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Africa’s platinum mining sector is set to experience a 6.4% year-on-year production decline in 2025, with output projected to fall to 4,771.2koz from 5,096.2koz in 2024, driven largely by operational headwinds such as power shortages, extreme weather, and rising costs in South Africa, which produces over 80% of global platinum output, reveals GlobalData, a leading […]
Mine-site investment in safety-related technologies rising, says GlobalData
High levels of investment are being made in areas such as mine planning and management software, mine communication, and predictive maintenance, with increasing levels of investment in safety-related technologies that include drones, collision avoidance, and fatigue detection, according to the latest global mine-site technology adoption survey by GlobalData, a leading data and analytics company. The […]
Global platinum production to rebound in 2021, after a steep decline due to COVID-19, says GlobalData
Global platinum production is expected to recover by 21.9% in 2021 after a steep decline in 2020, says GlobalData. The leading data and analytics company notes that recovery in the automotive and jewelry sectors has led to a rise in demand for platinum production, which will reach 6.03 million ounces (moz). Vinneth Bajaj, Mining Analyst […]
Gold production from top ten companies to recover in H2 after poor H1
If the 2021 production guidance are met, the collective production of the top ten global gold producers* is expected to recover by around 13.5% in H2 2021, compared with H1, according to GlobalData. The leading data and analytics company notes that total production is expected to be 14.9 million ounces (moz) in H2, compared to […]
Global nickel production to recover by 6.8% in 2021, supported by Indonesia and the Philippines, says GlobalData
Global nickel mine production is expected to grow by 6.8% to reach 2,427.4 thousand tonnes (kt) in 2021, after registering an estimated 4.2% decline to 2,272kt in 2020, owing to COVID-19-related lockdowns and restrictions, says GlobalData. The leading data and analytics company notes that output from Indonesia (+16.3%), the Philippines (+5.1%) and Brazil (+24%) will […]
Global zinc production set to recover 5.2% in 2021 following ~6% decline in 2020, says GlobalData
Zinc mines are recovering from the impacts of COVID-19, according to GlobalData, with production expected to recover by 5.2% in 2021 to reach 12.8 million tonnes (Mt). The leading data and analytics company notes that production declined by approximately 5.9% to 12.1Mt in 2020, mainly due to COVID-19 related lockdowns and restrictions; however, looking ahead, […]
Global diamond production to grow by 1.4% in 2021 as mines return to operation and demand recovers, says GlobalData
Global rough diamond production is expected to recover by 1.4% to reach 112.99 million carats (Mct) in 2021, after registering an estimated 19.4% decline to 111.4Mct in 2020, owing to the COVID-19 pandemic, according to GlobalData. The leading data and analytics company notes that significant recoveries in output are expected in Botswana (+37%), Canada (+16.6%) […]
Global bauxite production to grow by 3.8% in 2021, supported by rising output from Australia and Guinea, says GlobalData
After rising by an estimated 1.2% in 2020 to 359.2Mt, global bauxite production is forecast by GlobalData to increase by 3.8% in 2021 to reach 372.8Mt. The leading data and analytics company notes that increased output from mines in Australia (+4.1%) and Guinea (+3.6%), as well as production from mines elsewhere returning to their pre-COVID […]
Global lead production to recover by 4.6% in 2021, after a 5% fall in 2020, says GlobalData
Global lead production is forecast by GlobaData to recover by 4.6% and reach 4,690.3 thousand tonnes (kt) in 2021 thanks to increased output from mines in China (+3.3%) and Peru (+9.9%). The leading data and analytics company notes that China, Australia, Russia and Canada will be the key contributors to future growth to 2025. Vinneth […]
India coal market sees growth, supported by entry of private players, despite COVID-19 challenges and long-term shift to renewables, says GlobalData
India’s coal production is expected to grow from 777Mt in 2020 to 827.8Mt in 2021, a 6.4% increase. This follows growth of 3.1% in 2020, an impressive feat given the operational disruption caused by COVID-19. A key to this increase in output is the entry of private players to the industry, according to GlobalData, a […]
