and cash-generating ability improved, we saw near boom time profits.
In our latest analysis we find:
- Market capitalisation up 30% to $926bn
- Revenues increased 23% to $600bn
- EBITDA rose 38% to $146bn
- Net profit up 126% to $61bn and forecast to rise to $76bn in 2018
- Employee costs increased by 5%
- Female board representation increased to 19%
With such strong industry performance, miners will be faced with Governments looking to increase taxes and royalties, unions will demand pay rises for workers and shareholders will seek to receive increased dividends.
So what does this mean for the year ahead?
Download Mine Report 2018
So what does this mean for the year ahead?
Download Mine Report 2018
Copyright 2020 All rights reserved.