Tracking the Trends 2014: Top ten issues in mining
Predictions and outlook for miners in the coming year
Mining companies will continue to face challenging market conditions in 2014 including rising costs, falling commodity prices, supply/demand imbalances, and decreased productivity levels. However, companies that embrace new forms of innovation can lay the foundation for long-term business growth and be best positioned for future success.
Deloitte’s global network of mining professionals has identified 10 of the main challenges likely to confront the sector during 2014 in our sixth annual report Tracking the Trends 2014. The report considers these issues and offers solutions that mining companies could adopt in response.
- The cost of contraction: mining productivity hits new lows
- Matching supply to demand: market imbalances wreak commodity price havoc
- The remaking of mining: exploring the innovation imperative
- Finding funding: debt up, deals down, and juniors fight for survival
- The project pipeline stutters: record impairments call capital allocation practices into question
- Power to the people: local community demands ramp up
- Resource nationalism spreads: government relations marked by rising hostility
- Crackdown on corruption: a zero tolerance regulatory environment complicates compliance
- Changing the safety equation: from zero harm to zero fatalities
- A dearth of skills: the talent gap slinks into executive suites