2020 Mining and Metals Forecast – Industry Trends. Today, mining companies have to address an increasing list of demands from a wide range of stakeholders to be not only profitable and productive but also responsible and sustainable. It’s also not news to say that throughout different circumstances over the years, the mining industry has lost a bit of investor trust and confidence. After years of decline, we have seen a steady increase in prices … It’s no secret that mining companies focus more on complying with regulations than embedding the values of the social investor in the organization. However, mining companies must carefully manage the effects of these advancements on operations, and specifically, the effects on their current and future workforce and the employment opportunities for the communities they operate in. The global manganese mining market size is expected to grow by 5385.13 K tons during … Mining and Metals Trends: Global Energy Transition; 23 January 2020 Mining and Metals Trends: Global Energy Transition . Below are five of the 2020 mining trends outlined by Deloitte. According to Andrew Swart, Deloitte Global mining and metals leader, mining companies that lay a foundation by establishing strategic goals will be the ones capable of navigating complex issues that may occur in the industry in 2020. The mining industry is facing new challenges. Mining & Metals Forecast 2020 - Industry Trends. We will talk about what to expect from cryptocurrencies and what you shouldn’t miss in 2020. She focuses on M&A, corporate finance and joint ventures and has significant Asia Pacific experience, including secondments to China and Singapore and advising on a number of high-profile Asia outbound M&A matters. Share. The mining industry in recent years has transformed in many ways, mainly in an attempt to bypass volatility and disruption. Full report . Most people know that commodity prices fluctuate with economic trends. Backed by responses from over 135 executives in 16 countries (including Canada, Australia, Brazil, and the United States), this year’s survey highlighted the top risks and opportunities facing mining companies in 2020. Market Insights. Our work involved regular engagement with local authorities and institutions to mitigate and help address a number of socio-economic issues. But in 2020, Deloitte suggests that mining companies can regain this trust by focusing on the social investor. The Global Base Metal Mining market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. In particular, our team assisted with filing and follow-up with the authorities of a number of environmental permits, providing the legal grounds for their approval and authorization. Rely on our Market Intelligence platform to get the latest trends on the Mining Industry and anticipate the future of the sector. Space Mining Market Trend Analysis 2020: Industry Share, Size, Opportunity and Growing Strategy 2020 to 2026. Base Metal Mining Market 2020: Global Market Report – Industry Outlook, Research, Trends and 2027| Top Players- BHP, Rio Tinto, Antofagasta plc, Zijin Mining Group Co., Ltd, Vale, Glencore, Bosai Minerals Group Co. sopan December 10, 2020. Press Release Mining Equipment Market Outlook Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 Published: Oct. 23, 2020 at 1:07 a.m. Trend 3: Seize opportunity amid uncertainty. Still, trying to reduce emissions is a major 2020 mining trend, according to Deloitte. View Trends, Analysis and Statistics. Looking forward, the market is expected to continue its moderate growth during the next five years., according to a new report by … The company bases itself in London, United Kingdom; it is one of the “Big Four” accounting companies. Focus on the social investor and their values, and companies will be surprised by the support they can fall back on when issues in the sector arrive. Johan Botes is a partner and heads Baker McKenzie’s Employment Law Practice Group in Johannesburg. Get the Deloitte Insights app . The mining industry is facing new challenges. Join the conversation: #TTT2020. Health and safety of workers and the communities affected by a project must remain a key concern. Mining Industry 2020. and the article Questions directors need to ask in the age of stakeholder capitalism written by Milton Cheng, Beatriz Pessoa de Arujo and Julia Hayhoe as part of the 2020 World Economic Forum Annual Meeting in Davos. In the past, mining companies simply had to plan their production on the basis of “highest volumes at the lowest production cost” to keep stakeholders happy. Clever implementation of these advancements can transform mining, making it safer and more efficient and sustainable. Trend 4: Dynamically managing risk. Specifically, there are five plays a mining company can make: future-proof tomorrow, proceed with innovations, redesign projects instead of abandoning them, obtain resources, and examine existing business relations. The energy transition from fossil-based fuels to lower carbon alternatives is underway. Adoption of automated vehicles and technology will continue to gain traction in the mining industry, as operational efficiency and safety gain centre stage. Chapter 7. Data holds the key to increase productivity and minimizing costs. In the past, mining companies simply had to plan their production on the basis of “highest volumes at the lowest production cost” to keep stakeholders happy. Questions directors need to ask in the age of stakeholder capitalism, Malaysia: Public Consultation Paper on the Review of the Personal Data Protection Act 2010, Philippine Competition Commission Increases Mandatory Notification Thresholds, Luxembourg: Mandatory disclosure rules (DAC6), US: USTR issues technical amendment to a product exclusion on Tranche 3 ($200 Bn. The mining industry heavily relies on conveyor belts to transport materials taken for processing. The 2Miners pool team may not own a crystal ball, but we can identify major trends and features of the mining industry in the next year. Trend 6: On the road toward intelligent mining. Kathy is a member of Baker McKenzie's