Critical materials markets 2021 outlook
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president of Toronto-based Stormcrow Capital spoke…
Analysis
Scotiabank’s Marc Desormeaux looks at 2021 and the continuing impact of Covid-19 on metals markets
For Scotiabank senior economist Marc Desormeaux, forecasting what the 2021 global commodity markets will be like, especially for industrial metals, is heavily predicated on the ability of nations to respond…
Political turmoil in Peru could slow major infrastructure works
The sudden removal of a popular president amidst the coronavirus pandemic plunged Peru into chaos last month. On Nov. 9, Peru’s single-chamber Congress voted to impeach President Martín Vizcarra amid…
US presidential election will impact clean energy, EVs: report
Market analyst Wood Mackenzie has published a report outlining what the future of clean energy and electric vehicles may look like following the Nov. 3 election in the United States….
Global platinum demand to decline 7% in 2020: GlobalData
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, according to GlobalData, a U.K.-based…
Energy metals require significant investment: Wood Mackenzie
An investment of at least US$1 trillion will be needed in key energy transition metals over the next 15 years “to meet the growing demands of decarbonization,” reports consultants Wood…
License to operate still top concern for miners: EY report
License to operate (LTO) remains, for the third consecutive year, the number one issue for miners, according to a survey by Ernst & Young with over 250 executives, while a…
Top 10 mining property deals in the last five years
Large scale property acquisitions peaked in 2016–2017 led by China Molybdenum’s purchase of the Tenke Fungurume mine in the Democratic Republic of the Congo. China Molybdenum bought Freeport-McMoRan’s (NYSE: FCX)…
Industry survey captures concerns about long-term impact of Covid-19
In our second article examining the results of The Northern Miner and Canadian Mining Journal’s reader survey on the industry’s response to the Covid-19 pandemic, we look at respondents’ concerns about the long-term…
Covid-19 creates ‘perfect storm’ for gold investment: World Gold Council
With the price of gold having crested US$2,000 an ounce, the World Gold Council released its latest report on the precious metal’s demand trends. The Gold Demands Trends report covers…
Gold miners will struggle to maintain 2019 production levels, Wood Mac says
Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight,…
India-based diamond processing hub re-opens at lower volumes
After being closed for almost two months due to the coronavirus pandemic, the diamond manufacturing hub of Surat, India, where most of the world’s rough diamonds are cut and polished,…