What's new this month | July 2009
Copper Mine Costs and Fundamental Support for Prices
The copper industry is experiencing a rapid period of change reflecting the credit crunch and ensuing global economic downturn. At mid-year 2008, prior to the Lehman...
Global Watch
- Metallurgical Coal Supply Review.
- Mexico energy reforms: turning the super tanker
- Central & Eastern Europe Challenges & Opportunities
- Nigeria review and Outlook
- Russia thermal coal exports under cost pressure
- Middle East Gas Supply Crisis
- South East Asian Global Exploration Contribution.
- Nickel in Perspective.
Metallurgical Coal Supply Review.
North America
The economic slowdown has caused a worldwide reduction in steel output. Metallurgical coal producers responded with numerous cutbacks; however, more adjustments and closures are likely to occur. Despite this situation, a few new coke ovens are under construction in the US.
Mexico energy reforms: turning the super tanker
Latin America
Mexico's energy reforms are wide-ranging and will help to modernise Pemex, the state-owned oil company. However, like turning the proverbial super-tanker, solving key underlying problems such as declining oil production could take years, if indeed it is possible at all.
Central & Eastern Europe Challenges & Opportunities
Europe
The recession presents major challenges but, with security of supply concerns, opportunities exist for investors and governments in Central & Eastern Europe. Click on the link below to find out more.
Nigeria review and Outlook
Africa
Despite significant challenges faced by operators in Nigeria, the country remains Sub Sahara Africa’s top producer. Wood Mackenzie’s Sub Sahara Africa research team recently held a webcall focused on Nigeria. Click the link below to register for the recording and slides.
Russia thermal coal exports under cost pressure
Former Soviet Union
2009 will prove to be a tough year for Russia’s coal exporters. Falling prices, and continued rising cost pressures could result in as much as 20% of Russia’s thermal coal production sold at below cash cost this year. Click on the link below to register for a presentation.
Middle East Gas Supply Crisis
Middle East
In a presentation at Gastech 2009 in Abu Dhabi, Rajnish Goswami, Head of Gas & Power Consulting Asia Pacific for Wood Mackenzie, urges Middle East policy makers to act now to meet their countries’ future gas needs. Click on the links below to read more.
South East Asian Global Exploration Contribution.
Asia Pacific
Dr Andrew Latham gave a presentation at SEAPEX 2009 focusing on recent exploration trends (spend, resources, costs & returns) and future exploration potential (Yet-to-find resources) in the region. Please click the link below to register for the presentation slides.
Nickel in Perspective.
Global
This podcast, with Andrew Mitchell, discusses some of the recent aspects of the nickel market, putting into context the importance of evaluating costs of production. Click the link below to watch the video & register for a sample mine profile.
Highlights
The Quest for IOC Value in the Middle East
The Middle East accounts for over one third of the world’s oil and gas production. Watch the video with Ross Cassidy to learn more. | June 2009
Glimpsing the potential of North African deepwater
The past eight years have witnessed a sharp increase in deepwater drilling and a corresponding jump in discoveries in North Africa. Watch the video with Femi Oso to learn more. | June 2009
Zinc Mining Industry: Reaction to the growing global recession
Video Interview – Paul Smith discusses the recent response of zinc miners to falling metal prices. | June 2009
Wood Mackenzie announces the release of the new Unconventional Gas Service
Wood Mackenzie is pleased to announce the release of the new Unconventional Gas Service | June 2009
