Currently viewing Global edition

Gold miners the 'winners' in mining's tech shift

Barclays Bank analysts have picked out gold miners Agnico Eagle, Barrick Gold and Newmont as potential big winners from “accelerated application” of digital, automation, electrification and other technologies in the global mining industry over the next five years, but they believe the same technologies are going to be a double-edged sword for copper producers.

Gold miners the 'winners' in mining's tech shift Gold miners the 'winners' in mining's tech shift Gold miners the 'winners' in mining's tech shift Gold miners the 'winners' in mining's tech shift Gold miners the 'winners' in mining's tech shift

The bank says in a lengthy commentary on the looming "material" impacts of prominent technologies on mining, and mining costs, historic deflationary effects that had been a "headwind to the industrial