Mining Industry Quarterly Review, Q2 2020 – Tracking Commodity Prices, Production and Projects
Since the beginning of 2020, there was a sharp increase in the world gold prices, as the COVID-19 began to disrupt activities across China. While, the prices of other commodities, including lead, nickel, zinc, aluminium, platinum and palladium, also rose, although the price of coal continued to decline. On the other hand, production by the leading miners was generally lower for the major commodities in Q2 2020, except for iron ore, where Rio Tinto, Vale and BHP all delivered growth of over 5% relative to Q2 2019. The global production of iron ore is expected to decline by only 1.2% in 2020 to 2,230.8Mt. This compares with a predicted decline of 1.7% for copper. Gold production is expected to decline by 1.7% in 2020. Operations at several gold mines were temporarily suspended due to the virus, including Barrick’s Veladero, Pueblo Viejo and Porgera mines and Newmont’s Cerro Negro, Yanacocha, Eleonore, Penasquito and Musselwhite.
Scope
Analyse mineral commodity trends at a global level
Company production highlights for Q2 2020
Analyse project developments in the mining industry
Compare number of development projects in the mining industry by country, commodity and company
Identify the major projects that advanced in the most recent quarter
Track latest mining industry developments
Geographies covered include – Asia-Pacific, Americas, Europe, Middle East and Africa, Oceania and Former Soviet Union.
Analyse impact of coronavirus on the global mining industry
Reasons to Buy
Comprehensive evaluation of all development projects by commodity, country and company
Assess trends in project momentum
Analyse forecasted production trends for core commodities and mining ROM production
Understand trends with 2020 capex guidance for leading miners
Track latest company developments
Comprehensive evaluation of the impact of coronavirus on the global mining industry
Table of Contents
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