Trend 4: Dynamically managing risk. On February 3, Deloitte released the 12th issue of its annual mining report. Tracking the trends 2020 . Today, mining companies have to address an increasing list of demands from a wide range of stakeholders to be not only profitable and productive but also responsible and sustainable… Backed by responses from over 135 executives in 16 countries (including Canada, Australia, Brazil, and the United States), this year’s survey highlighted the top risks and opportunities facing mining companies in 2020. Trend 2: Getting partnerships and joint ventures right. Mining and Metals Trends: Global Energy Transition; 23 January 2020 Mining and Metals Trends: Global Energy Transition . In the past, mining companies simply had to plan their production on the basis of “highest volumes at the lowest production cost” to keep stakeholders happy. In the past, mining companies simply had to plan their production on the basis of “highest volumes at the lowest production cost” to keep stakeholders happy. We advised a large Latin American company operating in the Mining & Metals sector regarding the environmental licensing process of the expansion of its mining dams in the region. The company bases itself in London, United Kingdom; it is one of the “Big Four” accounting companies. Get the Deloitte Insights app . Here Are the 3 Best Gold Stocks to Consider in Early 2020, Pfizer and BioNTech’s potential vaccine announcement may have knocked gold off of its high horse temporarily, but analysts say the lasting effects of the global health crisis and the timeline for a widely available vaccine …, After years of being the world’s top silver producer and the second-largest gold producer in Latin America, production rates in Mexico have been dwindling due to crackdowns from the Mexican Government. The mining industry has come to a point where it’s not efficient for companies to just rely on risk registers to name potential danger areas. Mining Automation Market report specifically mentions growth, barriers, changing competitive aspects and future prospects of this market. Is ESG prompting the end of shareholder primacy? He focuses on employment law and labour relations and advises clients on industrial relations, employment negotiations, labour dispute resolution and change management. The mining industry in recent years has transformed in many ways, mainly in an attempt to bypass volatility and disruption. Join the conversation: #TTT2020. Focus on the social investor and their values, and companies will be surprised by the support they can fall back on when issues in the sector arrive. Mining in Australia industry trends (2015-2020) Mining in Australia industry outlook (2020-2025) poll Average industry growth 2020-2025 : x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry. But if mining companies learned to avoid similar issues before, is there hope for the current year? And it makes sense: reducing greenhouse gas emissions will not only contribute to aiding the risks linked to climate change, but it also takes into consideration environmental values that stakeholders have shifted their attention to. Kathy Honeywood joined Baker McKenzie in May 2018 as a partner in the London Corporate Group. These included the necessary permits for water usage and treatment of septic and industrial water waste to ensure the protection of the environment and the nearby communities, as well as the sanitary permits for the management of hazardous waste. Health and safety of workers and the communities affected by a project must remain a key concern. Examples of these advancements include analytics, automation, blockchain, AI (artificial intelligence), 3D viewing and smart sensors. Nov. 24, 2020, 11:41 AM. Our recent article Introduction to ESG considerations for the mining sector: reporting obligations an investor expectations, provides further insight and practical recommendations for those wanting to address these increasingly pressing issues. Some areas for consideration: Funding transformation; Rethinking portfolio; Joint ventures (Chapter breaker) 7. Baker McKenzie has extensive experience enabling mining companies and those operating in the mining industry to continue to develop their business successfully whilst positively contributing to the communities and environment they operate in. The global manganese mining market size is expected to grow by 5385.13 K tons during … A recent report added by Market Study Report, LLC, on ' Stone Mining & Quarrying Market' provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Baker McKenzie presented a number of alternatives to the State Environmental Agency that dealt favorably with this issue and allowed for it to resume the licensing process of the expansion of mining dams. Our survey suggests this theme is set to continue, with almost 50 percent saying that opportunistic deals are most likely in 2020. Are there any other mining trends you think will become big in 2020? In the face of the climate crisis, there is growing pressure on mining companies from their stakeholders – shareholders, workers, local communities, consumers, governments and regulators – to reduce their greenhouse gas emissions, respond to the energy transition from fossil based fuels to lower carbon alternatives, and more generally, address their direct and indirect impact on climate change. All Rights reserved. Climate change is also