Metal Production Trends 2017



As mining sentiments and commodity prices, in general, rose in 2017, S&P Global Market Intelligence reviews metal production output by the largest mining companies.
Here's an overview of our key findings:

Gold - Newmont Mining Corp. topped Barrick Gold Corp. as the December 2017 quarter's largest producer, although both mining giants had lower production than in the fourth quarter of 2016, with Newmont down 2% and Barrick down 10% year over year. 

Copper - S&P Global Market Intelligence estimates that the annual total production for copper slipped to 19.85 million tonnes, down 1.9% from 2016 levels. Half of the top 18 mining companies reported a year-over-year decline in Q4-2017 copper production.

Iron Ore - Global production of iron ore is estimated to increase by 2.3% annually in 2017. The driver of this 13.4 Mt growth was firmly with the big four producers — Vale SA, Rio Tinto, BHP Billiton Group and Fortescue Metals Group Ltd., or FMG — which collectively grew production 1.9% year over year in 2017.

Nickel - Terrafame Ltd. reported the largest mined production in Q4-2017 and lifted contained nickel up by nearly 51% on the year-earlier period. There was a mixed performance from nine leading producers, with three reporting higher production quarter over quarter and the other six seeing a decline.

Zinc - The top 20 producers of zinc in concentrate produced 1.38 Mt in the quarter, up 3.9% in Q3-2017 and the total annual zinc output was up by 1.2% from 2016-2017.

Gain essential intelligence into the largest metal producers and their output trends. Five commodity reports are available for download.

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