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Tracking the Trends 2019 – The Top 10 Issues Transforming the Future of Mining

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Tracking the Trends 2019 – The Top 10 Issues Transforming the Future of Mining

6th February 2019

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The mining industry appears poised for greater growth than it’s seen in a decade, but today’s market realities are very different than those of the past.
 
Mining companies now need to determine how to operate in a market characterised by constant disruption, volatility, rising stakeholder demands, a widening talent gap, dwindling access to key inputs such as energy and water, and a Chinese economy growing at under seven percent.
 
In this new world order, miners must go beyond communicating the value that they currently bring to communities and will need to articulate what they stand for by developing differentiated business models designed to drive long-term value.
 
Solving this value conundrum mandates them to re-envision their corporate strategy, strengthen their
risk management, and find better ways to engage with stakeholders, push the boundaries on their digital transformation, attract truly diverse workforces, and avoid the capital project mistakes of the past.
 
It also requires them to make technology a strategic priority by acknowledging its role as an enabler across every facet of their business.
 
In this 11th annual report Deloitte’s global mining professionals once again draw on their knowledge and experience to provide mining companies with insights they can leverage in their ongoing pursuit of productivity, capital discipline, strategy development, and sustainable growth.
 
In addition to sharing real-world case studies and best practice examples, our professionals identify potential industry disruptors that may be coming “from left field”.

Report by Deloitte

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