Global lead mine production is forecast to reach about fivemillion tonnes by 2020 from 4.57million tonnes as demand increases, representing a compound annual growth rate of 2.1%, says global research and consulting firm GlobalData, noting the automobile indus try as a major demand driver.
Global lead mine production is forecast to reach about fivemillion tonnes by 2020 from 4.57million tonnes as demand increases, representing a compound annual growth rate of 2.1%, says global research and consulting firm GlobalData, noting the automobile indus try as a major demand driver.
GlobalData’s report, ‘Global Lead Mining to 2020’, published in January, states that this growth can be attributed to various upcoming lead projects, including base met als mining, explora tion and development company MMG’s Dugald River project, in northwest Queensland, Australia.
The optimised mine plan will support an operation of 1.7million tons a year with yearly production of about 170 000 t.
The mine will operate over an estimated 25 years while the orebody remains open at depth. The project is now 45% complete and remains on target for first concentrate production in the first half of 2018.
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Supply Cliff?
Commodities supply shortfall looming following years of underinvestment
Strikes Threaten Coal Sector
If an agreement cannot be reached on the future structure and form of wage nego­tiations in the coal sector, unions have threatened to strike, says Solidarity mining industry deputy general secretary Connie Prinsloo.
Continued Focus On Downstream Development
Continued Focus On Downstream Development
Unrelenting Scourge
Mining fatalities in South Africa rise for first time in decade
Plea For Open Discussion
Diamonds body calls for ‘productive dialogue’ on Kimberley Process reform
Deep Potential
Stillwater deal seen positioning Sibanye as globally competitive mining champion.
Explosive Advantage
Explosives reloading system helping Gold One to reduce mining costs.
Critical Juncture
South Africa’s mining sector at a crossroads, collaborative effort required.
Consulting Engineering's Viability Proportional to Mining's Growth
The consulting engineer-ing industry’s sustain-ability and growth are largely dependent on and proportional to the mining industry’s sustainability and growth respectively, says industry body Consulting Engineers South Africa (Cesa).
Greater Emphasis On Ensuring Sustainability
Engineering expertise can be used to generate socio-economic gains for mining companies, particularly in jurisdictions that are dependent on the finite business of mineral extraction, states global engineering and infrastructure advisory firm Aurecon, an adviser to the African mining sector.
