Mining

Mining companies in the past have been profiting from rising commodity prices. The economic downturn has brought a sharp drop in market capitalisation of a majority of the large mining companies and has forced the whole sector to radical cost-cutting. Current market conditions will test the companies’ ability to respond quickly to their costs, debt levels and investment efficiency. The sector as a whole has a good outlook and the current situation offers opportunities for new acquisitions and company consolidation.

Industry Issues

• Permanent sustainability of energy sources
• Compliance with legislative and reporting requirements of regulatory authorities
• Supply security, price increases for utilities and services in the energy sector
• Climate change and environmental protection
• EU Emissions Trading Scheme
• Research and application of new technologies
• Cost control
• Investment efficiency
• Resource structure
• Introduction of excise taxes on utilities

Industry-specific services

• Enhancing the outcome and effectiveness of processes
• Transactions and consolidations
• Managing financial risks
• Recruiting and retaining qualified staff
• Integrating steps for environmental protection and decelerating climate change into the overall business strategy
• Preparing and implementing a carbon emissions trading strategy
• Supply chain management
• Tax compliance reviews
• Regulation and legal compliance
• Auditing financial statements prepared under Czech accounting
• Quality & reliability of non-financial data
• Emission permits valuation and handling
• Support in raising EU and other public funds