These 6 US Mining Corps generated Total Adjusted After-tax Net Income of $1,740 mil in the 4Q 2012, down 27% from the 4Q 2011. Peabody Energy was the main driver of this large earnings decline.
Below is the Ongoing, Adjusted After-tax Net Income of these 6 US Mining Corps for both the 4Q 2012 and the 4Q 2011.
4Q 2012 | 4Q 2011 | |||
Non-GAAP | Non-GAAP | |||
Adjusted | Adjusted | Increase | Increase | |
Net | Net | (Decrease) | (Decrease) | |
Company | Income | Income | Amount | % |
mils of $s | mils of $s | mils of $s | ||
Mining | ||||
Freeport McMoran | 743 | 640 | 103 | 16% |
Newmont Mining | 552 | 577 | (25) | -4% |
Southern Copper | 532 | 537 | (5) | -1% |
CONSOL Energy | 150 | 196 | (46) | -23% |
Cliffs Natural Resources | 58 | 197 | (139) | -71% |
Peabody Energy | (295) | 238 | (533) | -224% |
Total all 6 | 1,740 | 2,385 | (645) | -27% |