Tuesday 20 January 2015

Otmane El Rhazi : Back to basics key message in Deloitte trend forecast

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



While the outlook of the global mining sector for the year ahead looks bleak, with mining companies having to contend with price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of access to financing, advisory firm Deloitte believes all is not lost. In its ‘Tracking the Trends 2015: The top 10 issues mining companies will face this year’ report, the company noted that miners had not seen many positive indicators in recent years, with productivity issues facing South African miners, uncertain growth prospects for countries such as China and India and weak prospects for many commodities, particularly iron-ore and coal.

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