Solution to the impact of

Covid19 on

MINING AND METAL

INDUSTRIES
 ANALYSIS OF
METAL PRICES
2021
Mining &
WOODGROVE 2
MetalsBANK
GOLD Copper

Increases in Prices as
Supply < Demand due
to Covid-19

Iron Ore

Mining &
WOODGROVE 3
MetalsBANK
COAL NICKEL

Prices back to
normal indicating
supply matches
demand

STEEL

Mining &
WOODGROVE 4
MetalsBANK
 REASON FOR
VARIATION IN
TREND AMONG
DIFFERENT
METALS
Mining &
WOODGROVE 5
MetalsBANK
END USE OF METALS

Industries shut
down due to
Covid-19

Lack of demand

Matching Lack of
supply

Mining &
WOODGROVE 6
MetalsBANK
PROBLEMS FACED
BY THE MINING
SECTOR
Mining &
WOODGROVE 7
MetalsBANK
• Government imposed
Covid-19 restrictions on
mine reserves
• Lack of transportation
• Non-availability of labour
Mining &
WOODGROVE 8
MetalsBANK
OVERCOMING THE
HURDLES
Mining &
WOODGROVE 9
MetalsBANK
SAFETY BEFORE
SUPPLY Mining &
WOODGROVE
MetalsBANK
10
• Ensuring availability of Personal Protective
Equipment (PPE) to all workers
• Regular disinfecting of all operating
areas/office spaces
• Develop protocols for the workforce to
collaborate remotely in an efficient manner

Mining &
WOODGROVE 11
MetalsBANK
 MANAGING
LIQUIDITY CRISIS Mining &
WOODGROVE
MetalsBANK
12
• Moratorium on loan repayment for both long-
term and working capital loans

• Provision of low-cost working capital loans, to

manage payments to employees and other fixed
costs like payments to contractors

• Defer payment or instalment options for

statutory costs, such as GST, Import duties,
Royalty, etc
Mining &
WOODGROVE 13
MetalsBANK
SMART MINING TO
THE RESCUE Mining &
WOODGROVE
MetalsBANK
14
• Using smart data and machine learning
capabilities, a single operator can now
remotely control several drill rigs
simultaneously, with autonomous vehicles
taking over pit-to-pit operations.

• Remote monitoring tools have also delivered

tangible benefits given mine shutdowns –
allowing companies to monitor and review
the performance and data from their
equipment without having to be on site or in
the control room.  Mining &
WOODGROVE
MetalsBANK
15
• Automated drones can be used to monitor
excavation and extraction projects, keeping
detailed accounts on the spread of waste
products and harmful materials.

• Drones can also be used to assess pipeline

infrastructure and retention ponds, whilst also
providing safety surveillance in hazardous
areas and asset management across multiple
sites.
Mining &
WOODGROVE 16
MetalsBANK
• AI-powered models can also be developed to
enhance the maintenance of equipment and
predict the future impact of mining
operations

Mining &
WOODGROVE 17
MetalsBANK
 SOURCES
1. Trading Economics
2. Interview by Boris Evanos
3. Mc.Kinsey
4. Economic Times

Mining &
WOODGROVE 18
MetalsBANK
 WOODGROVE
BANK

THANK YOU
NISHA PUSHPAM