Countless industries globally depend on the supply of mined mineral resources, making the mining sector crucial to the world’s economy.
The reliance of high-tech industries on critical metals, such as platinum-group metals, lithium, cobalt and rare earths, which are used in a range of industrial applications, such as electronics, clean energy, aerospace, automotive and defence, is a relatively recent phenomenon.
Gold, mined for thousands of years, is still considered a store of value, while iron-ore, coal, potash and copper remain some of the most exploited commodities in terms of volume.
However, the minerals sector is no exception to the effects of Covid-19, albeit in varying degrees. Open access publisher MDPI contends that the pandemic has had the biggest effect on projects implementing feasibility studies and on projects for the development of new mines. This also holds true for the extraction of residual resources in mines before closure.
Creamer Media’s ‘Global Mining Projects in Progress 2022’ report covers more than 80 mining projects across Africa, Australia, East Asia, South-East Asia, Europe and the Americas, all offering very compelling mining propositions, with several excellent prospects in the pipeline.
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