Commodities may be broadly moving back into global market balance and even surplus, but the mining sector’s challenges are far from over. In a world of deeper mines, more complex ore bodies, rising energy costs, social and geopolitical risks, infrastructure
30-10-2018 5 Top 10 business risks facing mining and metals in 2019–20 A narrow, legacy focus on license to operate may be the strategy that puts you out of business. Applying just the social and environmental lenses, seeing it as a soft issue or
3. Access to Capital. Access and allocation of capital is often cited as one of the biggest issues facing the mining industry, especially for its juniors. Rocketing exploration and production costs have impacted profit margins and left investors reticent to engage with new projects, especially with smaller companies.
Top 10 business risks facing mining and metals (Chapter breaker) 1. ... safety and environmental management in the mining industry. ... Mining companies will also need to re-evaluate their appetite for risk to ensure they are not missing out on new opportunities by taking a complacent or conservative approach to allocating capital.
21-11-2017 The mining industry is still recalibrating to a set of strong headwinds after the commodity boom peaked in 2011. From volatile market conditions to resource scarcity and environmental mandates, the challenges facing the mining industry has forced miners to re-think the way they operate.
13-12-2019 Julia Gartley, a mineral process engineer at BBA Vancouver, outlines what she sees as the five biggest challenges facing the mining sector today.
06-03-2014 Accelerating Science Advancing Mining / Coal / Key Issues Facing the Mining Industry in 2014. Key Issues Facing the Mining Industry in 2014 By Christopher Shaffer 03.06.2014 The pressure on mining companies to be efficient, productive, and profitable has never been greater.
30-10-2018 quickly become part of a mining company’s DNA in the same way as safety is. 2 Digital effectiveness “Digital effectiveness” is key to gaining a competitive advantage. However, in a recent poll of over 600 mining and metals executives, it was revealed that a significant 37% of management have little or no knowledge of the digital landscape.
Deloitte Global report outlines top 10 issues facing mining companies in 2016 Weak commodity prices, declining grades and slowdown in demand from China to continue Toronto, ON – November 30, 2015 - Weak commodity prices, declining grades and a falloff in demand from China will continue the global mining sectors’ downward cycle well into 2016.
Innovation could bring a much-needed step change to address key structural issues in the mining sector, namely: Declining ore grades; Increased mining in remote and difficult locations; Access and cost of energy and infrastructure; Increasing operational complexity; Improving water management
21-11-2017 Top 4 Challenges Facing The Mining Industry 1. Market Volatility And Weak Global Demand. The global commodities boom in the early 2000s was driven primarily by the... 2. Resource Scarcity and Quality. One of the major challenges facing the mining industry today is that there are fewer... 3. Talent ...
Tailings management is becoming an ever-bigger challenge for the mining industry. Ore grades are generally declining – as the best known deposits are steadily being depleted – causing us to need more ore to yield the same amount of metals and minerals.
From a volatile commodities market to financing, safety, and employment issues, the pressure on mining companies to be efficient, productive, and profitable has never been greater. In this post we’ll examine a few of the major dilemmas the industry is grappling with, as well as some of the technologies that may be able to help. Productivity
Mining, Part 3: In his three-part series, Dr Buck Emberg presents a balanced examination of both the need for mining and the environmental consequences of extracting minerals. He explains that mining has been a human activity since before the Stone Age and will remain so in the future. He contends that mining is here to stay, and we must learn to live with mines and mining companies must learn ...
intervention were identified: climate cha nge, small-scale mining, cleaning up the legacy. of the past, promoting good govern ance and raising the bar in setting high stan dards. oriented toward ...
Top 6 WW Treatment Problems Facing the Metals and Mining Industry 1. Tackling Water Pollution for Reuse. Wastewater from extraction activities needs to be carefully monitored to avoid... 2. Water Management for Sustainable Mining. The nature of the natural settings, influent shock, and wastewater ...
VIDEO: Deloitte's fifth annual global mining report on pressing issues and practical solutions to problems. Top 10 trends facing the mining industry - MINING.COM
Innovation could bring a much-needed step change to address key structural issues in the mining sector, namely: Declining ore grades; Increased mining in remote and difficult locations; Access and cost of energy and infrastructure; Increasing operational
Yet, this modern myth states that mining IS sustainable. However, mining conglomerates are the least sustainable of all industries. Hitherto, most governments have accepted the false idea of limitless growth. They accordingly have legislated in favour of the mining industry
As I see it, there are two main risks to the mining industry stemming from sovereign capital. The first is that existing mining industry participants don’t adapt to the new reality. Sovereign capital is driving a lot of investment in the mining industry today and mining companies need
Despite the loosening of some investors’ purse strings, funding and cash flow lead the list of challenges facing the mining industry, according to Ernst Young. Here are the top 10 risks, as rated by the firm. Mining and metals companies are left scrambling to achieve cost containment following the remarkable drop in commodity prices, which ...
WATER. Damage to water and water resources is the worst environmental consequence of gold mining. From California's Sierra Nevada in the 1850s to the lands of the Pemon in Venezuela today, people have ruined rivers by using high-pressure hoses to spray down the
Key Challenges Facing The Mining And ... The mining industry is not immune from this and is probably more deeply affected by these changes than other sectors of the economy.
Five common challenges facing the mining industry 1. Access to Energy. As resources in some areas become scarce or depleted, companies are forced to push new frontiers of... 2. Health and Safety. Mining can be a dangerous profession. The traditional occupational hazards such as coal dust... 3. ...
In addition to the traditional risk factors, the mining industry now faces an even wider range of challenges. Factors such as climate change, new technologies, economic uncertainties and secure supply of key consumables like electricity, water, gas and other fuels are all difficult to predict and bring additional complications to securing appropriate balance sheet protection.
10-05-2013 ABN's Karema Brown speaks with Bheki Sibiya, CEO of the Chamber of Mines, to discuss the challenges facing the industry.
With limited supply and greater demand by water-intensive industries such as mining, oil sands, and natural gas developments, concerns regarding competition for water resources are likely to rise and become a source of friction for communities and industries, such