Commodities
North America’s Top Mining CEOs Anticipate Turbulent Year Ahead
- Governments may boost demands on foreign mining companies
- Mining heads expect acquisition activity to pick up in 2023
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Top executives from North America’s biggest metals producers are bracing for a turbulent 2023 marked by recession, geopolitical risks and an uncertain investment climate that could change the face of mining.
The year “is going to be seen as the start of serious change — in the way mines operate and are held accountable,” Barrick Gold Corp. Chief Executive Officer Mark Bristow said in an interview. “The scenario that’s playing out across the globe is a very interesting dynamic, and honestly I don’t think anywhere is perfectly safe to invest right now.”