Chinese demand for iron turbocharged Fortescue Metals’ profits amidst the...
Australian mining giant sees robust growth during the first year of the pandemic.The post Chinese demand for iron turbocharged Fortescue Metals’ profits amidst the Covid-19 pandemic appeared first on...
View ArticlePredictive maintenance expected to be a key focus for investment in the next...
The drive to improve productivity and reduce downtime will lead to further investment by mining companies in predictive maintenance.The post Predictive maintenance expected to be a key focus for...
View ArticleGlobal gold production to recover by 5.5% in 2021 after Covid-19 hit output...
Global gold production was adversely affected by the Covid-19 pandemic in 2020, with output estimated to have declined by 5.2%.The post Global gold production to recover by 5.5% in 2021 after Covid-19...
View ArticleMining capital expenditure to bounce back in 2021
After falling by an estimated 6% in 2020, the capital expenditure of 20 leading miners is expected to rise by 23% in 2021 to reach US$58bn. This will be the highest point since 2015 and will be...
View ArticleGlobal copper production to recover by 5.6% in 2021, after Covid-19 hit...
After two consecutive years of flat growth, mainly due to lower ore grades and the production disruptions, the impact of COVID-19 on mining operations led to global copper production declining by 2.6%...
View ArticleAfter declining ore grades and Covid-19 impacted silver output in 2020,...
Global silver mine production is estimated to have declined by 2.4% to 849.7 million ounces (moz) in 2020, the fourth consecutive annual decrease, partly owing to lockdowns and restrictions at top...
View ArticleRising fuel and power costs continue to affect miners
According to a survey of miners in October and November 2023, fuel and power costs remain the area where prices are increasing the most.The post Rising fuel and power costs continue to affect miners...
View ArticleUranium output to rise 11.7% in 2024 due to Kazakh and Canadian growth
Global uranium production in 2024 will be further bolstered by continuous ramp-up of Canada’s McArthur River mine.The post Uranium output to rise 11.7% in 2024 due to Kazakh and Canadian growth...
View ArticleOn-site renewables best option to cut mine site emissions up to 2030
Mining companies are progressing towards their interim greenhouse gas (GHG) reduction targets with the help of on-site renewable power. The post On-site renewables best option to cut mine site...
View ArticleUS copper supply to grow by 4% in 2024
On July 31, 2023, the US Department of Energy included copper metal in its list of critical minerals for the first time. The post US copper supply to grow by 4% in 2024 appeared first on Mining...
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