How Has The Increase In Copper Production At Batu Hijau Impacted Newmont Mining’s Copper Mining Operations?

+43.41%
Upside
35.81
Market
51.36
Trefis
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Newmont Mining

The mining of high grade ore sections at the Batu Hijau mine in Indonesia resulted in a sharp increase in Newmont Mining’s copper production in 2015. The mining of high grade ore and the sharp increase in output resulted in a lowering of unit costs in 2015, which boosted the prospects of the copper mining division in an environment of subdued copper prices. However, a fall in overall output in 2016 due to the mining of lower grade ores at Batu Hijau will translate into a slight increase in unit costs.

Impact of Batu Hijau

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Newmont Mining

 

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