May 17, 2020

Nevada Mining Association: A voice for Nevada’s mining industry

Association
Company profile
Nevada Mining Association
gol
Admin
4 min
NMA: A voice for Nevada’s mining industry


Mining has long been an integral part of Nevadas history—from Native American use of its mineral wealth to fashion tools to todays modern indust...

Mining has long been an integral part of Nevada’s history—from Native American use of its mineral wealth to fashion tools to today’s modern industrial mining operations.

Nevada’s silver deposits were a major reason for Nevada’s admission into the United States in 1864, and mining has since positioned the state as a global leader in the production of strategic minerals in the development of new technologies.

Founded in 1913, the Nevada Mining Association is one of Nevada’s oldest trade associations, representing a broad spectrum of the industry.

“There’s mining essentially everywhere,” said President Dana Bennett, Ph.D., in a recent interview. “Our association represents all the businesses involved within the industry—whether it’s exploration, development, operations, reclamation or vendors.”

Having a long and respected track record, it is no surprise that the association has 400+ members. In fact, of the 116 mines in Nevada, many of them are members as well.

“We have strong relationships with state government agencies and represent the industry at the legislature,” explained Bennett. “We assist with facilitating conversations between the federal and state regulators and the companies.”

In addition, the Nevada Mining Association provides multiple opportunities for its members to collaborate and get to know one another. From events to committees, members can meet and discuss best practices, discuss solutions for resolving issues and learn from one another.

Educating the residents (and visitors) of Nevada

Nevada is a very urban state, with the majority of the population living in Las Vegas and Reno. Of that population, most are transplants. For that reason alone, the Nevada Mining Association strives to continue to tell the story of Nevada’s mining industry.

“It’s important that [residents] understand the role that mining plays in their daily lives,” said Bennett. “And how important the industry is to the state economy.”

As a source for accurate and credible information about mining in Nevada, the association has many different ways of providing information to the public. One of those methods is the interactive mine tour offered on their website.

• Related content: Nevada will soon play a major role in supplying lithium to Tesla

From aerial overviews to exploring the surface of a mine to experiencing a gold refinery, the interactive tour allows visitors to get a first-hand feel of the industry.

“We also have a larger display at the airport,” added Bennett. “It’s quite a large exhibit as people are going to the Southwest Airlines gates. There are terrific mineral samples and a full-size interactive mine exploration opportunity.”

“We work very hard to be a respected and credible source of accurate information,” she said. “Part of that is pushing out information, the other part is responding to inaccurate information that might be out there.”

The Nevada Mining Association and education

In partnership with the Nevada Division of Minerals, for 25 years the Nevada Mining Association has hosted teacher earth science workshops to help public, private and home instructors educate future generations.

With one workshop in the spring and one in the summer in southern and northern Nevada, the workshops provide classroom instructions and ideas for lessons plans and field trips. Teachers who participate also receive a university credit or a Professional Development credit.

“It’s a very popular program,” said Bennett. “Our workshop this last spring in Las Vegas had well over 100 teachers. They participate and they learn about minerals and then take that new information back to their students.”

• Related content: Top 10 Associations raising awareness for the mining industry

The goal of the workshops is to educate K-12 Nevada teachers about the earth sciences, the importance of mined materials and the role that mining plays.

Dedicated to the better education of the youth, another workshop will be hosted in mid-July.

A voice for Nevada’s mining industry

Nevada mines employ over 12,000 people in jobs with the highest average wages and most comprehensive benefit programs in the state. These mines continue to produce gold, silver and copper. Another 2,000 companies—mostly small businesses and family-owned companies—make their living providing goods and services to mining operations.

All together, the mining industry is “a responsible and responsive corporate citizen in Nevada,” offering employment opportunities, substantial taxes and “actively participating in the cultural lives of communities.”

The Nevada Mining Association is constantly looking for ways to champion Nevada’s mining industry.

“We’re proud of Nevada’s mining industry and work hard to get that message out,” said Bennett.

One of the most important parts of the mining industry is that it requires constant exploration, according to Bennett. In a state like Nevada, with its unique geology and geography, there are constantly new things to find.

“It’s important to understand that mining didn’t just happen in the past,” explained Bennett. “We don’t know what we’re going to need 50 years from now, and so exploration for new metals and minerals, and the innovative ways of using them, are important for our future.”

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May 8, 2021

Global iron ore production to recover by 5.1% in 2021

Iron ore
BHP
Anglo American
GlobalData
2 min
After COVID-19 hit iron ore output by 3% 2020, GlobalData analysis points to 5.1% uptick in 2021

Global iron ore production fell by 3% to 2.2bnt in 2020. Global production is expected  to grow at a compound annual growth rate (CAGR) of 3.7% to 2,663.4Mt between 2021 to 2025. The key contributors to this grow will be Brazil (6.2%), South Africa (4.1%), Australia (3.2%) and India (2.9%). Key upcoming projects expected to commence operations include South Flank in Australia (2021), Zulti in South Africa (H2 2021), Serrote Da Laje in Brazil (H2 2021) and Gudai-Darri (2022), according to GlobalData, a leading data and analytics company.

Iron Ore

Vinneth Bajaj, Associate Project Manager at GlobalData, comments: “Declines from Brazil and India were major contributors to the reduced output in 2020. Combined production from these two countries fell from a collective 638.2Mt in 2019 to an estimated 591.1Mt in 2020. The reduced output from the iron ore giant, Vale, was the key factor behind Brazil’s reduced output, while delays in the auctioning of mines in Odisha affected India’s output in 2020.

“Miners in Australia were relatively unaffected by COVID-19 due to effective measures adopted by the Australian Government, while a speedy recovery in China led to a significant 10.4% increase in the country’s iron ore output.”

BHP

Looking ahead, the global iron ore production is expected to increase by 111.3Mt to 2,302.5Mt in 2021. Rio Tinto is expected to produce up to 340Mt of iron ore, while BHP has released production guidance of 245–255Mt, supported by the start of the Samarco project in December, which is expected to produce between 1–2Mt.The company has retained its guidance for Australian mines at 276–286Mt on a 100% basis, due to scheduled maintenance work at its ore handling plant and tie-in activity at the Area C mine and South-Flank mine.

Anglo American

Bajaj added: “The remaining companies are expected to produce more than 600Mt of iron ore, including FMG, whose production is expected to range between 175–180Mt supported by its Eliwana mine that commenced operations in late December 2020, and Anglo American, which is expecting to produce between 64–67Mt. Vale is expected to resume 40Mt of its production capacity, taking its overall production capacity to 350Mt in 2021, with production guidance of 315-335Mt.”

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