featured Corporate /en/research-insights/featured/moment-for-mining content esgSubNav
Log in to other products

 /


Looking for more?

Risk

U.S. Copper Mines Get Riskier as Biden Stalls Resolution Land Swap

The Biden presidency in the U.S. was expected to bring about enthusiasm for the green revolution and the metals to fuel it. But faced with a decision to permit one of the most valuable mining projects in the country, the new administration sided with environmentalists and Indigenous rights activists.

The U.S. Agriculture Department's decision to withdraw approval for the proposed Resolution copper mine in Arizona was the Biden administration's first politically contentious action on mining. With other U.S. mines in development also expected to test the Biden administration, mining companies should anticipate new hurdles for their projects if the Resolution decision is any indicator of the administration's direction.

Adding Value to Iron Ore, at a Cost: Australia’s Magnetite Curse Strikes Again

Around nine years ago, your correspondent was part of a media tour that over consecutive days visited iron ore operations in Western Australia belonging to Atlas Iron and Karara Mining. The contrasts between the two mining operations were striking.

Read the Full Article

Anglo American Suspends Operations at Moranbah North Coal Mine on Safety Concerns

Operations at Anglo American's Moranbah North coking coal mine in Queensland, Australia, is suspended on safety concerns following detection of a gas leakage.

Read the Full Article

'Permanent State of Fear': 2 Years After Disaster, Mine Tailings Dams a Big Risk

On Jan. 25, 2019, a large dam full of mining waste from the Corrego do Feijao iron ore mine owned by Vale SA ruptured and sent a mudslide downstream toward Brumadinho, Brazil, killing at least 270. people.

Read the Full Article

ESG

Satellites Flag Deforestation from Illegal Gold Mines in Amazon Rainforest

Nearly real-time satellite imagery analysis has been spotting and stymying illegal gold mining activity in the Amazon rainforeest.

The mining sector is a substantial contributor to forest ecosystem destruction, and a recent report suggests the world is behind on international goals to end global deforestation by 2030. The Amazon Conservation Association's Monitoring of the Andean Amazon Project, or MAAP, uses satellite imagery to flag potential deforestation sites and alert authorities to illegal activities across the Amazon rainforest in Peru, Bolivia, Ecuador, Brazil and Colombia.

Capstone's Ex-DRC Cobalt is 'Strategic' Source of Supply, Analyst Says

Capstone Mining Corp. is pushing ahead with a feasibility study of potential cobalt sulfate production at its Santo Domingo copper-iron-gold project in Chile.

Read the Full Article

Satellites Flag Deforestation from Illegal Gold Mines in Amazon Rainforest

Nearly real-time satellite imagery analysis has been spotting and stymying illegal gold mining activity in the Amazon rainforest.

Read the Full Article

Biden Administration

Like Fracking Under Obama, Mining Poised to Grow During Biden Years

Much like the last time Democrats took control of the White House, President Joe Biden may find himself needing to support increased access to a controversial resource to achieve key policy goals.

For former President Barack Obama, that resource was natural gas — a pivotal part of shifting the U.S. power sector away from coal-fired generation and to curb the sector's greenhouse gas emissions. For Biden, mined battery metals will likely be needed to accomplish signature climate policies, such as mass deployment of electric vehicles.

Federal mineral mining financing has already been freed up by the outgoing Trump administration, the prospects of green stimulus appear poised to ratchet up demand for mined materials, and environmental permitting for mining looks unlikely to change.

With that setup, the Biden administration could take a leaf out of Obama's book, presiding over the blossoming of a policy-critical sector in part by simply not restricting it.

Biden already signaled Jan. 25 that mining will be key to his "Build Back Better" initiative when an executive order mandating government agencies to "buy American" included a call to maximize purchases of materials mined in the U.S.

Quota-Busting Canadians Present Biden with Aluminum Dilemma

Canadian aluminum producers breached their quota for exports to the U.S. in December 2020, S&P Global Platts reports, raising questions as to whether U.S. President Joe Biden will stick to the trade rules put in place by the Trump administration. There are signs that President Biden is happy to reverse earlier rulings, shown by the reversal of a tariff exemption from section 232 duties tied to a quota for imports from the United Arab Emirates.

Read the Full Article

New Congress Could Seek Compromise between Mining, Renewable Energy Interests

To ensure that the critical minerals needed to further develop renewable energy technologies are available, lawmakers should be willing to accommodate both renewable and mining interests, according to the leading Republican on the U.S. House Natural Resources Committee.

Read the Full Article

U.S. Miners May Get New COVID-19 Protections in Early Days of Biden Administration

After calling on federal officials at the U.S. Mine Safety and Health Administration to issue an emergency temporary standard for workers in the early days of the pandemic, the United Mine Workers of American International Union, or UMWA, later joined with United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union to sue the agency.

Read the Full Article

COVID-19

World Exploration Trends 2021 Report

Despite the challenges posed by COVID-19 in the first half of 2020, the mining sector managed to navigate through by capitalizing on the rebound of commodity prices and easing of restrictions.

According to S&P Global Market Intelligence's 31st annual Corporate Exploration Strategies study, the global exploration budget for nonferrous metals decreased only 11% to an estimated US$8.7 billion in 2020 from US$9.8 billion in 2019. In 2021, most commodity prices began much higher than they started 2020. This coupled with a persistent lack of pipeline investment—which is leading many base metals toward market deficits over the next several years—should stimulate additional exploration.

Chilean Mining Sector Expected to be Undeterred by 2nd Wave of COVID-19

The copper mining hub of Chile is grappling with a large second wave of coronavirus infections amid a national lockdown, yet the mining sector could be poised to push through the crisis largely unimpeded.

