KNT Gold/Copper/Silver Revenue WeightingI posted a similar revenue weighting based on 2nd quarter 2023 data.
The total revenue for 4th q, 2023 was $75,300,000.
Obviously, both the price and production volume of each metal changes
quarter to quarter, sometimes significantly.
The most recent sales data (4th q, 2023) is as follows:
Gold= 33273 oz w realized gold price at $1898/oz
Copper= 3,061,956 lbs w est copper price at $3.75lb
Silver= 63,301 oz w est silver price at $22.80/oz
Therefore, the current revenue weighting is as follows:
Gold= 84% (most precise)
Copper= 14% (est based on $3.75/lb
Silver= 2% (est and rounded up)
In short, gold is still the primary revenue driver even with copper and silver
Prices also trending higher.