Tracking the Trends 2013
Top 10 issues facing mining companies
In the face of waning Chinese demand and with cost pressures mounting, it’s 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 this fifth year of publication, Deloitte’s annual publication Tracking the Trends 2013 is the most ambitious yet. Beyond highlighting key industry indicators, this year Deloitte’s global mining professionals share a range of responses companies can adopt to prepare for shifting industry realities. We’ve also bolstered our input with some quantitative analysis to help frame key issues and impart greater context. We think this provides an excellent foundation to spark debate.
The top 10 issues mining companies are likely to face in the next year are:
- Higher costs
- Demand uncertainty
- Capital project deceleration
- Increased M&A volumes
- Resource nationalism
- Combating corruption
- Responsible behavior
- Skills shortages
- Analytics to improve safety outcomes
- Getting the most out of emerging and existing technologies