The global mining industry experienced a 20% drop in company filings mentions of cloud in Q1 2024 compared with the previous quarter, with the highest share accounted for by Wheaton Precious Metals with 67% year-on-year increase, according to GlobalData’s analysis of over 68 mining company filings. GlobalData’s Mining: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the mining industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, cloud was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of environment and quantum computing, according to GlobalData.
Of the top leading companies in the mining industry, Wheaton Precious Metals had the greatest increase in references for cloud in Q1 2024, compared with the previous quarter. GlobalData identified five cloud-related sentences in the company's filings - 0.2% of all sentences - and an increase of 67% in Q1 2024 compared with Q1 2023. Gold Fields’s mentions of cloud rose by 100% to 4 and CNH Industrial’s by 33% to 2 and Deere & Co’s by 100% to 2.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cloud in Q1 2024 was 95.
For further understanding of GlobalData's Mining: Filings Trends & Signals Q1 2024, buy the report here.
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