Global uranium production to recover by 3.1% in 2021, after limited growth in recent years and COVID-19, says GlobalData
Global uranium production is expected to recover by 3.1% to reach 51.2kt in 2021, thanks to the return of production at Cigar Lake in Canada and other mines suspended during 2020. Output growth from Kazakhstan (+15.5%) and Russia (+5.2%) will contribute significantly to the overall growth, according to Globaldata, a leading data and analytics company. […]
Copper production from top ten companies to increase by up to 3.8% in 2021, says GlobalData
Production from the world’s top ten copper mining companies decreased in 2020, albeit by a marginal 0.2% to 11.76 million tonnes (Mt). The initial impact of the COVID-19 pandemic on mining operations was immense, however, six of the ten largest producers succeeded in increasing output in the year. In 2021, copper production from the top […]
Global iron ore production to recover by 5.1% in 2021, after COVID-19 hit output in 2020, says GlobalData
Global iron ore production fell by 3% to 2.2bnt in 2020. Global production is expected to grow at a compound annual growth rate (CAGR) of 3.7% to 2,663.4Mt between 2021 to 2025. The key contributors to this grow will be Brazil (6.2%), South Africa (4.1%), Australia (3.2%) and India (2.9%). Key upcoming projects expected to […]
Noerr and Stikeman Elliott top M&A legal advisers by value and volume in metals & mining sector for Q1 2021, finds GlobalData
Noerr and Stikeman Elliott were the top mergers and acquisitions (M&A) financial/legal advisers in metals & mining sector for Q1 2021 by value and volume, respectively. Noerr advised on two deals worth US$1.7bn, which was the highest value among all the advisers. Meanwhile, Stikeman Elliott led in volume terms having advised on six deals worth […]
Goldman Sachs, Perella Weinberg Partners top M&A financial advisers by value in metals & mining sector for Q1 2021, TD Securities led by volume, finds GlobalData
TD Securities was the top mergers and acquisitions (M&A) financial adviser in the metals & mining sector for Q1 2021 by volume, while Goldman Sachs and Perella Weinberg Partners jointly held the top position by value. Both Goldman Sachs and Perella Weinberg Partners advised on one deal each worth US$1.7bn, which was the highest value […]
Gold production from top eight companies expected to increase by up to 3.1% in 2021, says GlobalData
Production from the world’s eight largest gold producers (Newmont, Barrick, AngloGold, Polyus, Kinross, Gold Fields, Newcrest and Agnico-Eagle) decreased by 6.5% to 25 million ounces (moz) in 2020 due to lower ore grades, sale of assets, lower mill throughput and lower recoveries. Production from the top eight companies is expected to recover and will be […]
Copper production in Chile is forecast to rise by 3.7% in 2021, says GlobalData
In 2021, Chile’s copper output is expected to grow by 3.7% to 5,957.1kt. This figure is expected to reach 6,702.8kt in 2024 – posting a compound annual growth rate (CAGR) of 4%. Over 20 projects are expected to commence operations during this period, of which, seven are under construction and expected to add 641.3kt of […]
Coal production from top ten mining companies expected to increase by up to 6.6% in 2021, says GlobalData
Coal production from the top ten mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi […]
Global coal production expected to rise by 3.5% in 2021, says GlobalData
Global coal output is estimated to have declined by 2% in 2020 due to COVID-19-related lockdowns and restrictions, with significant reductions observed in the US (23.6%), Indonesia (13.1%), Russia (8.1%) and Australia (5.5%). These were only partially offset by increases in China (4%) and India (0.7%). Additionally, during the last year, there was an estimated […]
Copper production in Peru is forecast to rise by 10.4% in 2021, says GlobalData
In 2020, Peru witnessed the highest fall in copper production in its history, mainly due to the COVID-19 pandemic, with an estimated decline of 13% to 2,137.6kt. In 2021, the country’s copper production is forecast to bounce back by 10.4%, to reach 2.4 million tonnes (Mt), and then 3.1Mt by 2024, equivalent to a compound […]