Top mining companies operating expenses 2023

In 2022, the 40 leading companies in the mining industry had operating expenses of approximately 670 billion U.S. dollars, an increase compared to 633 billion U.S. dollars of operating expenses reported during the previous year. It is forecast to grow to some 642 billion U.S. dollars in 2023.

Total operating expenses of the top mining companies worldwide from 2005 to 2022, with a forecast for 2023 (in billion U.S. dollars)

Characteristic	Operating expenses in billion U.S. dollars
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Release date

June 2023

More information

Region

Worldwide

Survey time period

2005 to 2022

Special properties

Top 40 mining companies

Supplementary notes

* Forecast.
This statistic includes the aggregated results of the top 40 companies by market capitalization, as reported in PwC's Mine report in each of the respective years disclosed, except for 2014, which uses the current years’ Top 40’s financial comparative financial results. These companies represent the vast majority of the industry and serve as a proxy for the industry as a whole.
All income statement data presented excludes Glencore marketing and trading revenue and costs.
This statistic was assembled using various editions of the report.

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