Business Chief APAC+ANZ Magazine June 2015 | Page 26

7 . ALCOA INC .
6 . BARRICK GOLD
5 . NEWCREST MINING
TOP 10
7 . ALCOA INC .
The world ’ s third-largest producer of aluminum , Alcoa , Inc . is headquartered in New York City , but also operates bauxite mines in Western Australia — the Huntly and Wilowdale mines . It ’ s also the global leader in lightweight metals , technology , engineering and manufacturing . Alcoa ’ s 2014 operating performance was its strongest since 2008 , while its 2014 net income was AUD $ 1.1 billion or AUD $ 0.92 per share . It also managed growth capital expenditures of AUD $ 848 million against a AUD $ 500 million annual target , controlled sustaining capital expenditures of AUD $ 735 million against a AUD $ 750 million annual target and invested AUD $ 91 million in its Saudi Arabia joint venture project against a AUD $ 125 million annual target .
6 . BARRICK GOLD
The largest gold mining company in the world , Barrick Gold Corporation is currently overseeing projects in Australia as well as several other countries . In 2014 , it produced 6.5 million ounces of gold at US $ 864 an ounce . Five core mines in North and South America are expected to account for 60 per cent of its production in 2015 . At two grams per tonne , those mines have an average reserve grade of more than double the average of similar-sized companies and are among the most attractive assets in the entire gold industry .
5 . NEWCREST MINING
Based in Melbourne , Newcrest Mining specializes in the exploration , development , mining and sale of gold and gold-copper concentrate . It operates mines in four countries with a global workforce of about 10,000 along with an emphasis on maintaining low costs , growing
26 June 2015