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Era of heightened scrutiny and funding cuts present opportunity for niche services as Industrial Minerals Data launches
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The tide of dissent has started to turn as the unconventional gas industry swells. The public and industry, for the most part, have accepted that shale gas is not a fad. Other countries outside the US have started to take notice. The myth peddled at the end of 2008/9 - that the fracking boom could not be replicated elsewhere as it would be too expensive and arduous to implement - is all but quashed.
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While this issue focuses heavily on industrial minerals markets in North America, with reports on last month’s PDAC event and SME, on Africa, with a report on titanium dioxide (TiO2)) projects in the pipeline and on China, with a report on hydraulic fracturing in the Orient, Australia has been making waves in the news this month also.
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Are happier times ahead? Not everyone is certain. An industry report released by leading consultants Ernst & Young in February showed that 2012 saw the lowest number of deals in the mining sector since 2008, and recorded the first annual drop in funds raised since the financial crisis
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Anyone who has visited Vancouver will recognise the scene on the front cover of this month’s Industrial Minerals (IM). The shot shows Canada’s natural beauty, as well as exemplifying the challenging terrain mining companies have to work in. The totem pole signifies the importance of working with Canada’s First Nations communities. In fact, this is something which has been emphasised again and again when speaking to companies who work in Canada.
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For most in the industrial minerals industry, 2012 has been a year best forgotten. Prices in most industrial minerals marklets dropped as demand fell off the cliff in many major end markets.
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News that French industrial minerals behemoth Imerys had acquired UK-based kaolin producer Goonvean (p10) was met with sadness from some in the industry as it marked the demise of the last independent kaolin producer in the country.
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On the cover of IM’s November edition readers will see a shot of Hong Kong, its sky alight with lasers, neon lights - and prosperity. The city, which this month plays host to conferences in two of the most bullish and volatile mineral markets, rare earths
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The point that governance can make mining a tougher market was a recurrent theme at the European Minerals Resources Conference (EUMICON) 2012, which is held just once every 25 years in the mining town of Leoben, Austria.
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China’s stranglehold on the industrial minerals industry is no new phenomenom.
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In the last 12 months, many of you will have attended an IM Roundtable, joined and participated actively in one of the many IM Linkedin Groups, or followed IM on Twitter at many of the events we have attended.
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Indonesia export ban could see more doors closed to mineral exports
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