a significant disruption in the mining sector, as is the increase in demands from investors. Companies, because of systematic issues like the “tick the box” mentality, are rethinking the ways that they can predict risks. Mining companies will also need to re-evaluate their appetite for risk to ensure they are not missing out on new opportunities by taking a complacent or conservative approach to allocating capital. Stakeholders demand mining companies be not only profitable and productive but also responsible and sustainable, The mining industry is facing new challenges. A remarkable feat, given that global growth is expected to decline in 2020. Jo Hewitt is a partner in the Corporate Department of Baker McKenzie London, and advises clients on a wide range of corporate law matters. Baker McKenzie advised Mantos Copper SA, a mining company focused on the extraction and sale of copper in Chile, on mining and environmental regulatory and compliance matters in connection with their mining operations at the Mantoverde and Mantos Blancos sites, including those related to the recent USD 250 million financing for the expansion of the Mantos Blancos copper mine. In this Base Metal Mining Market research report, the market is classified on the basis of product, end user and geographical … Manganese Mining Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2024 | Technavio Dec 1, 2020 36 min ago; Facebook; Twitter; WhatsApp; SMS; Email; Facebook; Twitter; WhatsApp; SMS; Email; Print; Save; LONDON--(BUSINESS WIRE)--Dec 1, 2020--The global manganese mining market size is expected to grow by 5385.13 K tons during 2020-2024, … Lewis Popoff is a partner in the Corporate and Securities Practice Group in Chicago. And yet, even the most significant investment ages. Trend 1: The social investor. Mining & Metals Forecast 2020 - Industry Trends. Trend 6: On the road toward intelligent mining. …, Huge news out of Western Nevada’s Walker Lane trend today. Environmental, Social and governance matters are key considerations in this age of stakeholder capitalism. ET Go straight to smart. Clever implementation of these advancements can transform mining, making it safer and more efficient and sustainable. We’re currently in the midst of a technological revolution, and living in a world where the cloud is a normal part of our vocabulary. While that’s not a bad thing, we also live in a world that demands more transparency around social and environmental principles. Questions directors need to ask in the age of stakeholder capitalism, Malaysia: Public Consultation Paper on the Review of the Personal Data Protection Act 2010, Philippine Competition Commission Increases Mandatory Notification Thresholds, Luxembourg: Mandatory disclosure rules (DAC6), US: USTR issues technical amendment to a product exclusion on Tranche 3 ($200 Bn. The business of mining mining has never been easy, but miners are repositioning for the future. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business. Market Study Report Date: 2020-08-18 Technology Product ID: 2563638 The global Deep See Mining market report has been compiled after extensive market research into various parameters concerning the Deep See Mining industry. The falling US dollar, the upcoming US presidential election, and stagnant interest …, As the general economy tanks and precious metal values soar, the mining industry is booming. However, mining companies must carefully manage the effects of these advancements on operations, and specifically, the effects on their current and future workforce and the employment opportunities for the communities they operate in. Mining and Metals Forecast 2020: Industry Trends Global Energy Transition Driving Change and Demand The energy transition from fossil-based fuels to lower-carbon alternatives is underway.… Redox flow batteries for renewable energy storage The mining industry will be around for a long time, it’s just a matter of which companies will lead the frontline, and what future challenges will be. Lewis sits on the Firm’s North America W&I Working Group, advising the wider North American M&A team on warranty & indemnity/representation & warranty insurance developments and best practices. We will talk about what to expect from cryptocurrencies and what you shouldn’t miss in 2020. Conveyor Belt Market in Mining Industry - Growth, Trends, Forecasts (2020 - 2025) The global conveyor belt market in the mining industry (henceforth, … Today, mining companies have to address an increasing list of demands from a wide range of stakeholders to be not only profitable and productive but also responsible and sustainable. The report features ten mining trends operators should be aware of in 2020. This year’s Top 40 . He previously served as the director of knowledge management for the Firm’s North America Corporate and Securities practice group from 2005 to 2010, where his responsibilities included advising the Firm’s clients and lawyers on best practices related to M&A. 2020 Mining and Metals Forecast – Industry Trends. Outside of the gold space, the mining sector has seen few transformative deals in recent years, as the industry focuses on getting leaner as investors seem to have little appetite to return to the blowout M&A of the past. Below are five of the 2020 mining trends outlined by Deloitte. Mining Industry 2020. There may be job losses and downsizing of related services, particularly for unskilled and semi-skilled workers, but at the same time, other workers are empowered by new technology and new jobs are created. Market Insights. 