Mining

Mining

Silver production forecast to rise by 8.1% in 2021 after output was impacted by COVID-19

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 silver-producing countries, particularly Peru, Mexico and China. In addition, depleting ore reserves have been a major concern for the industry in the recent years. […]

Mining

Global copper production to recover by 5.6% in 2021, after COVID-19 hit output in 2020, says GlobalData

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% to 20.1Mt in 2020. Looking ahead, global copper production is expected to experience growth of 5.6% to 21.3kt in 2021, supported by mines returning to full production, as well as the ramp-up of new mines starting in 2021, according to GlobalData, a leading data and analytics company. Production is expected to reach 24.6Mt in 2024 – a CAGR of 5%. Chile, Peru, Australia, Indonesia, and the […]

Mining

Global gold production to bounce back with 5.5% growth in 2021 after COVID-19 hit output in 2020

After declining in 2019, global gold production was adversely affected by the COVID-19 pandemic in 2020, while suspension of expansion works and contractions from mines nearing closure also added to the decline. Overall, output was estimated to have declined by 5.2% to 108 million ounces (moz), according to GlobalData, a leading data and analytics company. […]

Mining

Predictive maintenance is investment priority for miners with 48% likely to invest in the next two years, says GlobalData

The drive to improve productivity and reduce downtime will lead to further investment by mining companies, large and small, in predictive maintenance for both plant and mobile equipment in the next two years, according to leading data and analytics company, GlobalData. A mine-site survey by the company revealed that, while over three quarters of mines […]

Business Fundamentals, Mining

Linklaters and Blake Cassels & Graydon were top M&A legal advisers by value and volume in global mining sector for 2020

Linklaters and Blake Cassels & Graydon were the top mergers and acquisitions (M&A) legal advisers in the global mining sector for 2020 by value and volume, respectively. Linklaters advised on six deals worth US$6.4bn, which was the highest among all the advisers. Meanwhile, Blake Cassels & Graydon led in volume terms having advised on 16 […]

Mining

COVID-19 to reduce global platinum demand by 7.2% in 2020

Global platinum demand is set to fall by 7.2% in 2020, with the COVID-19 pandemic driving significantly lower demand from the auto and jewellery sectors. Typically these two sectors would account for 34% and 24% of total demand, respectively, with the remainder for industrial uses and investment, according to GlobalData, a leading data and analytics company. Ankita Awasthi, Senior Mining Analyst at GlobalData, comments: “China and Japan are the top two platinum-consuming nations and together account for 35.5% […]

Mining

COVID-19 and advancement of Indonesia’s export ban to reduce global nickel output by 7.4% in 2020, says GlobalData

Global nickel production is expected to decline by 7.4% to 2,195 thousand tonnes (kt) in 2020. Temporary suspensions of mines caused by the COVID-19 pandemic, along with the advancement of Indonesia’s export ban are expected to be the significant contributors towards this decline, according to GlobalData, a leading data and analytics company. Indonesia’s mine production […]

Mining

Global lithium demand to more than double by 2024, as electric vehicle battery production quadruples

With the annual production of electric vehicles (EVs) set to grow from 3.4 million in 2020 to 12.7 million in 2024, and battery production growing from 95.3GWh to 410.5GWh over the same period, demand for lithium is expected to rise from a forecasted 47.3kt in 2020 to 117.4kt in 2024 at a 25.5% compound annual growth rate (CAGR), according to GlobalData, a leading data and analytics company. Vinneth Bajaj, Senior Mining Analyst at GlobalData, comments: “Lithium metal production is expected to reach 134.7kt versus 58.8kt in 2020. […]

Mining

Copper output from world’s top ten producers declined by 3.7% y-o-y in Q2 2020, says GlobalData

Lockdowns across Chile, Peru and Mexico, including the closure of some of the world’s largest copper mines, were a key factor behind a 3.7% collective decline in copper output from the world’s top ten producers in Q2 2020, from 2.7 million tonnes (Mt) to 2.6Mt. Overall production of copper is forecast to drop by 1.5% in 2020, falling to 20.3Mt, according to […]

Mining

Global gold output to contract by 1.7% in 2020 due to COVID-19, says GlobalData

The shutting and suspensions of mines due to COVID-19 restrictions, primarily during the second quarter (Q2), is expected to result in a 1.7% decline in the global gold production in 2020. Almost all of the top producers are expected to witness a decline in the production levels during 2020 owing to the pandemic and consequent […]

Mining

Mining deal value fell by over $18bn in first half of 2020, as COVID-19 disrupts flow of capital

Global mining deal value, suffering from an unanticipated shock from the COVID-19 pandemic, fell by over US$18bn when compared to the first half of 2019 to US$46.6bn in the first half of 2020. An expected slump in the global economy, steered by a series of challenges, has kept investors away from long-term financial instruments, resulting […]

Mining

Global bauxite supply to be marginally affected amidst COVID-19 measures, says GlobalData

The global bauxite mine production is expected to be marginally affected by the temporary suspension of mines due to the COVID-19 pandemic and is forecast to decline by just 0.1% to 344Mt in 2020, says GlobalData, a leading data and analytics company. Production in Australia is expected to increase by 1.9% to 107.2kt in 2020, […]

