The mining value chain: A hidden gem | McKinsey

The mining value chain— which includes everything from extracting raw material to delivering products to customers—is the backbone of the industry. Companies that manage their value chain well can establish a significant source of competitive advantage and value creation. By contrast, those that neglect their value chain are likely …

The top risks facing the South African mining industry

Identification of risks and the management thereof is an important role of management in a company. On a yearly basis listed companies use their integrated report to communicate to stakeholders the risks they have identified to the business and the management thereof.. According to to industry-focused assurance, advisory and tax …

Chapter 4 Flashcards | Quizlet

What general business risks would an entity face if it operated in the coal mining industry? General Risks: - Coal prices are subject to change and a substantial or extended decline in prices could materially and adversely affect our …

Key Challenges Facing the Gold Mining Industry …

Mining is, by its very nature, a challenging business. Mines are large, complex and risk-laden industrial enterprises run by people who have to manage them through commodity price cycles, find replacements for …

Risks and opportunities for mining

Top 10 business risks and opportunities for mining and metals in 2023. Executive Summary. Paul Mitchell. EY Global Mining & Metals Leader. Boom, bust, …

Top 10 business risks facing mining and metals

The themes of license to operate and disruption run through this year's risks as mining and metals companies have to deal with many new and variable factors, including societal expectations, digital. transformation, and unique challenges to portfolio and capital investment decisions. What can organizations do to protect themselves …

Top 10 business risks and opportunities for mining and …

Which are the ESG factors facing the most scrutiny from investors in 2024?* * Respondents could choose more than one option Source: EY mining & metals Business risks and opportunities survey data 2024. Water stewardship 51% Attaining net-zero emissions 46% Diversity, equity and inclusion 31% Climatic events 27% Ethical …

Key risks and opportunities in the minerals industry

By Charles Young, head of Mining, and Wandisile Mandlana, partner, Bowmans South Africa Like other economic sectors, the South African mining industry continues to face many headwinds, but it ...

Top 10 business risks and opportunities for mining and …

Source: Top 10 business risks and opportunities in mining and metals for 2022 survey respondents. Which are the top environmental and social issues on which the mining and metals sector will face the most scrutiny from investors? 6.52 5.08 3.28 3.15 6.26 Local community impact Water management Green production Diversity Biodiversity

Business risks facing the Issues Monitor Mining …

KPMG surveyed mining industry executives at our Annual Mining Executive Forum and asked them to prioritize the three biggest risks they would be facing in 2012: Based on the responses this year, the five risks most often identified by industry executives are: Business Risk % who ranked it as a major risk for 2012 Cost escalation 55

Risks and opportunities for Canadian miners

KPMG's 2021 global mining risk survey. Canadian-headquartered mining companies were 39% of the 228 survey respondents Canada is a significant player in the global mining industry, home to some of the world's largest metal and mineral companies and projects, and a key producer of commodities important to the Canadian and global economy.

Risks and Opportunities for Mining

Commodity price risk remains the top risk the industry faces, while the new addition of global pandemic risk at number two is unsurprising. Economic downturn and uncertainty …

Innovation in the Mining Industry: Technological Trends …

Over the past decades, the mining industry has had to face a challenging scenario for its operation. Improving productivity to overcome natural factors such as decreasing ore grades, deeper deposits, and harder rock mass, combined with an increasing environmental and social awareness, has boost the industry to constantly …

2020 mining risk survey report

The survey shows a decrease in risks relating to community relations and a social license to operate. In South Africa, this marginal downward trend is debatable. This is due to the high unemployment rate and the focus on the requirements from Mining Charter III, including the guidelines published towards the end of 2019.

Social aspects of business risk in the mineral …

business risk of mineral exploration is not limited to geotechnical and nancial risks, as social aspects are now considered the biggest risk facing the industry. Here, we identify three social aspects of business risk that may challenge the industry: political, reputational, and local acceptability.

