Tracking the Trends 2013
The top 10 issues mining companies may face in the next year
In the face of waning Chinese demand and with cost pressures mounting, it is becoming harder for mining companies to predict future demand patterns. As companies assess an increasingly complex series of options, some have deferred investment and expansion projects. However, continued investment is necessary to enable companies to weather this volatility. The companies that thrive into the future will be those that set solid strategic direction and hold the course amid shifting industry realities.
In the 2013 edition of “Tracking the trends”, beyond highlighting key industry indicators, Deloitte’s global mining professionals share a range of responses companies can adopt to prepare for shifting industry realities. The report offers some quantitative analysis to help frame key issues and impart greater context, and identifies ten pressing issues the global mining sector is likely to experience:
- Counting the costs: Paying the price of bullish behaviour
- Managing demand uncertainty: Conflicting market indicators magnify volatility
- Capital project deceleration: Quality trumps quantity in the project pipeline
- Preparing for the M&A storm: Market indicators point to rising deal volumes
- Governments eye the mining prize: Resource nationalism remains
- Combatting corruption: Miners are being held to higher standards
- Climbing the social ladder: A new level of responsible behaviour
- Plugging the talent gap: Skills shortages still loom
- Playing it safe: Using analytics to generate insights and improve safety outcomes
- At the IT edge: Getting the most out of emerging – and existing – technologies
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