Tracking the trends 2010
A look at 10 of the top issues mining companies will face
By its very nature, the mining industry is characterized by cyclicality. Yet few mining organizations truly were prepared to address the volatility assailing the sector in 2009. Over a course of barely two years, commodity prices reached record highs and serious lows. As a result, mining companies have been forced to question whether their strategic frameworks were sufficiently flexible to weather both market upswings and downswings.
To help mining companies address these concerns, Deloitte’s Mining practitioners from around the world once again identified the top ten issues emerging in the global mining sector. Following from the first edition, released in 2009, Tracking the trends 2010 considers whether demand from growing nations is sustainable, assesses the impact of ongoing commodity price volatility and stresses the importance of effective demand management. It also questions how industry players plan to continue earning a social license to operate.
By gaining a better understanding of these and other key issues facing the industry in the near term, mining companies can do more than prepare a short-term response plan. They also can begin to develop a full range of strategic options designed to position them to weather a wide spectrum of possible future scenarios. Only with this approach can they begin to harness the opportunities that lie within volatility.
Download Tracking the trends 2010 today to gain insight into industry best practices, a concise perspective on emerging mining industry trends and valuable guidance to help you lay a foundation for future growth.
Deloitte North American Mining Leader Glenn Ives on BNN (Dec. 15, 2009; posted with permission)
How to get through another year (Canadian Mining Journal, Dec. 18, 2009; posted with permission)
Technology aimed at tapping gold in groundwater (Business in Vancouver, Jan. 12-18, 2010; posted with permission)
Be flexible and forward-looking (CIM Magazine, February 2010; posted with permission)