Mining industry balancing risk with rising demand

The Global Mining Outlook 2022 provides deep insights into the current views of 301 mining executives from around the world. The latest research is part of KPMG's Global Mining Risk series, which offers a unique perspective into the evolving risks facing global mining organizations and the mining industry.

Top 10 business risks and opportunities for mining and …

Disruption is dramatically shifting the risks and opportunities faced by the global mining and metals sector. Environment and social is now the top risk, with …

Top 10 business risks and opportunities for mining and …

Download our Top 10 business risks and opportunities for mining and metals in 2024. pdf (3 ) 4. Climate change. Climate change is a complex issue for miners: They must both provide minerals for the energy transition, while also reducing greenhouse gas (GHG) emissions.

Mining and Metals: Trends, Challenges and the Way Forward

The World Economic Forum convened a group of senior leaders from the Mining and Metals industry communities to explore the major challenges that will shape the industry's ongoing transformation. This report compiles their views, which together provide a foundation for both industry and non-industry stakeholders to understand the …

Top 10 business risks to mining in 2012

This trend is likely to continue in 2012. 2. Skills shortage – Since the mining and metals sector has fared better than other sectors, many staff temporarily working in mining and metals may ...

Business Risks That Threaten the Mining Industry

Increasing automation. Reassessing their mining methods. Updating and reconfiguring their equipment fleet. Changing their mine plans. As credit markets tighten, capital allocation and access remain a business risk to both major and junior entrants in the mining industry. While major producers are in the best position for continued …

Rebalancing Labor Relations In The Mining Industry

Labor unions today have been in decline for years, in terms of membership. Four decades ago, in 1983, labor unions represented about 20% of U.S. companies. Today, U.S. union membership has fallen ...

Risks in the mining sector: A general overview

Risk in the mining sector includes failure to meet expectations of one of these different stakeholders. It is critical to note that responses to risk differ depending on the balance between taking risks and attaining economic returns. People who engage in mining risk injury or death, and measures put in place to eliminate the risk of injury or ...

Risks and opportunities for mining and metals in 2024

Angie Beifus. Top 10 business risks and opportunities for mining and metals in 2024 (PDF) Download 3 . Top miners continue to make progress on a range of ESG, …

Top 10 business risks and opportunities for mining and …

Top 10 business risks and opportunities for mining and metals in 2022. Executive Summary. Opportunities will continue to outweigh risks in 2022, as ongoing …

Key risks to the mining & metals industry post …

Global key risks for the mining and metals industry Q3 & Q4 2020. In a context of uncertainty after an economic recession caused by the COVID-19 pandemic, several industries are expected to face ...

Mining risk: Resiliency amid volatility | Deloitte …

To help mining companies set their strategy and mitigate risk in the coming three to five years, Deloitte considered how the future might be affected by two uncertainties: (1) the severity of the pandemic, …

State of mining industry report

A COUPLE of weeks back, Zimbabwe Chamber of Mines published its state of the mining industry survey report looking at issues faced by the industry and prospects for 2022. To ensure objectivity, the Chamber states that its involvement was restricted to sponsoring and facilitating access to information to its members who form a greater part.

Corporate social responsibility, risk and development in the mining

Since the 1990s, 'strategic risk management' — taking in a wide range of risks, managing them at the highest echelons of companies — has become central to corporate governance in the mining industry (Boatright, 2011, Power, 2007). 5 Strategies for managing risk have long been at the heart of the industry as mining is a risky …

Top 10 business risks and opportunities for mining and …

Top 10 business risks and opportunities for mining and metals in 2024. At first glance, the 2024 ranking of the top business risks and opportunities in mining and metals …

Deloitte Global mining and metals report explores key …

Tel: +1 347 786 2258. Mobile: + 1 484 347 7511. lstephen@deloitte. Released today, the 16th annual edition of Deloitte Global's mining and metals report, Tracking the trends 2024, explores key trends facing mining and metals companies and how the sector is navigating a complex matrix of challenges, opportunities, expectations, …