The mining sector is enjoying a period of spectacular results. Buoyant market conditions, coupled with the scarcity of good quality projects in “safe” areas, are leading to exploration and development efforts in jurisdictions that have until recently been considered marginal. Takeover activity has picked up from its already rapid pace, including a number of mega-deals Improvements in profitability mask substantial increases in operating costs, which have occurred due to supply side constraints, such as shortages of skilled labour and input materials. When you add to these business issues the constantly shifting tax regimes mining companies face and new initiatives in the environmental, health and safety areas, it is clear that there is a multitude of challenges for mining companies large and small.
PwC is the world’s leading adviser to the mining industry, working with exploration, production and service companies to provide business solutions tailored to the mining sector. This publication discusses the key challenges mining companies face today and how PwC is helping them identify and implement solutions.
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Download Statement of global mining capabilities 2007 (581kb)