We’ve provided a selection of mining companies due to report and a bit about what to look out for.
Wednesday 12 August – OzMinerals
Sold it’s 19.1 per cent stake in Sandfire in March.
Thursday 13 August – Whitehaven Coal
Posted a 66 per cent production increase in the June quarter.
Monday 17 August – Newcrest Mining
Lifted copper and gold production to meet full-year production targets.
Tuesday 18 August – Iluka Resources
Expected to boost its dividend payout to $0.10 dividend per share.
Wednesday 19 August – Alumina Limited
Goldman Sachs recently downgraded to a “sell”.
Thursday 20 August – Fortescue Metals Group
Iron shipments growing at a rate faster than rivals BHP Billiton and Rio Tinto.
Mount Gibson Iron
Planning to increase Extension Hill production but expected to still remain cashflow negative.
Tuesday 25 August – BHP Billiton
Easily bet production guidance in the year ending June 2015 as it aims for 290 mtpa.
Western Areas
Posted a strong June quarter but continues to battle negative nickel movement.
Independence Group
Battling share price slides despite record results announced in June quarterly.
Wednesday 26 August – BC Iron
Implemented significant cost-cutting efforts as it competes with iron ore price.
Thursday 27 August – Evolution Mining
Operating margins have doubled thanks to exchange rate.
Friday 28 August – Sandfire Resources
Has lifted future guidance to 1.6Mtpa run rate.
Northern Star Resources
Has announced a 44 per cent resource upgrade but flags lower production.
Monday 31 August – Atlas Iron
Hoping to break even despite challenging June quarter.
*Dates compiled from Commsec data – subject to change.