Global Energy, Mining and Infrastructure Industry Group. When i… Much of the rebound will leverage the strong jurisdictions such …, Market experts believe a second rally in gold prices is on the horizon, making now an ideal time to get into the market. Environmental, Social and governance (ESG) matters are key considerations in this age of stakeholder capitalism.1. But as Deloitte suggests, mining companies should prepare for the worst ahead of time by doing things such as modernizing technological systems and focusing on the values of investors. Baker McKenzie presented a number of alternatives to the State Environmental Agency that dealt favorably with this issue and allowed for it to resume the licensing process of the expansion of mining dams. January 17, 2020 – While gold does not tarnish or decay, the industry that mines, refines, and fashions the yellow metal is far less stable. The Global Base Metal Mining market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. This year’s Top 40 . Disruption in the industry, of course, is still occurring: copper prices have shifted since the Coronavirus outbreak, which has now spread across the globe. ), APAC: Regional comprehensive economic partnership signed simultaneously in 15 nations. Our recent article Introduction to ESG considerations for the mining sector: reporting obligations an investor expectations, provides further insight and practical recommendations for those wanting to address these increasingly pressing issues. At the time, state law was still pending regulation and the State in which the dam was situated was unwilling to grant environmental licenses without a definitive solution to the issue of human presence in the ZAS. June 02, 2020 06:18 AM Eastern Daylight Time DUBLIN--( BUSINESS WIRE )--The "Copper Ore Mining (GLOBAL) - Industry Report" report has been added to ResearchAndMarkets.com's offering. Are there any other mining trends you think will become big in 2020? These included the necessary permits for water usage and treatment of septic and industrial water waste to ensure the protection of the environment and the nearby communities, as well as the sanitary permits for the management of hazardous waste. The global conveyor belt market in the mining industry (henceforth, referred to as the market studied) was valued at USD 1,624.2 million in 2019, and it is expected to reach USD 2010.5 million by 2025 registering a CAGR of 3.78% during 2020-2025. The National Mining Agency (ANM) Resolution No. Deloitte suggests that one of the more essential 2020 mining trends includes companies embracing, 2020 Mining Trends #5: Reduce Greenhouse Gas Emissions, I want e-mail alerts, updates, and offers and agree to the MicroSmallCap, Subscribe & Get The LATEST Stock Pick Alerts, Waitr Stock Sinks on Fresh Layoffs and Shift to Contractual Employment, better strategic risk management practices, Gold Stocks Remain the Safest Bet With Widespread Vaccine Still Months Away, Mexico’s Mining Concessions Halt Creates Valuable Opportunity for Gold Miners With a Stake in the Land, Mexico’s Mining Rebound to Be Driven by Metal Prices and the Sierra Madre Occidental Gold Belt, Investor Interest in the Red Lake Mining District Continues to Rise Following Eric Sprott’s C$15 Million Investment in Pure Gold, Insider Buying Signals Gold Industry Momentum, Ontario Becomes a Mega Hub For Mining Activity, Blackrock Gold Announces Significant Drill Results at Tonopah West, Mining Companies Have a Golden Opportunity to Revitalize Past-Producers, Warren Buffett’s Barrick Gold Investment Signals Major Gold and Silver Investing Rush, The Public Health Crisis Has Supercharged the Telehealth Industry, Health Crisis-Induced Post-Traumatic Stress Disorder Creates Growing Need for Treatment Options, Behind the Success of the Growing European Online Gambling Market, 2020 Has Set the Online Gambling Industry Up for Exponential Growth in 2021. Following the 2015 and 2019 environmental disasters (Mariana and Brumadinho), Brazilian law established precautionary measures to ensure safety of communities located downstream of mining dams and the mining dams’ stability. 2020 Mining Trends #1: Update Core Technologies. The record highlights Deloitte’s top 2020 mining trends. It seems the mining industry has barely recovered its stability before once again facing slowing economic growth. While that’s not a bad thing, we also live in a world that demands more transparency around social and environmental principles. He also advises companies on organizational restructuring. Resilient and resourceful: PwC’s 17th annual review of global trends in the mining industry Download the report. Posted on December 4, 2020 December 4, 2020 Author admin Comment(0) The global underground mining equipment market was worth US$ 23.4 Billion in 2019. Baker McKenzie advised Mantos Copper SA, a mining company focused on the extraction and sale of copper in Chile, on mining and environmental regulatory and compliance matters in connection with their mining operations at the Mantoverde and Mantos Blancos sites, including those related to the recent USD 250 million financing for the expansion of the Mantos Blancos copper mine. Mining and Metals Forecast 2020: Industry Trends Global Energy Transition Driving Change and Demand The energy transition from fossil-based fuels to lower-carbon alternatives is underway.