Evidence-based analysis for the mining sector
A key supplier of materials to industrial activities that are central to the world economy, the extractive sector is sensitive to changes in the operating landscape. Factors such as economic shifts, regulation, geopolitical uncertainty, and commodity price fluctuations make demand hard to predict. Oxford Economics helps mining firms with reliable data and forecasts for key economic drivers, as well as analysis of trends in global industrial production, energy and commodity prices, government and consumer spending, and the performance of key end-use-sectors such as construction and automobile manufacturing.
Our team of economists and industry experts draw on a range of models and analytical tools to provide valuable decision support to mining executives and investors:
The world’s most widely used framework for macroeconomic scenarios, the Global Economic Model covers 80 countries in detail, and can be used to develop projections for multiple paths and possible futures. The model provides our baseline forecast along with alternate scenarios to support tailored analysis.
Analysis and commentary on the economic landscape with assessment of the latest economic events and data releases that might fuel investment speculation and influence commodity prices.
Regular monthly forecasts of commodity prices and future market trends and prices for raw materials such as energy, base metals, precious metals and other industrial inputs.
Forecasts of growth and analysis for all major construction and engineering markets globally to 2030, with deeper analysis of construction in Asia by country.
Risk mitigation, with economic, geopolitical, and operational risk assessment for 180 countries, in partnership with Control Risks.
Forecasts of cross-border flows, with trade projections by product as well as bilateral trade for 180 pairs of countries to 2040.
How Mining firms use our analysis
Assess drivers of demand for industrial raw materials. With heightened geopolitical risk and renewed global economic growth it has become increasingly important for mining firms to monitor macro factors that could signal a price change.
Apply our global economic and industry models to run scenarios on an aggregate and individual country basis, testing assumptions and external shocks that would affect both supply and demand.
Forecast commodity prices, with projections that are consistent with the overall global economic forecast assumptions in our economic and industry models.
Monitor the macro environment, using the Global Macro Service which provides insights on triggers that may affect the energy sector, such as conflicts, supply disruptions, and policy changes.
Carry out risk assessments. We can tailor our risk analysis to your specific requirements and the nuances of your business. And our partnership with Control Risks means that we can supply a rounded view of risks, including geopolitical and operational risks, to match your firm's risk profile.
Influence stakeholders through applied economics. Our economists are regularly engaged to evaluate the economic value of organisations to a national economy, build custom scenarios, and track trends in risk management for companies around the world.
Select Mining Clients
BHP Billiton, Anglo American, Banpu, De Beers, South32, Newmont Mining Corporation, Minera Peñasquito, Imerys, Companhia Brasileira de Metalúrgia e Mineração, Itochu International, Rio Tinto, LafargeHolcim, Cemex.
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