The annual survey of the mining industry brings to your attention the functioning of the world’s Top miners. The research covers financial results of the mining sector, including market capitalisation, manufactured capital aimed at reducing expenses, social and relations development.
For the World’s Top 40 miners, 2017 was a remarkable year. Revenues rose dramatically by 23 per cent. The cost saving strategies of the past few years delivered with margins and cash-generating ability improved as well. Perhaps the most significant risk currently facing the world’s top miners is the temptation to acquire mineral-producing assets at any price in order to meet rising demand. Miners may also find themselves tempted to give in to stakeholder demands for a share of the success. As they view a positive development of the sector, shareholders, governments, workers, managements will all be ramping up their asks – for higher dividends, higher taxes and higher wages.