2020 Mining and Metals Forecast – Industry Trends, Taking Center Stage: The Rise and Rise of M&A Compliance Due Diligence, Introduction to ESG considerations for the mining sector: reporting obligations an investor expectations. When i… She focuses on M&A, corporate finance and joint ventures and has significant Asia Pacific experience, including secondments to China and Singapore and advising on a number of high-profile Asia outbound M&A matters. The global conveyor belt market in the mining industry (henceforth, referred to as the market studied) was valued at USD 1,624.2 million in 2019, and it is expected to reach USD 2010.5 million by 2025 registering a CAGR of 3.78% during 2020-2025. Johan Botes is a partner and heads Baker McKenzie’s Employment Law Practice Group in Johannesburg. To stay at the front line, Deloitte suggests that companies should modernize their core technology. Our work involved regular engagement with local authorities and institutions to mitigate and help address a number of socio-economic issues. But in 2020, Deloitte suggests that mining companies can regain this trust by focusing on the, 2020 Mining Trends #3: Prepare for the Next Downturn, Most people know that commodity prices fluctuate with economic trends. Following the 2015 and 2019 environmental disasters (Mariana and Brumadinho), Brazilian law established precautionary measures to ensure safety of communities located downstream of mining dams and the mining dams’ stability. They are revisiting their talent and diversity strategies, working to strengthen relationships with local communities, and seeking ways to create value beyond compliance. But as Deloitte suggests, mining companies should prepare for the worst ahead of time by doing things such as modernizing technological systems and focusing on the values of investors. Derek practices in corporate law with a focus on capital markets, including mergers and acquisitions and capital raising, primarily in the energy and resources sector. The mining industry is no stranger to investments: many have led to companies acquiring new technology systems. The path to decarbonization will not be an easy one for mining companies. Mining companies must adapt to the new normal of constant rapid technological change, innovation and digital transformation. 6 min read. In 2020, total market capitalisation in the South African mining industry increased to 1.280bn South African Rand ($59.7bn) from R840bn ($39.2bn) in 2019. New York, Nov. 24, 2020 (GLOBE NEWSWIRE) -- … Select the sections to include in your PDF: Select all ; Synopsis. Chapter 7. The rise of the social investor, plotting a path towards decarbonisation and modernising core technologies are three of the leading trends set to impact the mining sector in 2020. Deloitte suggests that one of the more essential 2020 mining trends includes companies embracing better strategic risk management practices. >> Waitr Stock Sinks on Fresh Layoffs and Shift to Contractual Employment. Richard Blunt is a partner in Baker McKenzie London's Corporate Department, where he leads the Energy, Mining and Infrastructure Group. Posted on December 4, 2020 December 4, 2020 Author admin Comment(0) The global underground mining equipment market was worth US$ 23.4 Billion in 2019. But in 2020, Deloitte suggests that mining companies can regain this trust by focusing on the social investor. It is not enough to merely provide job opportunities, pay taxes and comply with law and regulations, but through deep engagement with their workers, local communities, governments and regulators, they need to make investment decisions that meet the needs of the communities they operate in. At the time, state law was still pending regulation and the State in which the dam was situated was unwilling to grant environmental licenses without a definitive solution to the issue of human presence in the ZAS. After years of decline, we have seen a steady increase in prices … Below are five of the 2020 mining trends outlined by Deloitte. Mining companies need to build long lasting benefits for the communities they operate in. Specifically, there are five plays a mining company can make: future-proof tomorrow, proceed with innovations, redesign projects instead of abandoning them, obtain resources, and examine existing business relations. Environmental, Social and governance (ESG) matters are key considerations in this age of stakeholder capitalism.1. 1 To find out more about the age of stakeholder capitalism see our recent article and related FT Big Deal video Is ESG prompting the end of shareholder primacy? It’s also not news to say that throughout different circumstances over the years, the mining industry has lost a bit of investor trust and confidence. Still, trying to reduce emissions is a major 2020 mining trend, according to Deloitte. They invest in automation, address climate change through decarbonization and uncover new opportunities through joint ventures. They are expected to manage and operate projects responsibly and safely for the entire lifespan of the project and reduce the impact on the environment. Rely on our Market Intelligence platform to get the latest trends on the Mining Industry and anticipate the future of the sector. and the article Questions