Publicly Traded Mining Companies Spend $3.6B on PP&E in 2024
On a year-to-date basis, publically traded mining companies invested $3.6 billion in plant, property, and equipment (PP&E) enhancements, including acquiring new mining hardware. TheMinerMag reports that 16 mining companies have collectively raised over $5 billion in 2024, with Q3 exhibiting the highest level of PP&E expenditure since Q1 2022. Mining infrastructure expenditures comprised the majority […]