Newport Consulting today released its eighth Mining Business Outlook Report, which found that cautious optimism in the mining sector had jumped by 55% since 2015.
Three quarters of mining leaders surveyed are now cautiously optimistic, while 17% are very optimistic, while just 12% don’t feel optimism, well down from 55% in 2015.
But the report suggests that miners would continue to be challenged by the disruptive impacts of technology and automation.
A little over 20% of respondents believe automated haulage vehicles will be the top technology influence to impact the market over the next year, along with drones and big data.
But 0% of respondents said innovation was their...