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…
Analysis
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 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,…
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…
BofA forecasts metal price recovery post-COVID-19
Bank of America forecasts global copper consumption could contract by 18% year-over-year in 2020 should global GDP drop by an estimated 4.2% due to economic…
Pandemic to worsen copper glut during next 18 months
A global copper surplus currently in the making is expected to get worse in the next 18 months as market disruptions have created greater uncertainty…
COVID-19 disrupts US$6.9B of global mining output, S&P Global says
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get…
Exploding Costs: An analysis of Galore Creek
The mining industry is fraught with capital cost overruns — a quick internet search will turn up many examples. The results quickly highlight that as…