Sentences with phrase «profits for mining companies»

The recent depreciation of the Australian dollar and consequent increase in Australian - dollar commodity prices would generally imply an increase in profits for mining companies.

Not exact matches

Dominion Diamonds» two active mines helped the company earn $ 498 million in profits last year — and should still be producing glittering stuff for years to come, according to Gannicott.

Perth - based private mining contractor Barminco has posted a 30.7 per cent rise in operating profit for the 2016 financial year, with the company optimistic about prospects in the gold sector for the year ahead.

Welshpool - based Maca has posted a slight fall in profit for the financial year but increased revenue by 1 per cent, despite it being a tough time for contractors and mining services companies in the current market.

Doray Minerals has posted a sizeable boost in net profit for the six months to December, as the company works towards opening its second gold mine in Western Australia later this year.

Mining and civil engineering contractor Maca has posted a 6.4 per cent increase in profit to $ 34.7 million for the six months to December, despite revenue taking a hit from recent mine closures, as the company shifted its focus onto gold projects in South America.

Mining services company Ausdrill has suffered a 148.5 per cent fall in full - year profit to make a loss of $ 43.9 million, on the back of $ 77.9 million in write - downs and impairment charges as a result of the diminished outlook for mining serMining services company Ausdrill has suffered a 148.5 per cent fall in full - year profit to make a loss of $ 43.9 million, on the back of $ 77.9 million in write - downs and impairment charges as a result of the diminished outlook for mining sermining services.

That said, while this rally has already been a boon for zinc mining companies, investors still have plenty of opportunities to profit from zinc if they know where to look.

As a result, mining and financials companies, which both reported strong profit growth, account for a much larger share of listed companies» profits than of GOS.

Or, «The Chinese owned and operated mines in northeastern BC appear to be aimed at nothing more than creating profits for offshore companies with questionable links to the government of China».

For example, suppose it costs a mining company $ 700 to mine an ounce of gold, when the price of gold is $ 900, the profit is $ 200 but when the price goes up to $ 1000, the profit is $ 300 — a 50 % increase in profits caused by a 11 % rise in the price of gold.

The Nessergy oil deal shares many similarities with a string of secret deals in Congo's mining sector, where mining rights were bought at knockdown prices by offshore companies and then «flipped» to major international firms for a vast profit.

Her representations, prior to joining Skadden, include advising a large multinational company that provides services to the government in relation to alleged improper distribution of profits, advising on SFO and City of London Police investigations into the company, and advising its subsidiary on the UK Bribery Act; compliance advice for a Middle Eastern sovereign wealth fund in connection with anti-money laundering and anti-corruption policies; compliance advice for a Canadian - listed mining business operating in Europe relating to whistleblowing, data protection and anti-corruption procedures; and advising media organisations in connection with the «Diana» inquiry and the Leveson Inquiry into the Media, Culture and Ethics.

For the time being, NVIDIA is primarily involved in the gaming business, data centers and self - driving cars, and cryptocurrency and mining operations account for only small portions of the company's profiFor the time being, NVIDIA is primarily involved in the gaming business, data centers and self - driving cars, and cryptocurrency and mining operations account for only small portions of the company's profifor only small portions of the company's profits.

Despite seemingly endless wrangling among developers over how to handle increased Bitcoin transactions volumes and sometimes narrowing profit margins for miners, existing mining companies are steadily growing and new miners are coming online.

In the wake of certain profits attached to cryptocurrency mining in South Africa, now many new companies are emerging due to the increased demand for exposure to cryptocurrencies, such as Affinity Mmining in South Africa, now many new companies are emerging due to the increased demand for exposure to cryptocurrencies, such as Affinity MiningMining.

Nowadays, mining Bitcoins have become exclusive for some few companies, and small miners struggle to obtain some profits with the Equihash algorithm.

For Soltero, the scandal brings up questions of trust at a time when more and more companies — not just Facebook — seek to profit from mining user data.

That is, until MoonLite, an innovative cryptocurrency mining company, unveiled plans for a renewable energy - based cryptomining farm in Iceland that will distribute mined profits to ordinary investors and MoonLite (MNL) coinholders.

, sustainable development has been appropriated by some mining companies who use the term «sustainable development» to advocate profits and energy growth with little regard for its true meaning.