GlobalData, Author at Mining Technology

Australia’s gold production continues decline in 2024 as costs rise and grades fall

GlobalData — Mon, 20 May 2024 13:09:28 +0000

Australia’s gold mine production is predicted to fall for the fourth consecutive year in 2024 to 10.3 million ounces.

The post Australia’s gold production continues decline in 2024 as costs rise and grades fall appeared first on Mining Technology.

Miners prioritise critical minerals, decarbonisation in 10.6% capex rise in 2024

GlobalData — Tue, 14 May 2024 14:57:14 +0000

The combined capital expenditure (capex) of the top 19 mining companies is expected to reach $71.0bn in 2024, a rise of 10.6% compared with 2023.

The post Miners prioritise critical minerals, decarbonisation in 10.6% capex rise in 2024 appeared first on Mining Technology.

BHP / Anglo American merger could result in $200bn mining major

GlobalData — Fri, 03 May 2024 16:30:17 +0000

BHP intends to acquire Anglo American, recognising the significant growth potential for copper in the future.

The post BHP / Anglo American merger could result in $200bn mining major appeared first on Mining Technology.

Mining sector to play pivotal role in Saudi Arabia’s economic diversification efforts

GlobalData — Thu, 02 May 2024 13:04:15 +0000

Saudi Arabia’s non-oil sector accounted for over 50% of GDP for the first time in 2023, with its share rising from 47.4% in 2015 to 51.7% that year.

The post Mining sector to play pivotal role in Saudi Arabia’s economic diversification efforts appeared first on Mining Technology.

Global zinc production to grow by 2% in 2024 due to strong supply from Russia

GlobalData — Tue, 26 Mar 2024 15:57:51 +0000

Global zinc production will grow by 2% in 2024 due to strong supply from Russia further bolstered by increasing output from Mexico and India.

The post Global zinc production to grow by 2% in 2024 due to strong supply from Russia appeared first on Mining Technology.

Global silver production to grow by 4.1% in 2024, amid operation resumption

GlobalData — Thu, 14 Mar 2024 15:05:49 +0000

Global silver mine production is expected to rebound in 2024, with a 4.1% growth rate to 916.1 million ounces.

The post Global silver production to grow by 4.1% in 2024, amid operation resumption appeared first on Mining Technology.

Output from DRC & Indonesia to support global cobalt supply to grow by 6.5% in 2024

GlobalData — Fri, 23 Feb 2024 14:03:03 +0000

Global cobalt production is expected to rise for the fourth time in a row, to 231.5 kilotonnes (kt) in 2024, an increase of 6.5% over 2022.

The post Output from DRC & Indonesia to support global cobalt supply to grow by 6.5% in 2024 appeared first on Mining Technology.

Global lead output to grow by 4.3% in 2024, linked to supply from Australia, US & Russia

GlobalData — Thu, 22 Feb 2024 14:48:39 +0000

Global lead production is expected to grow by 4.3% to more than 4.7 million tonnes in 2024.

The post Global lead output to grow by 4.3% in 2024, linked to supply from Australia, US & Russia appeared first on Mining Technology.

Which commodities will see the greatest price increases in 2024?

GlobalData — Mon, 29 Jan 2024 14:47:24 +0000

Last year was not a good one for commodities, with only gold and silver, among the major commodities, experiencing any sort of price rise, up by 8.1% and 7.7% respectively.

The post Which commodities will see the greatest price increases in 2024? appeared first on Mining Technology.

How mining companies are reducing GHG emissions

GlobalData — Thu, 21 Dec 2023 16:04:18 +0000

Reducing greenhouse gas (GHG) emissions, especially scope 1 and 2, is a primary concern for mining companies committed to net-zero targets.

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