Mining will need long-term strategies to survive new normal

For the mining industry to be successful post-Covid-19, the industry will require long-term strategies to deal with its challenges, which includes the pandemic. In a webinar hosted by the London Bullion Market Association (LBMA) on July 2, investment management firm Orion Resource Partners strategic projects director Victor Flores said that, for the mining industry to get ahead, it would need to recognise the world’s new paradigm, which is set to “accelerate the development of the green economy”, the benefits of which are implied for some metals, but disadvantageous for others.