Shaping the mine of the future

Mining companies need to adjust to new challenges today to be successful tomorrow

As the industry continues to suffer from low commodity prices and an unstable global market, mining companies are being forced to look for innovative ways to transform the way they do business and survive the extended economic downturn. 

This global transformation has redefined the way mining operates; and to respond to such unprecedented changes, companies need to understand the challenges the industry is currently facing and build strategies focused on overcoming these challenges. 

When looking for solutions to counter the severe downturn, mining companies should not only centre their attention on the economic new norm of low prices, but also begin to develop innovative strategies across technology, community engagement, talent and diversity, partnerships and collaboration. 

By executing a plan that empowers these functions to shape their business model and solve the new challenges in the industry, mining companies will be able to emerge from the downturn, ready to build a mine for the future.

PwC’s 14th annual review of global trends in the mining industry – Mine. This analysis is based on the financial performance and position of the global mining industry as represented by the Top 40 mining companies by market capitalisation. You can view our 2017 report outlining the financial performance of the Top 40 global mining companies by market capitalization here.

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Unconventional strategies to disrupt the downturn Junior mine 2015, looks at the challenges facing junior miners and the unconventional strategies that deserve serious consideration. We share insights from junior mining leaders whose determination and willingness to embrace new thinking is creating future value.

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How is the mining community helping to build the societies of tomorrow? The art of mining is a photography competition that aims to highlight the positive impact the Canadian mining community is delivering across the world.

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Meet the team

Liam Fitzgerald

CA, LLB, Partner, Competency, Innovation & Legal Tax Leader, Toronto, PwC Canada

+1 416 869 2601

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Nochane Rousseau

Managing Partner, Greater Montréal, Montreal, PwC Canada

+1 514 205 5199 

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Stephen Mullowney

CA, CFA Partner, Corporate Finance, Mining, Toronto, PwC Canada

+1 416 687 8511

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Mark Platt

CA Partner, Assurance, Vancouver, PwC Canada

+1 604 806 7093

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Dean Braunsteiner

CPA, CA National Mining Leader, Toronto, PwC Canada

+1 416 869 8713

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