Mining capital markets have corrected recently, forcing large mining companies that overpaid for assets to focus on dramatic cost reduction.

Mining capital markets have corrected recently, forcing large mining companies that overpaid for assets to focus on dramatic cost reduction.
Metal prices fuelled by increased demand have also recently sold off from their peaks and are now forecast for steady near and long term growth in line with global demand.

PSM has no exploration costs as PSM provides streaming funding for existing mines in need of expansion or assets that have local data that need converting to standards that the market will accept.

Mining will transform over the next 10 to 20 years because of declining investment in the industry, and lack of engagement of young people entering the industry.

Most industry sectors have benefitted in some way from an evolution in technology. Mining is no different and is advancing at pace. Changes such as automation, drones, predictive analytics driven by AI, and remote operating capability means that the mining industry will make advances into the 21st Century that will transformative. This transformation hinges on developing digital and processing technologies to drive productivity, environmental and safety improvements. 

Predictive analytics tools – a form of AI – can utilise the data to better predict geology, lead to fewer drill holes and improve exploration outcomes. Knowing what material is coming in will help manage processing plants and enable better recoveries.