Mining Industry Analysis Report: Q2 2023 - Gold Increased to a 52-Week High Due to Banking Sector Worries

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Nov 22, 2023, 10:30 ET

DUBLIN, Nov. 22, 2023 /PRNewswire/ -- The "Mining Industry Analysis by Commodity Prices, Production Volumes, Projects and Capex, Regulatory Changes and Technology Advancements, Q2 2023" report has been added to ResearchAndMarkets.com's offering.

The report provides a quarterly mining industry update, assessing the latest commodity trends by tracking commodity prices and global and company production for coal, iron ore, gold and copper.

Analysis is provided on project momentum, based on projects that advanced in this recent quarter. In addition, the report also provides a detailed analysis of development projects in the mining industry, segregated by country, commodity, and company and development capital expenditure for leading miners.

The report also analyses impact of coronavirus on the global mining industry, digitization and ESG in mining. It further includes analyses of the end use sectors such as construction, automotive, electric vehicles, crude steel and coal-fired electricity generation.

Global coal production is expected to increase by 1.9% to 8.9Bnt in 2023. The majority of this growth will be driven by China, India and Russia. In recent years, China has made efforts to reduce the environmental impact of coal mining, including stricter regulations and increased investment in clean technologies. India's coal production is expected to remain robust in 2023 with 6.2% growth to 947.4Mt, helped by the government's push to reduce dependency on imports.

During the second quarter of 2023, the commodities market experienced significant fluctuations. In April, concerns over China's construction data impacted iron ore and coking coal prices, while gold increased to a 52-week high due to banking sector worries.

May 2023 saw declines in thermal coal, iron ore, and coking coal prices, attributed to lower power demand and China's subdued construction sector. Base metal prices also dropped due to reduced industrial demand.

In June, the thermal coal price continued to decline, while iron ore began a recovery. The threat of sustained high interest rates caused a dip in the gold price despite reaching a three-year high earlier.

Scope

Analyse mineral commodity trends at a global level
Track ESG and technology developments in mining industry
Company production highlights for the recent quarter
Analyse project developments in the mining industry
Compare number of development projects in the mining industry by country, commodity and company
Track latest mining industry developments
Geographies covered include - Asia-Pacific, Americas, Europe, Middle East and Africa, Oceania and Former Soviet Union.
Track construction output growth
Analyse automotive and electric vehicle sectors
Track coal-fired electricity and crude steel production highlights

Reasons to Buy

Comprehensive evaluation of all development projects by commodity, country and company
Assess trends in project momentum
Analyse forecasted production trends for core commodities
Understand latest trends with capex guidance for leading miners
Track latest company developments
Comprehensive evaluation of the impact of coronavirus on the global mining industry
To understand ESG related developments in mining industry
To understand end use sectors such as construction, automotive, electric vehicles, crude steel and coal-fired electricity generation

Key Topics Covered:

Overview
Commodity Trends
Development Projects Update
Capital Expenditure
Demand Drivers
Technology in Mining
ESG in Mining
Contact the Publisher

A selection of companies mentioned in this report includes

Coal India Limited
China Shenhua
China National Coal Group,
Vale SA
Rio Tinto
BHP
Freeport-McMoRan
Codelco
Glencore Plc
Grupo Mexico
Newmont
Barrick Gold
Agnico Eagle

For more information about this report visit https://www.researchandmarkets.com/r/tz92ic

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SOURCE Research and Markets