The current global metals and minerals environment is reminiscent of past 2015 years, when the mining industry stalled after a very good run – compounded this time by inflation pressures, few or no new discoveries and a chaotic global order. “Then, as now, it is plagued by the obsessive short-termism of governments and investors alike, who demand instant gratification and reach for immediate solutions, dismissing the long-term nature of mining,” Barrick CEO Dr Mark Bristow said during the New York- and Toronto-listed gold and copper company’s presentation of higher third-quarter results, helped by higher production and lower costs in the three months to September 30. (Also watch attached Creamer Media video.)