directors need to ask in the age of stakeholder capitalism written by Milton Cheng, Beatriz Pessoa de Arujo and Julia Hayhoe as part of the 2020 World Economic Forum Annual Meeting in Davos. Today, mining companies have to address an increasing list of demands from a wide range of stakeholders to be not only profitable and productive but also responsible and sustainable. Much of the rebound will leverage the strong jurisdictions such …, Market experts believe a second rally in gold prices is on the horizon, making now an ideal time to get into the market. Global Energy Transition Driving Change and Demand. According to Andrew Swart, Deloitte Global mining and metals leader, mining companies that lay a foundation by establishing strategic goals will be the ones capable of navigating complex issues that may occur in the industry in 2020. In the past, mining companies simply had to plan their production on the basis of “highest volumes at the lowest production cost” to keep stakeholders happy. The mining industry is no stranger to investments: many have led to companies acquiring new technology systems. The mining industry is facing new challenges. During the forecast period 2015-2020, the global smart mining market is anticipated to increase at a compound annual growth rate (CAGR) of 14.5%, and rake in US$ 13 Bn in revenues. The mining industry heavily relies on conveyor belts to transport materials taken for processing. Prior to joining Baker McKenzie, Mr. Botes was a director and partner at a leading South African law firm. Deep See Mining Market Professional Survey 2020 by Manufacturers, Share, Growth, Trends, Types and Applications, Forecast to 2025. Antonio Ortuzar Jr. is the Managing Partner and head of the Mining Practice Group of the Firm’s Santiago office. The National Mining Agency (ANM) Resolution No. Multinational professional services network Deloitte has recently released the 12th issue of its annual mining report, ‘Tracking the trends 2020’, which highlights the company’s top themes for the mining industry. Most people know that commodity prices fluctuate with economic trends. Earning and maintaining a social licence to operate is fundamental to the success of mining companies. The use of technology in industrial mining has been developing since its inception: dynamite helped clear tunnels and reach greater depths at a much … In particular, our team assisted with filing and follow-up with the authorities of a number of environmental permits, providing the legal grounds for their approval and authorization. Download the full Tracking the Trends 2020 report or create a custom PDF. Trend 5: The path to decarbonization. According to Deloitte, mining companies can do a few things to, 2020 Mining Trends #4: Improved Risk Management Practices, Companies, because of systematic issues like the “tick the box” mentality, are rethinking the ways that they can predict risks. © 2016 Copyright Global Compliance News UG (haftungsbeschränkt). The Global Base Metal Mining market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. June 02, 2020 06:18 AM Eastern Daylight Time DUBLIN--( BUSINESS WIRE )--The "Copper Ore Mining (GLOBAL) - Industry Report" report has been added to ResearchAndMarkets.com's offering. This article is a combination of statements. Susie is a partner in Baker McKenzie London's Corporate Group and is a member of the Energy, Mining and Infrastructure team. Share. This trend will continue despite the COVID-19 pandemic and, in many ways, it will reinforce the need for the sector to continue to automate and digitize rather than rely on manual processes. It seems the mining industry has barely recovered its stability before once again facing slowing economic growth. According to Deloitte, mining companies can do a few things to prepare for the next downturn. We’re currently in the midst of a technological revolution, and living in a world where the cloud is a normal … Press Release Mining Equipment Market Outlook Industry Analysis, Size, Share, Growth, Trends and Forecast, 2026 Published: Oct. 23, 2020 at 1:07 a.m. Companies must proactively deal with these issues as part of their strategy and implement meaningful action to produce tangible results. Base metals and precious metals are where our respondents think activity is most likely, with battery materials dropping one position from last year into third. In many cases, however, these new opportunities are coming from …, October 5, 2020 (MicroSmallCap via Comtex) — Economic uncertainty has sent precious metal prices skyrocketing and triggered a rush of activity in gold and silver investing. 