Our key mining commodities include: Gold, Copper, Diamond, Iron Ore, Metallurgical Coal, Nickel, Platinum, Thermal Coal and Uranium.
Like many in the industry, I am bullish on the long-term prospects of coal in general. Shorter-term, we are seeing improvements in pricing – albeit not at the levels we’d experienced just a few years ago.
There is a saying that good things come to those that wait.
The long-term fundamentals of the uranium industry remain
strong on the demand side but the medium-term outlook
remains in neutral, waiting for a kick start.
This year has seen miners intensify their efforts to ramp up production while adopting aggressive cost minimization and efficiency initiatives. This has been and remains critical as they seek to manage the impacts of falling copper prices.
With declining thermal coal prices, shifting supply and demand dynamics in the US and Chinese policy sentiment towards the future is negative.
The past 6 months have been extremely difficult for the platinum industry. In our last bulletin, we anticipated that the next 6 months would be bumpy
The confirmation of the ban of Indonesian ore exports in early January 2014 has helped drive nickel prices higher.
Commodity Mining Leaders
The spectre of synthetic diamonds also continues to rear its head as a potential threat to the industry.
As a copper producer are you currently addressing cost control, capital constraints and community concerns , you have all 3 Cs; in your focus.
The market for metallurgical coal remains difficult in the short term, with long-term optimism on the industry’s outlook.
For me, it’s not a question of if the spot and term prices will increase from their current lows but when.
This online tool allows comparison of commodities price data from 2008 to present to see correlation of trends within the market.
Series of bulletins focusing on key mining commodities. Each bulletin is aimed to provide insight into trends & changes within commodity sectors.
The metallurgical coal market continues to be one that has good long-term prospects, as frontier and more established countries have needs for steel.
The international diamond sector witness the successful conclusion to the migration of the DBGSS on 11 – 14 November 2013 in Gaborone.