A turnaround story for the Canadian Mining Eye in Q1 2016. Featuring a Q&A with Randall Oliphant, Executive Chairman of New Gold and Chairman of the World Gold Council.
Canadian Mining Eye – Q1 2016
M&A and capital raising in mining & metals
Mining and Metals Quarterly Briefing – March 2016
M&A and capital raising in mining & metals: 1Q 2016
Mining Eye Q4 2015
Make working capital work for you
Canadian Mining Eye – Q4 2015
Debt in the mining sector
Canadian Mining Eye – Q3 2015
Mining & Metals
Mining the opportunities
With a strong but volatile outlook for the sector, the Canadian mining and metals industry is focused on future growth through expanded production, without losing sight of operational efficiency and cost optimization. The sector is also faced with the increased challenges of changing expectations in the maintenance of its social license to operate, skills shortages, effectively executing capital projects and meeting government revenue expectations.
EY’s Global Mining & Metals Center brings together a worldwide team of professionals dedicated to offering industry insight. Our network of more than 2,000 mining and metals professionals in 144 countries help develop practical alternatives and provide tailored approaches to the issues you face.
Key issues in today’s mining and metals environment include:
- Business risks
Mining and metals businesses face risks that are becoming more extreme and more complex, with productivity improvement, access to capital and efforts to emerge from the downturn as the top three. These are on top of ongoing concerns like resource nationalism, cybersecurity and innovation.
While the demand outlook remains strong, the price peaks have passed. So there is a much greater imperative for companies to remain nimble and sure-footed in how they manage these fast-changing risks.
- Major trends in transactions and financing
Balance sheets are stronger, with many companies faced with the challenging but positive decision of how best to use their capital — the dilemma of buy, build or return is back on many boardroom tables.
We can help you make better and more informed decisions about how to strategically manage capital and implement transactions in the ever-changing mining and metals sector.
- Resource nationalism
Resource nationalism has remained one of the top risks facing mining and metals companies for the past five years. It seems to be picking up pace as governments seek to transfer even more value from the mining and metals sector.
Many governments around the world have now gone beyond taxation in seeking a greater take from the sector, with a wave of requirements introduced such as mandated beneficiation, export levies and limits on foreign ownership.
We closely follow resource nationalism, how it affects our clients and steps mining and metals companies can take to respond to this risk.
- Unique issues applying IFRS
Mining and metals companies that apply International Financial Reporting Standards face issues that are unique to this sector. In EY’s Refining IFRS series, we examine these complex issues in the context of recent and current developments in the global mining and metals marketplace.
EY’s Good Mining Guide is an illustrative set of consolidated financial statements, prepared in accordance with IFRS, for Good Mining (International) Limited (Good Mining), a fictitious group of mining companies. Good Mining specifically focuses on IFRS issues and the relevant disclosures as they relate to the mining and metals sector.
- The new revenue recognition standard – mining & metals, June 2015
- Good Mining Guide – model financial statements, December 2015
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