Tracking the Trends in Mining 2013

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Posted: 02/19/2013

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 higheryields. The push to produce safely at all costs has become a reality, against a backdrop of spiralling costs for raw materials, labour, capital projects and compliance. At the same time, macro-economic issues continue to take their toll. While the U.S. has been recovering slowly, Europe’s sovereign debt crisis persists. Despite ongoing commodity price volatility, governments around the world are taking larger shares of mining profits. Local communities, too, are demanding greater concessions.

In this fifth year of publication, our 2013 edition of Tracking the trends is our 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.

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By:
Posted: 02/19/2013