Focus:
Comment
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10 June 2020
Australian iron ore production potentially to grow in 2020 despite Cyclone Damian and Covid-19
Australia, which is the world’s leading producer and exporter of iron ore, experienced slower production growth in 2019 of 1.2%, versus 2.8% in 2018, partly due to the effect of...
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28 May 2020
Commodity prices stabilising in May after a rollercoaster start to the year
Two months on from severe fluctuations in the prices of many commodities, when COVID-19 cases began to rise exponentially worldwide, commodity prices began to stabilise in May, with a delicate...
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28 May 2020
Capex for leading miners to fall in 2020 as US$6.5bn cut from initial guidance
Initial 2020 guidance for 20 leading miners pointed to a possible 11% increase in their collective expenditure to US$54.7bn. However, after a series of mining companies have revised their guidance,...
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28 May 2020
Brazil’s iron ore production set to recover post-Brumadinho disaster and Covid-19 to reach 498.3Mt by 2024
Brazil is the world’s second largest iron ore producer and exporter after Australia. However, since the start of 2019, production has suffered due to the Brumadinho tailings dam disaster, weather-related...
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27 May 2020
Amid Covid-19 challenges for raising capital, gold M&As were a feature of Q1 2020
The total value of mining deals declined by $3.4bn to $22.8bn in Q1 2020, a second consecutive decline. A series of challenges and high economic uncertainty has kept investors away...
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20 May 2020
Mining equipment suppliers facing a tough second quarter
The spread of Covid-19 over the course of the first quarter of 2020 negatively impacted leading mining equipment suppliers’ revenues and profits with revenues down by between 7% and 21%....
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11 May 2020
Impact of Covid-19 on African mine production
The spread of Covid-19 across Africa has caused a large-scale impact on mining operations. To curtail the spread of the virus, many countries announced national lockdown measures, ranging from a...
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30 April 2020
Mining operations on hold due to Covid-19 drops to 729
Since mid-March, the response to the pandemic from governments has led to severe disruption to mining operations across a large number of countries. In all 32 countries have passed partial...
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21 April 2020
COVID-19 threatens 2020 mining CapEx growth
At the start of the year, 2020 looked to be promising for capital expenditure with the top 20 miners, for example, collectively expecting CapEx growth of 11%. However, COVID-19 has...
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21 April 2020
South African lockdown another dent to global platinum production
The 21-day lockdown that has commenced across South Africa’s mining sector will particularly impact the global supply of platinum and other PGMs. However, with declining demand from the autocatalyst and...