Tracking the trends 2013
7 December 2012
Tracking the trends 2013
The top 10 issues mining companies
may face in the coming year
As commodity prices decline and global economic uncertainty persists, it’s harder for mining companies to predict
future demand patterns. Companies are deferring their expansion projects in the face of waning Chinese demand, yet world demand promises to increase dramatically in the coming years. With cost pressure mounting and talent shortages ongoing, companies must assess the viability of a more complex series of options. Investments will be necessary to enable companies to weather more severe volatility.
Followers of action adventure are familiar with the scene where the hero jumps into a taxi and shouts, “Follow that car!” On some level, the mining industry has been re-enacting that very scene in their pursuit of production, richer deposits and higher yields. The push to produce safely at all costs has become a reality, against a backdrop of spiraling costs for raw materials, labour, capital projects and compliance.
Should you be interested in gaining more insight on the above matters, please see the document attached, as it will give you a bigger overview on the mining issues expected in 2013.
Ramsay Mc Donald
Deloitte & Touche
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