In March 2020, prior to the COVID-19 pandemic, steel prices traded between $500 and $800. The price of steel as of July 2021 is up over 200%, trading at $1,800, and many involved in the...
The popularity of autonomous haul trucks is gradually growing across surface mines, with miners taking advantage of improvements to productivity; reductions in accidents and operating costs; increased machine life and tyre life and lower fuel...
Global iron ore production to recover by 5.1% in 2021 after Covid-19 hit output in 2020, says GlobalData
Global iron ore production fell by 3% to 2.2bnt in 2020. Declines from Brazil and India were major contributors to the reduced output in 2020.
Gold production from top eight companies expected to increase by up to 3.1% in 2021, says GlobalData
Production from the world’s eighth-largest gold producers decreased by 6.5% to 25 million ounces (Moz) in 2020 due to lower ore grades, sale of assets, lower mill throughput and lower recoveries.
With leading mining companies pledging to significantly reduce greenhouse gas emissions and many targeting carbon neutrality by 2050, a switch from diesel-fuelled vehicles to battery-powered will be a critical step.