… Redox flow batteries for renewable energy storage According to Deloitte, mining companies can do a few things to, 2020 Mining Trends #4: Improved Risk Management Practices, Companies, because of systematic issues like the “tick the box” mentality, are rethinking the ways that they can predict risks. We advised a large Latin American company operating in the Mining & Metals sector regarding the environmental licensing process of the expansion of its mining dams in the region. Global “Mining Automation Market” report 2020 gives a complete evaluation of the market related to the Market size, segments, trends, opportunities, gross margins, challenges and risk factors. And yet, even the most significant investment ages. Trend 2: Getting partnerships and joint ventures right. Deep See Mining Market Professional Survey 2020 by Manufacturers, Share, Growth, Trends, Types and Applications, Forecast to 2025. The Top 40 mining companies are so far weathering the COVID-19 storm mostly unscathed, and certainly better than many other sectors. Some areas for consideration: Funding transformation; Rethinking portfolio; Joint ventures (Chapter breaker) 7. This article is a combination of statements. Derek is a partner in Baker McKenzie's Corporate Markets practice group in Brisbane. Mining companies need to build long lasting benefits for the communities they operate in. Dec 09, 2020 (Market Insight Reports) -- Selbyville, Delaware. The use of technology in industrial mining has been developing since its inception: dynamite helped clear tunnels and reach greater depths at a much … Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business. The latest report on the connected mining market, 2020-2024 estimates it to register an incremental growth of by USD 17.02 billion, at a CAGR of almost 21% during the forecast period. All Rights reserved. An overview of the market and the … Companies, because of systematic issues like the “tick the box” mentality, are rethinking the ways that they can predict risks. 1 To find out more about the age of stakeholder capitalism see our recent article and related FT Big Deal video Is ESG prompting the end of shareholder primacy? Mr. Bissett is admitted to practice in England and Wales and Scotland, and is a member of the Law Society of England and Wales as well as the Scottish Law Society. It is not enough to merely provide job opportunities, pay taxes and comply with law and regulations, but through deep engagement with their workers, local communities, governments and regulators, they need to make investment decisions that meet the needs of the communities they operate in. 2020 Mining and Metals Forecast – Industry Trends, Taking Center Stage: The Rise and Rise of M&A Compliance Due Diligence, Introduction to ESG considerations for the mining sector: reporting obligations an investor expectations. Lewis sits on the Firm’s North America W&I Working Group, advising the wider North American M&A team on warranty & indemnity/representation & warranty insurance developments and best practices. Canada has long been a dominant mining jurisdiction and Canadian stock exchanges are the global leader in mining financings 1. Antonio is also the joint coordinator of the Latin America Energy, Mining, Chemicals and Infrastructure Group. But in 2020, Deloitte suggests that mining companies can regain this trust by focusing on the, 2020 Mining Trends #3: Prepare for the Next Downturn, Most people know that commodity prices fluctuate with economic trends. Baker McKenzie has extensive experience enabling mining companies and those operating in the mining industry to continue to develop their business successfully whilst positively contributing to the communities and environment they operate in. Mining companies must adapt to the new normal of constant rapid technological change, innovation and digital transformation. Earning and maintaining a social licence to operate is fundamental to the success of mining companies. The mining industry will be around for a long time, it’s just a matter of which companies will lead the frontline, and what future challenges will be. Global Energy Transition Driving Change and Demand. Download the full Tracking the Trends 2020 report or create a custom PDF. Outside of the gold space, the mining sector has seen few transformative deals in recent years, as the industry focuses on getting leaner as investors seem to have little appetite to return to the blowout M&A of the past. …, Huge news out of Western Nevada’s Walker Lane trend today. Go straight to smart. Market Study Report Date: 2020-08-18 Technology Product ID: 2563638 The global Deep See Mining market report has been compiled after extensive market research into various parameters concerning the Deep See Mining industry. Antonio Ortuzar Jr. is the Managing Partner and head of the Mining Practice Group of the Firm’s Santiago office. The mining industry has come to a point where it’s not efficient for companies to just rely on risk registers to name potential danger areas. News that the famously gold-adverse Warren Buffett’s Berkshire Hathaway …, Copyright © 2020 | #170 - 422 Richards Street Vancouver, BC, Canada V6B 2Z4 | 1.800.340.9767, Copyright © 2020 | Terms of Use | Privacy Policy | DMCA | Disclaimer | Authors, #170 - 422 Richards Street Vancouver, BC, Canada V6B 2Z4 | 1.800.340.9767, 2020 Mining Trends: How to Succeed in the Future, 2020 Mining Trends #1: Update Core Technologies, To stay at the front line, Deloitte suggests that companies should, 2020 Mining Trends #2: Think About Social Value Rather Than Just Regulation Compliance, It’s also not news to say that throughout different circumstances over the years, the mining industry has lost a bit of investor trust and confidence. The mining industry is no stranger to investments: many have led to companies acquiring new technology systems. They invest in automation, address climate change through decarbonization and uncover new opportunities through joint ventures. He currently serves as a foreign legal consultant in the Finance and Projects Group of HHP, working specifically in the Energy and Resources practice. Here Are the 3 Best Gold Stocks to Consider in Early 2020, Pfizer and BioNTech’s potential vaccine announcement may have knocked gold off of its high horse temporarily, but analysts say the lasting effects of the global health crisis and the timeline for a widely available vaccine …, After years of being the world’s top silver producer and the second-largest gold producer in Latin America, production rates in Mexico have been dwindling due to crackdowns from the Mexican Government. Richard Blunt is a partner in Baker McKenzie London's Corporate Department, where he leads the Energy, Mining and Infrastructure Group. Trend 1: The social investor. 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