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key success factors in the mining industry

 — 1. Transition to a low-carbon economy. Demand for most minerals is projected to be high in order to achieve the energy transition. While fossil fuels have helped to improve living standards around the world since the 18th century, their associated greenhouse gas emissions have led to global warming.

 — Five key areas of focus for mining leaders. To improve value, boards and top management will need to think holistically. Our analysis reveals that miners can increase absolute EBITDA performance (not simply profitability) by 10 to 20 percent via holistic growth and performance improvement. A priority for CEOs and top executives will be to ...

 — We see a number of factors that will drive success: Is technology seen as an end in itself, or is this effort firmly grounded in value creation? Miners must resist the temptation to pursue intelligence at the expense of value.

 — According to Deloitte six key factors set any mining project or operation up for a successful outcome. These are: A good mineral deposit; The deposit is located in an economic region with good governance and consistent application of civil and tax law;

 — Collaborating with industry peers, suppliers, and competitors can help companies better tackle these pressing matters. And with strong business strategies in place and 2050 sustainability targets as the North Star, now is the time for the mining and metals industry to accelerate growth.

 — This article explores how adopting a culture of operational excellence could be the key to continuous and lasting improvement in the mining industry, and the steps mining companies can take to achieve a world-class culture of operational excellence.

The global upheaval brought in 2020 has tested mining companies and while there remain significant challenges ahead the landscape presents abundant opportunities as well. For more information about this survey and risk management for today's global mining industry, contact your KPMG representative.

Mining Industry - Key Success Factors. BUSINESS RISK ASSESSMENT. Cost position. The analysis covers the assessment of the company's cost position advantages, which are measured by, among others, COGS/ton and Gross Profit Margin (GPM).

 — Unpacking the forces influencing the future of the mining industry can help make sense of complexity, better situate how risks manifest themselves, and improve our understanding of how to navigate them.

 — The report takes a look at what the mining sector is doing right and what needs to improve in addition to offering best-practice examples. "Right now there is a convergence of factors that the mining sector has to face head on if they want to build competitive advantage," says Andrew Swart, Deloitte Global Mining & Metals sector …

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