Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.
Only 0.6% of private capital raised in 2015 for natural resource investment is for mining projects–one wind farm fund attracted more than the entire sector.
Eleven of the 28 deaths last year occurred at coal mines, a sector that has seen employment decrease significantly in recent years, especially in Appalachia.
David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices.
The last time the weather event was present, it wrought havoc on the mining industry in Australia, with thermal and coking coal mines in Queensland hit by flooding from cyclones and heavy rain.