Miners Should Benefit From Trump Win

Steve Fiscor/Editor-in-Chief

It happened in U.K. earlier this year and now it has happened here in the U.S. A movement that the mainstream media and the political elite had discounted will now change the direction of the country and possibly alter the global economy. Voters, many of whom felt their voices were not being heard, turned out to support Donald J. Trump, a billionaire businessman who decided to take on the establishment. As the ballots were tallied, it became clear that a huge turnout in rural areas was offsetting the votes cast in the urban centers. He not only pulled off a political upset that shocked the left, but the Republicans also walked away with a majority in both houses of Congress.

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Autonomy Takes Center Stage at MINExpo 2016

The vibe at MINExpo 2016, which took place September 26-28 at the Las Vegas Convention Center, was fairly predictable, but the leap in technological advancements, especially in the area of autonomous mining, was quite surprising. More than 44,000 people attended the world’s largest mining exposition, according to the U.S. National Mining Association (NMA). That attendance figure was down 15% from four years ago, and it’s understandable considering the current state of the mining market. The general consensus on the show floor was that traffic levels weren’t as slow as many had anticipated.

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150 Years of Editorial Service

This month, E&MJ offers an in-depth report on Newmont Mining Corp. When gold prices started to decline, the company began to optimize operations and sell assets. Lowering operating costs allowed it to invest in operations during the downturn and now they are reaping the rewards.

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Green Shoots for Metals?

As mining companies were releasing their second quarter financials, it was becoming clear that some of the markets for several metals may be turning the corner. Prices for precious metals and iron ore had moved north. Gold miners have seen their market capitalization rise considerably since the beginning of the year. Other areas, especially bulk commodities such as coal, oil sands and potash, have yet to see a rebound.

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From the Editor

Steve Fiscor, Editor-in-Chief, EMJ, Engineering Mining Journal
Steve Fiscor heads a world class group of writers and editors serving the mining and construction markets. He has served as editor-in-chief for E&MJ since 2003 and Coal Age since 2001. He writes articles on mining and processing, organizes the technical programs for several conferences, and produces many of MMI's ancillary products.

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