Read the Full Article

South African Mine Closures Still a Last Resort in COVID-19 Battle

A shutdown of the mining industry in South Africa would be a last resort in the country's battle against COVID-19, analysts and industry players said, given the sector's economic importance.

Read the Full Article

Gemfields to Restart Zambian Emerald Mine Nearly a Year After COVID-19 Shutdown

Gemfields Group Ltd. will restart principal operations at its 75%-owned Kagem emerald mine in Zambia, which has been suspended since late March 2020 due to the coronavirus pandemic, Mining Weekly reported Feb. 25.

Read the Full Article

Coal

Arch Resources Winding Down Massive U.S. Coal Mine as Customer Base Dwindles

The owner of the second-largest coal mine in the U.S. by production volume is planning for the asset's closure as retirement dates approach for several plants that burn much of the mine's fuel.

Coal demand in the U.S. has been declining for years, and Arch Resources Inc. announced Feb. 9 that it would be winding down its thermal coal operations, including those at Black Thunder, a Wyoming mine that produced 12.7 million tons of coal in the fourth quarter of 2020. Black Thunder production represented about 9.7% of the coal mined in the country in that period, according to an S&P Global Market Intelligence analysis.

U.S. Thermal Coal Exports May Tighten Despite Recent Price Rises: Platts Analytics

Downside potential for US thermal coal exports remains for 2021 despite recent rises in prices, S&P Global Platts Analytics warned April 5.

The increase in US thermal coal prices, particularly those in the Central Appalachian basin, "is tied to the recovery of CIF Amsterdam-Rotterdam-Antwerp and other Atlantic coal basin prices," which have been pushed up by robust demand in Asia and widespread supply constraints, Platts Analytics said in its US Coal Market Forecast.

Read the Full Article

Indonesian Electricity Company PLN Tells Miners to Boost Domestic Thermal Coal Supply

Perusahaan Listrik Negara, Indonesia's state-owned electricity company, has told at least six miners to supply at least 1 million mt more thermal coal to the domestic coal market from January to February in accordance with the Domestic Market Obligation, market sources said.

Read the Full Article


Lithium

Expect Lithium Supply Crunch by 2025 as EV Market Booms: Piedmont CEO

Lithium supply will struggle to keep up with booming electric vehicle demand in the US and abroad over the next few years, and steps will need to be taken to incentivize additional production and exploration of the battery metal, according to Piedmont Lithium CEO Keith Phillips.

"When people talk about 20% EV penetration by 2025, there might be a zero chance that could happen because there is no way the raw material supply will be ready," Phillips said in an interview with S&P Global Platts.

British Lithium Raises Output Target to 21,000 mt/year Lithium Carbonate

Lithium mine developer British Lithium Ltd. said Feb. 2 that results from its drilling and testing programs were better than expected and should allow it to produce 21,000 mt/year of high-purity lithium carbonate after its full-scale production start in three to five years.

Read the Full Article

Gold

Gold Producers Need to Consolidate to Remain 'Relevant,' Sibanye CEO Says

After floating the idea of a megamerger between three South African gold producers in early March, Sibanye Stillwater Ltd. CEO Neal Froneman told S&P Global Market Intelligence that such a combination is just one approach to growth the company is considering as it seeks to throw more weight around the market.

GV Gold Aims to be Among Top Five Russian Gold Producers with Organic Growth

Gold mining company GV Gold believes its organic growth possibilities will help it to catapult into Russia's top five gold producers in the next four-five years, Vladislav Barshinov, the company's CEO, told S&P Global Platts in an interview.

Read the Full Article

Iron

Strict Implementation of Environmental Controls in Tangshan Paralyzes Iron Ore Procurement

Spot iron ore procurement in Tangshan, China's top steel producing province, were slowed significantly by strict implementation of environmental controls on truck deliveries and sintering operations on March 9, following a renewed emergency response to heavy pollution weather on March 7.

Key Takeaways

  • Under the emergency response, "mining, coal preparation, ports, logistics and other operations that involve the transportation of bulk raw materials and products are prohibited from using heavy trucks at or below the fourth national level [of emissions]."

  • Platts 62% Fe iron ore port stock index, IOPEX North China, dropped Yuan 62/wmt on the day to Yuan 1133/wmt FOT March 9.

  • Apart from trucking restrictions, market sentiment on sinter feed demand was also hampered by production curbs of more than 30%-50% for sintering plants in Tangshan.

  • Based on the government notices, 22 mills in Tangshan were asked to reduce emissions on Feb. 8. The number of mills increased to 23 on Feb. 23 and to 25 in the latest notice on March 7.

Cobalt

State Company to Buy All DRC Artisanally Mined Cobalt, Partners with Trafigura

The Democratic Republic of Congo's state-owned cobalt company Entreprise Generale do Cobalt will become the sole buyer of the country's artisanally mined cobalt from April, in a move to put an end to the "quasi-mafia-like exploitation of cobalt" in the country, a company official said March 31.

EGC, which was already working with international trader Trafigura to formalize and improve working conditions in the artisanal mine sector, has now partnered with Trafigura to identify the best buyers for the cobalt produced in this way, Albert Yuma, chairman of EGC's parent Gecamines, said on a webinar to announce the formal start of the new purchase arrangements.

Capstone's Ex-DRC Cobalt is 'Strategic' Source of Supply, Analyst Says

Capstone Mining Corp. is pushing ahead with a feasibility study of potential cobalt sulfate production at its Santo Domingo copper-iron-gold project in Chile, which analysts have cast as a rare example of supply from outside the Democratic Republic of Congo.

Read the Full Article