Back to Search Start Over

Top Miners: As Prices Rose in 2017, Production Fell but Beat Guidance: Last year, rising prices enabled the world's top gold producers to increase revenues or cash flow as total gold output dipped again.

Authors :
Morton, Jesse
Source :
Engineering & Mining Journal (00958948). May2018, Vol. 219 Issue 5, p28-36. 9p.
Publication Year :
2018

Abstract

The article presents ratings of top mining companies based on revenues or cash flow as of May 2018. Barrick Gold reported net earnings of $1.4 billion in 2017. Newmont posted an adjusted net income of $780 million, and reported an 87 percent increase in what it calls free cash flow. In 2017, AngloGold Ashanti raised gold income by more than $270 million to almost $4.4 billion

Details

Language :
English
ISSN :
00958948
Volume :
219
Issue :
5
Database :
Academic Search Index
Journal :
Engineering & Mining Journal (00958948)
Publication Type :
Periodical
Accession number :
129936499