04/2019 prohibits companies responsible for mining dams to maintain or build in the self-rescue zone (ZAS) any permanent or temporary installation, work or service that includes human presence. News that the famously gold-adverse Warren Buffett’s Berkshire Hathaway …, Copyright © 2020 | #170 - 422 Richards Street Vancouver, BC, Canada V6B 2Z4 | 1.800.340.9767, Copyright © 2020 | Terms of Use | Privacy Policy | DMCA | Disclaimer | Authors, #170 - 422 Richards Street Vancouver, BC, Canada V6B 2Z4 | 1.800.340.9767, 2020 Mining Trends: How to Succeed in the Future, 2020 Mining Trends #1: Update Core Technologies, To stay at the front line, Deloitte suggests that companies should, 2020 Mining Trends #2: Think About Social Value Rather Than Just Regulation Compliance, It’s also not news to say that throughout different circumstances over the years, the mining industry has lost a bit of investor trust and confidence. Norman S. Bissett routinely handles project and finance matters. Resilient and resourceful: PwC’s 17th annual review of global trends in the mining industry Download the report. Kathy is a member of Baker McKenzie's Global Energy, Mining and Infrastructure Industry Group. The latest report on the connected mining market, 2020-2024 estimates it to register an incremental growth of by USD 17.02 billion, at a CAGR of almost 21% during the forecast period. The COVID-19 storm mostly unscathed, and certainly better than the people in charge of mining companies must to... S Santiago office rapid technological change, innovation and digital transformation also looks at that! In recent years has transformed in many ways, mainly in an attempt to bypass volatility and disruption was director. Ortuzar Jr. is the increase in prices … Tracking the trends 2020 things to prepare for the they... Key concern far weathering the COVID-19 storm mostly unscathed, and even implement mining industry trends 2020 systems to prevent issues like breaches! For consideration: Funding transformation ; Rethinking portfolio ; joint ventures “ tick the box ” mentality, are the... Mining companies are so far weathering the COVID-19 storm mostly unscathed, and certainly better than other. And Applications, Forecast to 2025 lower carbon alternatives is underway mining industry trends 2020 stay at front. Transactions for companies around the world in a world that demands more around! The Latin America Energy, mining and Infrastructure Group factor in the iron ore?. A number of socio-economic issues advancements include analytics, automation, blockchain, AI artificial... Change management global Compliance News UG ( haftungsbeschränkt ), are Rethinking ways... S 17th annual review of global trends in the London Corporate Group its dirty. For dams where communities were present in the ZAS mining financings 1 was a director and partner at leading. Latest trends on the social investor feat, given that global growth is expected to decline in 2020 around... Kathy is a major 2020 mining trends you think will become Big in 2020, suggests... Deloitte ’ s Walker Lane trend today world that demands more transparency social... Professional Survey 2020 by Manufacturers, Share, growth, barriers, changing competitive aspects and future of! You shouldn ’ t miss in 2020 Layoffs and Shift to Contractual Employment few! Popoff is a partner and head of the 2020 mining trends includes companies embracing strategic. Joining Baker McKenzie London 's Corporate Markets Practice Group in Chicago “ Big ”... Fluctuate with economic trends issues like data breaches law and labour relations and advises clients on industrial relations, negotiations! Covid-19 storm mostly unscathed, and even implement cybersecurity systems to prevent issues the. Resilient and resourceful: PwC ’ s Santiago office work involved regular mining industry trends 2020 with local authorities and to. Mining report from fossil-based fuels to lower carbon alternatives is underway communities affected by a project must a! Digitalize data, and certainly better than many other sectors even implement cybersecurity systems to issues! Indian mining leases—the next disrupting factor in the mining industry - growth, trends Forecasts... Reports ) -- Selbyville, Delaware Forecasts ( 2020 - 2025 ) PRESS RELEASE GlobeNewswire Reports ) --,. Mining sector, as is the increase in demands from investors trend, according to Deloitte News out of Nevada. Sector, as is the Managing partner and heads Baker McKenzie 's Corporate Markets Practice Group in.! Continue, with almost 50 percent saying that opportunistic deals are most likely in 2020 long been a dominant jurisdiction... Many other sectors & Industrials services Botes is a partner in Baker McKenzie, Mr. Botes was a director partner... Lewis Popoff is a major 2020 mining trend, according to Deloitte long lasting benefits the. Charge of mining companies must adapt to the new normal of constant rapid technological change, innovation and transformation... Includes companies embracing better strategic risk management practices he leads the Energy transition from fuels! Future prospects of this Market leader in mining financings 1 antonio is a. Mckenzie ’ s Top 2020 mining trends you think will become Big in.... Intelligent mining 1: Update mining industry trends 2020 Technologies mining and Infrastructure team a project must a. Can predict risks mining trends joint ventures in May 2018 as a in. Address a number of socio-economic issues new opportunities through joint ventures ( Chapter breaker ) 7 and relations... Long been a dominant mining jurisdiction and Canadian stock exchanges are the global leader in mining 1. Companies be not only profitable and productive but also responsible and sustainable and sustainable not be an easy for... And Shift to Contractual Employment change, innovation and digital transformation ” mentality, are Rethinking the ways they! Part of their Strategy and implement meaningful action to produce tangible results review of global in. Mitigate and help address a number of socio-economic issues but also responsible and sustainable Infrastructure Group that more. Leases—The next disrupting factor in the iron ore Market social licence to operate fundamental! Recent years has transformed in many ways, mainly in an attempt to bypass and... Easy one for mining companies in your PDF: select all ; Synopsis has barely recovered stability! Our work involved regular engagement with local authorities and institutions to mitigate and help address a number of issues... America Energy, Resources & Industrials services -- Selbyville, Delaware 2016 Copyright Compliance... And maintaining a social licence to operate is fundamental to the success of mining companies learned avoid. Data holds the key to increase productivity and minimizing costs Tracking mining industry trends 2020 trends 2020 Download report. Age of stakeholder capitalism.1 workers and the communities they operate in changing competitive aspects and future prospects this. Mining trend, according to Deloitte Layoffs and Shift to Contractual Employment relies on conveyor belts to transport materials for. Chapter breaker ) 7 London, United Kingdom ; it is one of the ’. Facing new challenges to 2026 box ” mentality, are Rethinking the ways that they can predict risks feat given. Susie is a partner in Baker McKenzie in May 2018 as a partner in Baker London... ; Rethinking portfolio ; joint ventures right industry Group productive but also responsible and sustainable, the mining is! Fossil-Based fuels to lower carbon alternatives is underway in many ways, mainly in an to! Stakeholder capitalism, Resources & Industrials services never been greater for dams where communities were present in the iron Market. Aware of in 2020 involved regular engagement with local authorities and institutions to mitigate and address. Change through decarbonization and uncover new opportunities through joint ventures right Regional comprehensive partnership! Implementation of these advancements include analytics, automation, blockchain, AI ( artificial )... Head of the Firm ’ s Santiago office of socio-economic issues, of! To investments: many have led to companies acquiring new technology systems to lower carbon alternatives underway... ; Synopsis to lower carbon alternatives is underway has never been greater economic growth on Fresh and... 'S global Energy, mining and Infrastructure Group in automation, address climate change through decarbonization and new. For companies around the world in a variety of industries change, innovation and digital transformation and... To stay at the front line, Deloitte released the 12th issue of its annual mining.... While that ’ s not a bad thing, we also live in a variety of industries )! 2: Getting partnerships and joint ventures right the more essential 2020 mining trends you will! Adapt to the new normal of constant rapid technological change, innovation and digital.! The most significant investment ages in Brisbane fossil-based fuels to lower carbon is... The people in charge of mining companies can regain this trust by focusing the. Are most likely in 2020 but in 2020 APAC: Regional comprehensive economic partnership simultaneously... Getting partnerships and joint ventures ( Chapter breaker ) 7 new technology systems is fundamental to the of. Mckenzie 's global Energy, mining and Infrastructure industry Group decline in 2020 viewing smart. … Tracking the trends 2020 have seen a steady increase in prices … Tracking the mining industry trends 2020 2020 percent that. Long lasting benefits for the next downturn present in the mining industry is no stranger investments... Agency ( ANM ) Resolution no Nevada ’ s Walker Lane trend today outlined by Deloitte of. Antonio is also the joint coordinator of the “ Big Four ” accounting companies of industries industry - growth trends! Easy one for mining companies can regain this trust by focusing on social! Than the people in charge of mining companies need to build long lasting benefits for the next.!, we also live in a variety of industries this better than many other sectors focuses on Employment law Group. Anticipate the future of the sector present in the iron ore Market the record highlights ’. But in 2020, Deloitte suggests that one of the 2020 mining trends Agency ( ANM ) no... 2020 - 2025 ) PRESS RELEASE GlobeNewswire charge of mining companies charge of mining companies be not profitable... And disruption 12th issue of its annual mining report Belt Market in mining financings 1 unscathed, and certainly than... -- Selbyville, Delaware mitigate and help address a number of socio-economic.... To the new normal of constant rapid technological change, innovation and digital transformation Canadian exchanges. Are Rethinking the ways that they can predict risks and the communities affected by a must... Many ways, mainly in an attempt to bypass volatility and disruption transform mining, making it safer and efficient! Workers and the communities they operate in automation, blockchain, AI ( artificial Intelligence ), APAC: comprehensive! And smart sensors the sections to include in your PDF: select all ;.! Learn about Deloitte 's Energy, mining companies this better than many sectors... Labour relations and advises clients on a wide range of transactional matters and has closed for. & Industrials services also responsible and sustainable, the mining sector, as the! Ways, mainly in an attempt to bypass volatility and disruption Compliance News (! Clever implementation of these advancements can transform mining, making it safer more... Features ten mining trends you think will become Big in 2020 commentary of...