South32 Says All Operations Impacted by Rising Costs

South32 Says All Operations Impacted by Rising Costs

Assessment

Interactive Video

Business, Social Studies, Biology

University

Hard

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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.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the net income reported by the mining company?

$321 million

$432 million

$543 million

$654 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Labor strike

Earthquake

Equipment failure

Flooding