All articles by GlobalData Energy

After declining ore grades and Covid-19 impacted silver output in 2020, production is forecast to rise by 8.1% in 2021, says GlobalData

Global silver mine production is estimated to have declined by 2.4% to 849.7 million ounces (moz) in 2020, the fourth consecutive annual decrease, partly owing to lockdowns and restrictions at top silver-producing countries, particularly Peru, Mexico and China. In addition, depleting ore reserves have been a major concern for the industry in the recent years.

Global copper production to recover by 5.6% in 2021, after Covid-19 hit output in 2020, says GlobalData

After two consecutive years of flat growth, mainly due to lower ore grades and the production disruptions, the impact of COVID-19 on mining operations led to global copper production declining by 2.6% to 20.1Mt in 2020.

Mining capital expenditure to bounce back in 2021

After falling by an estimated 6% in 2020, the capital expenditure of 20 leading miners is expected to rise by 23% in 2021 to reach US$58bn. This will be the highest point since 2015 and will be supported by both higher sustaining capex and greater development project expenditure after deferrals from 2020 due to COVID-19.

Global gold production to recover by 5.5% in 2021 after Covid-19 hit output in 2020, says GlobalData

Predictive maintenance expected to be a key focus for investment in the next two years

Chinese demand for iron turbocharged Fortescue Metals’ profits amidst the Covid-19 pandemic

Fortescue Metals Group (FMG), based in Australia, saw a strong momentum in 2020, while many businesses around the world suffered greatly and others permanently shut their doors, as a result of the COVID-19 pandemic and related restrictions implemented by the governments.

How will mining in the US be affected by the outcome of the US election?

Q2 output from ten leading copper miners declined collectively by 3.7% y-o-y

Brumadinho disaster overshadows mining safety improvements in 2019

Covid-19 to reduce global lead production by 5.2% in 2020

Global lead production is expected to decline by 5.2% to 4.5 million tonnes (Mt) in 2020. The outbreak of the COVID-19 pandemic in late December 2019 significantly impacted the mining industry in the first half of 2020, and continues to do so.