Gold and Silver Ores: capital spending and supply chain
SIC 1040 · 6 companies with filed cash-flow statements
Capital spending, 12 months$3.5B
Operating cash flow$14.5B
Capex / cash flow24%
Capex / revenue11.6%
Top 3 share98%
Analysis
6 companies in Gold and Silver Ores (SIC 1040) spent $3.5B on capital projects over their latest twelve months, 24% of the $14.5B their operations generated; the three largest spenders — NEM, CDE, IAUX — account for 98%.
Capital spending is 11.6% of the industry's $30.7B of annual revenue.
By the industry's asset mix most of it goes to structures (64%); about $268M is imported.
The largest supplier of that spending is other nonresidential structures ($1.4B).
Its largest supplying industries, by the input-output tables: iron, gold, silver, and other metal ore mining ($1.4B), electric power generation, transmission, and distribution ($953M), imports ($835M).
Charts
Filed cash-flow statements (SEC XBRL).Capital spending × the industry’s asset mix (BEA fixed assets): grade C, an industry average applied to filed figures.BEA fixed assets: investment by asset type → supplying industry. Estimates (grade C).Purchased inputs × the industry’s input mix (BEA Use table), US part: grade C.The companies’ cash-flow statements, latest four quarters or fiscal year: every figure filed (grade A).
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.