Tuesday, September 12, 2017

US Mining Companies (16) With Market Caps Above $1 Bil 2Q 2017 Total Earnings Were $927 Mil, Up a Blistering 269% From the $251 Mil Total Earnings in the 2Q 2016

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 16 Mining Companies (SICs 1000s-1400s) headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC.

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 16 largest US Mining Companies.





Calendar Calendar






2Q 17 2Q 16



Calendar US GAAP US GAAP Net Net


Most
2Q 17 Net Net Income Income
US Mining (SICs 1000-1400) City State Recent
Month Income Income Better Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %










Southern Copper Phoenix AZ Dec16
June            301            223              78 35%
Newmont Mining Greenwood Village CO Dec16
June            166               (2)            168 NM
Martin Marietta Materials Raleigh NC Dec16
June            142            122              20 16%
Warrior Met Coal Brookwood AL Dec16
June            130             (50)            180 NM
Vulcan Materials Birmingham AL Dec16
June            112            127             (15) -12%
Cliffs Natural Resources Cleveland OH Dec16
June              77              30              47 157%
Alliance Resource Partners LP Tulsa OK Dec16
June              63              83             (20) -24%
Summit Materials Denver CO Dec16
June              52              22              30 136%
MDU Resources Group Bismark ND Dec16
June              44              46               (2) -4%
Arch Coal St Louis MO Dec16
June              37           (176)            213 NM
Tahoe Resources Reno NV Dec16
June              33              17              16 94%
US Silica Holdings Inc Frederick MD Dec16
June              29             (12)              41 NM
Compass Minerals Intl Inc Overland Park KS Dec16
June               (6)                6             (12) NM
Coeur Mining Chicago IL Dec16
June             (11)              14             (25) NM
Hecla Mining Co  Coeur D'Alene   ID Dec16
June             (24)              24             (48) NM
Peabody Energy St Louis MO Dec16
June           (218)           (223)                5 NM










Total all 16




           927            251            676 269%