South32 Says All Operations Impacted by Rising Costs

The video discusses the financial performance of mining companies, highlighting a rise in net income and dividends. However, it also addresses concerns over rising costs of raw materials affecting miners like South 32. The company is restructuring its coal assets in South Africa, potentially leading to a Johannesburg listing. Newcrest's profit results are expected to be weaker due to past disruptions, but future growth plans are in focus.

What was the net income reported by the mining company?

• $321 million

• $432 million

• $543 million

• $654 million

What is a major concern for the mining company despite the rise in earnings?

• Decreasing demand for commodities

• Rising costs of raw materials

• Lack of skilled labor

• Environmental regulations

What strategic move is South 32 making with its coal mines in South Africa?

• Closing them down

• Expanding their capacity

• Operating them as a standalone business

• Selling them to a competitor

What potential outcome is suggested for South 32's standalone coal business?

• Closure due to low profits

• Expansion into new markets

• Merger with a larger company

• Listing in Johannesburg

What event caused production issues for Newcrest's largest mines?

• Labor strike

• Earthquake

• Equipment failure

• Flooding