Recent years have proven much more profitable for the mining industry. High commodity prices continue to drive improved results across a range of key performance indicators for the industry. Improvements in profitability mask substantial increases in operating costs, which have occurred due to supply side constraints. Operating expenses have continued their increase, as has exploration expenditures. However, profit margins are expected to remain high for the near future, driven by exceptional demand sustaining the current commodity price levels. Indeed, we live in interesting times. Unprecedented demand, primarily driven by Asia, continues. New supply is coming on stream for many commodities, but is struggling to catch demand, partially as a result of under investment in the 1990s. Challenges ahead include improving mining safety, managing the complexities of environmental and regulatory requirements, and improving financial performance through improved processes and cost controls. Mining companies around the world are responding to these challenges through innovative strategies - seeking new capital resources, technological improvements, and consolidation.
Recent postings
Junior mine* 2008 review of the trends of the AIM mining industry
This, the third annual report from PricewaterhouseCoopers on the UK listed junior mining industry, provides an insight into the aggregated performance of the junior mining industry, as represented by 50 of the largest mining companies on the Alternative Investment Market (“AIM”).
Junior Mine* 2007 Review of trends in the TSX-V mining industry
This examines the top 100 mining companies on the TSX Venture Exchange (TSX-V) based on market capitalization as of June 30, 2007 and compares the information with our 2006 report.
Aussie mine* 2008 – Reaping the rewards Review of trends in the Australian mid-tier mining industryThis report provides an overview of the fi nancial performance of the mid-tier
mining sector and explores industry issues such as climate change and exploration.
It is evident that 2007 was a year that the mid-tier Australian mining sector was
reaping the rewards.
2007 Global gold price survey results This year's survey covers 25 gold mining and development companies. These companies have reported expected production of 30.9 million ounces in 2007.
Other recent postings:
