Networking vital in difficult times

IN these difficult times for the mining industry the support factors of networking and education are more important than ever. Establishing, maintaining and growing networks can provide many benefits to mining companies and the METS sector – chatting with like-minded peers, discussing successes and failures, sharing expertise, and learning about different situations. Education is always important in developing business but during troubled times it is even more important as this is when things must be done better or differently if companies are to survive.

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Vital time for Indonesia’s mining industry

THERE are some encouraging signs for mining after an uncertain 2012 with commodity prices recovering, Chinese growth picking up and economies in the US and Europe less troubled than previously. If South East Asia’s largest economy, Indonesia, is to gain full benefits of a mining recovery, the remainder of 2013 is a vital time as the country prepares for several imminent mining legislative changes.

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More of the same for mining in 2013

2012 saw economic uncertainty around the world exacerbated by growing financial troubles in Europe and deliberate slowing of China’s growth. This uncertainty was reflected in the mining industry with resulting downward trends for most mineral prices and great difficulty in securing funds for exploration, mine development and expansions, which led to a concerning and increasing number of project postponements and cancellations. The overall downward trend in the mining industry and investment has not been aided by an increasing amount of resource nationalism around the world.

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Definitely ‘glass half full’ at MINExpo 2012

THERE is no question the global mining industry is not as strong as it was at the start of 2012 thanks to a gloomy Europe, slowing Chinese growth, depressed metal prices and lack of capital for exploration, development and expansion projects, but it was undoubtedly a case of glass half full at MINExpo 2012 in Las Vegas. While acknowledging the difficult conditions, most mining executives and leaders at the world’s biggest mining showcase were very optimistic about the future.

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Sylwia Pryzbyla, Editor

Sylwia Pryzbyla
Editor, ASIA Miner and Australian Editor, E&MJ
[email protected]

Sylwia Pryzbyla has more than two decades of experience in media and publishing industries.

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