Australia’s mining slowdown will set off ‘wave of consolidation’
New report predicts Australian mining sector growth to fall sharply through 2017 and pressure of weakening mineral prices will spark industry consolidation.
New report predicts Australian mining sector growth to fall sharply through 2017 and pressure of weakening mineral prices will spark industry consolidation.
Both mines will remain closed until security probes are complete.
Cuba's nickel industry, key to the country's exports, is supported by Canadian miner Sherritt International.
Exploration investment drops 46% compared to 2011.
It will require some political lobbying.
Stormy weather in the mining space has a silver lining: It is encouraging miners to develop new, innovative approaches to their business.
Its long tentacles can reach out in any direction, grasping its prey in an inescapable vice-like grip.
Wood Mackenzie also predicts the global base metals market will grow from 96Mt in 2013 to 122 Mt by the end of 2018.
Which metals and rare earth companies are set to strike in this volatile market?
Less state involvement, possible lifting of ban on ore exports and smoother licensing process envisaged for South Asian nation.