For 2021, new mine construction, including grassroot mine and brownfields, account for 20% of current projects, while in-plant expansions, additions, retrofits, modernizations, automation and maintenance projects account for 80% of the projects in 2021.

2.1 Introduction. Products of the mining industry are an essential part of our lives. We need them to satisfy our everyday needs. The growing worldwide population, together with the rising living standards, increases the demand for minerals.

 — Against this backdrop, miners have to plan for the considerable challenges of this decade. These include the urgent need to address the prospect of acute labor shortages, a legacy of underinvestment and sparse project pipelines, geopolitical risks, and low productivity.

 — By bringing together multiple stakeholders across the mining and metals ecosystem—from governance, to regulators, to educational entities and private bodies—the industry can shape a multifaceted, enduring solution to talent sourcing.

 — In its 20th edition, PwC's 2023 Mine: The era of reinvention, an annual review of the Top 40 mining companies globally, examined trends in the mining industry. In this report, PwC found market capitalisation of the Top 40 miners tripled from US$400bn in 2003 to US$1.2trn in 2022.

 — Unpacking the forces influencing the future of the mining industry can help make sense of complexity, better situate how risks manifest themselves, and improve our understanding of how to navigate them.

 — Released today, the 16th annual edition of Deloitte Global's mining and metals report, Tracking the trends 2024, explores key trends facing mining and metals companies and how the sector is navigating a complex matrix of challenges, opportunities, expectations, and demands.

 — ESG and the drive towards a low carbon future are top of mind for miners as they move past the impact of the global COVID-19 pandemic; How mining companies prepare for a more sustainable future could drive investment decisions and determine their competitiveness going forward

 — The major trends in the mining industry focus on sustainable mining and implementing digital technologies to optimize mining operations. The mining sector is undergoing a profound transformation driven by advancements in digital technologies, including IoT, AI, and digital twins, collectively pushing the boundaries of efficiency, …

 — The evolution of technology, from advanced data analytics to artificial intelligence (AI), has always had the potential to transform the mining industry by realizing operational efficiency improvements, enhancing productivity, improving safety performance, empowering employees to do more meaningful work, and allowing communities to be …