An Insight on the Impact of Covid-19 on the Global and Turkish Mining Industry

Abstract

BACKGROUND: COVID-19 affected numerous industries and the mining industry has not been immune to the adverse impacts caused by the pandemic. OBJECTIVE: This study examines the importance of the mining industry and its benefits to the economy of the producing countries. The paper also gives an insight into the pre-COVID global and Turkish mining industries and investigates the impact of the pandemic on the global and Turkish mining sectors. Furthermore, the study suggests numerous measures that should be adopted in mines to limit the spread of COVID-19 and conduct mining operations safely and efficiently. METHODS: An extensive literature review was conducted and relevant papers on the importance and benefits of the mining industry, the Turkish and global mining industry, and the impact of COVID-19 on the Turkish and global mining industry were studied. RESULTS: The COVID-19 crisis has deeply affected metal and mineral production and the economic sectors that depend on the mining industry for supplies. The most significant impacts caused by the COVID-19 pandemic on the global mining industry consist of the drastic decline in demand and production and the decrease in the prices of several commodities. As with any complex global situation, the mining industries of some countries were affected more than others by the COVID-19 crisis. The Turkish mining industry was to some extent affected by the COVID-19 crisis, but it quickly recovered. CONCLUSIONS: An efficient planning of operations and adopting effective measures and precautions enable limiting the spread of COVID-19 in quarries and mines.