The strengthening of environmental groups, backed by foreign NGOs, means that mining firms are increasingly likely to be targeted with civil unrest and court action. This increases the risk of project delays, but also of license cancellation.
Despite its natural endowment of resources such as gold, platinum, palladium and many other precious, rare metals, the Southern African state of Zimbabwe has not been able to profit from the decade-long boom in the metals markets.
We are confident that Latin America will not only bring into production many new deposits in the following years, but that many new discoveries will be made as well. We follow the money as Latin America is apparently the place to be.
The gold-mining industry has made impressive strides since its 2008 production low. In the last few years mine output has surged. And in taking a closer look into this major supply source, we find some fascinating country-level developments.
According to officials in Baghdad, Iraq has huge gold producing potential. Nevertheless, senior government members have stated that the country does not have the necessary know-how in terms of mining capabilities.