Mining

COVID-19 to reduce global lead production by 5.2% in 2020

Global lead production is expected to decline by 5.2% to 4.5 million tonnes (Mt) in 2020. The outbreak of the COVID-19 pandemic in late December 2019 significantly impacted the mining industry in the first half of 2020, and continues to do so, says GlobalData, a leading data and analytics company. Overall global lead mine production […]

Mining

Mining M&A and capital raising fell by over US$6.6bn in Q2 2020 as COVID-19 impacted deals

After a flat first quarter of 2020, the total value of mining deals – including mergers and acquisitions (M&A), capital raising and asset transactions – declined by US$5.3bn to US$20.6bn in Q2 2020, according to GlobalData, a leading data and analytics company. Vinneth Bajaj, Senior Mining Analyst at GlobalData, comments: “Mining M&A values dropped by […]

Business Fundamentals, Mining

BMO Capital Markets was top M&A financial adviser by value and volume in global metals and mining sector in H1 2020

BMO Capital Markets was the top financial adviser for mergers and acquisitions (M&A) deals in the global metals and mining sector by deal value and volume in the first half (H1) of 2020, having advised on 12 deals worth US$4.4bn, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Financial Deals Analyst at […]

Business Fundamentals, Mining

McCarthy Tetrault was top M&A legal adviser by value and volume in global metals and mining sector in H1 2020

McCarthy Tetrault was the top legal adviser for mergers and acquisitions (M&A) deals in the global metals and mining sector by deal value and volume in the first half (H1) of 2020, having advised on seven deals worth US$3.5bn, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Financial Deals Analyst at GlobalData, […]

Mining

Despite disruptions during Q1, global coal production is expected to reach 8.13Bnt in 2020, says GlobalData

Despite disruptions during Q1 2020, global coal production is expected to grow, albeit by a marginal 0.1% to 8.13 billion tonnes (Bnt) in 2020, says GlobalData, a leading data and analytics company. A 7.8% fall in production in the US will be a major factor in the overall limited output. However, this will be offset by […]

Mining

COVID-19, climatic disruptions and auction delays to reduce global iron ore production by 1.2% in 2020, says GlobalData

Global iron ore production is expected to decline by 1.2% in 2020 to 2,230.8 million tonnes (Mt) as the leading producers are affected by a range of factors including weather-related disruptions, auction adjournments and mine closures due to COVID-19, says GlobalData, a leading data and analytics company. In Australia, which is the world’s largest producer […]

Mining

Global iron ore consumption to drop by 2.8% driven by COVID-19 impact and lack of demand in auto industry, says GlobalData

The impact of COVID-19 on the mining industry has been strained by the struggling global automotive industry, which consumes approximately 17% of iron ore globally. Global light vehicle sales fell by 24% in Q1 2020, then 47.5% in April and 33.8% in May. Although sales were boosted by improvements in China in May, where light […]

Mining

Mining operations on hold due to COVID-19 lockdowns drops to 729, says GlobalData

Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to severe disruption of mining activities across a large number of countries. A total of 32 countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines, as of 3 April. However, as lockdowns […]

Prev 1 2 3 Next

Silver production forecast to rise by 8.1% in 2021 after output was impacted by COVID-19

Global copper production to recover by 5.6% in 2021, after COVID-19 hit output in 2020, says GlobalData

Global gold production to bounce back with 5.5% growth in 2021 after COVID-19 hit output in 2020

Predictive maintenance is investment priority for miners with 48% likely to invest in the next two years, says GlobalData

Linklaters and Blake Cassels & Graydon were top M&A legal advisers by value and volume in global mining sector for 2020

COVID-19 to reduce global platinum demand by 7.2% in 2020

COVID-19 and advancement of Indonesia’s export ban to reduce global nickel output by 7.4% in 2020, says GlobalData

Global lithium demand to more than double by 2024, as electric vehicle battery production quadruples

Copper output from world’s top ten producers declined by 3.7% y-o-y in Q2 2020, says GlobalData

Global gold output to contract by 1.7% in 2020 due to COVID-19, says GlobalData

Mining deal value fell by over $18bn in first half of 2020, as COVID-19 disrupts flow of capital

Global bauxite supply to be marginally affected amidst COVID-19 measures, says GlobalData

COVID-19 to reduce global lead production by 5.2% in 2020

Mining M&A and capital raising fell by over US$6.6bn in Q2 2020 as COVID-19 impacted deals

BMO Capital Markets was top M&A financial adviser by value and volume in global metals and mining sector in H1 2020

McCarthy Tetrault was top M&A legal adviser by value and volume in global metals and mining sector in H1 2020

Despite disruptions during Q1, global coal production is expected to reach 8.13Bnt in 2020, says GlobalData

COVID-19, climatic disruptions and auction delays to reduce global iron ore production by 1.2% in 2020, says GlobalData

Global iron ore consumption to drop by 2.8% driven by COVID-19 impact and lack of demand in auto industry, says GlobalData

Mining operations on hold due to COVID-19 lockdowns drops to 729, says GlobalData

Browse

Company information