Editor’s take: “The party’s over for soaring commodity prices, and the descent of most commodities prices is imminent,” says Peter Major, director at Mergence Corporate Solutions. This news comes just as we are beginning to get comfortable with surging commodity prices and, if his prediction proves to be correct, it is sad news for all of us, miners, suppliers to the industry, and government coffers.
Editor’s take: Investing in African Mining Indaba 2022 is ready for you; are you ready for the world’s largest in-person mining event? According to event director, Fred Noce, the highly anticipated conference is already tracking large numbers of visitors–with more than 6 000 attendees expected – so be prepared for an energy and vibe that only the Mining Indaba in the mother city can deliver.
Modern Mining February 2022
Editor’s take: The Russia-Ukraine war sees yet another power struggle playing out, the energy power struggle which, if the pundits are to be believed, will see South Africans parting with as much as R40 per litre for fuel in the not-too-distant future. But the good news is that energy metal producers are raking in the big bucks.
Editor’s take: The commodities boom is making many mining houses ecstatic as they reap some handsome financial rewards and return record dividends to investors. In this issue we also share some good news from companies reaping the rewards of being in the mining sector.
On the cover: On the back of strong commodities demand equipment producer Babcock Equipment is in the driving seat, with an order-book surpassing expectation.
Editor’s take: In this issue, we cast the spotlight on some top mining projects. Traditionally, we have always selected our Top Mining Projects based on size, high quality nature of the assets and innovation of teams on the ground. However, this year we have gone a step further by focusing on other important metrics such as environmental, social and governance (ESG), as well as local procurement and safety.
Editor’s take: While the COVID-19 pandemic has had a range of impacts on mining companies, the one thing the past year has taught industry is the value of building resilience to navigate uncertain futures. In what PwC terms a year of doom and gloom on so many fronts in its SA Mine 2021 report, the mining sector however delivered a sterling performance with value delivered to all stakeholders.
As supply and demand jostled to find their way back to pre-pandemic levels, demand and prices were the outright winners. With record rand prices for gold, the platinum group metals basket, iron ore and more recently, coal, it was no surprise that the industry’s financial performance exceeded expectations on most fronts.
Editor
Nellie Moodley
Email: [email protected]
Phone: +27 11 622-4770
Fax: +27 11 615-6108
Advertising Manager
Bennie Venter
Email: [email protected]
Phone: +27 11 622-4770
Fax: +27 11 615-6108
