Nigerian Mining – Progress, but still a long way to go

Image of a mining truck
  • Publication
  • July 25, 2023

Mining companies with higher ESG ratings outperformed the broader market during the peak of the COVID-19 crisis, delivering 34% average total shareholder return over the past three years — ten percentage points higher than the general market index

ESG and the impact on the mining industry

ESG continues to be crucial for the mining industry. ESG will provide a working roadmap for building trust and sustainable growth at a time when the ecosystem needs to prove it understands just how quickly the world is changing.

The mining industry will need to show commitment to addressing ESG issues, in addition to understanding the dangers and opportunities these present. As a result, miners can offer long-term benefits to governments, shareholders, workers, and the communities where they operate. 

Contact us

Cyril Azobu

Cyril Azobu

Partner & Mining Leader, PwC Nigeria

Tel: +234 1 271 1700

Habeeb Jaiyeola

Habeeb Jaiyeola

Partner & Leader Forensics Services, PwC Nigeria

Tel: +234 1 271 1700

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