Cash optimization emerges as top business risk in mining and metals, as companies plan for longer-term profitability amid market volatility. We explore the top 10.
Business risks facing mining and metals 2016-2017
Navigating volatility in mining and metals: Cost reduction
M&A and capital raising in mining & metals: 2Q 2016
Navigating volatility in mining and metals
Mining and Metals Quarterly Briefing: June 2016
M&A and capital raising in mining & metals: 1Q 2016
M&A and capital raising in mining & metals
Mining Eye Q4 2015
Make working capital work for you
Mining & Metals
Mining and metals
With a strong but volatile outlook for the sector, the global 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 team of professionals to develop practical alternatives, provide tailored solutions to the issues you face and help you achieve your potential. Our international team of over 2,000 mining and metals specialists offers industry insight and support in more than 144 countries.
- Business risks facing the mining and metals sector
Mining and metals businesses face risks that are becoming more extreme and more complex, with resource nationalism, skills shortage and infrastructure as the top three, and sharing the benefits as the newcomer.
While the demand outlook remains strong, the price peaks have passed so there is a much greater imperative for mining and metals companies to remain nimble and sure-footed in how they manage these fast-changing risks.
- Major trends in transactions and financing
Balance sheets are strong overall, with many companies facing the dilemma of how best to utilize their capital – buy, build or return?
We can help you to make better and more informed decisions about how to strategically manage your capital and transactions.
- M&A, capital raising in the mining and metals sector, 1H 2012
- M&A, capital raising in the mining and metals sector, 9M 2012 (900 KB)
- M&A, capital raising in the mining and metals sector, 1Q 2012 (175 KB)
- Global mining and metals transactions - 2011 trends, 2012 outlook
- Beyond Asia: Global Mining & Metals (850 KB)
- M&A and capital raising - 1Q 2012
- Mining Eye
- Competing for growth in the steel sector
Growth in steelmaking capacity still exceeds demand, with significant over-capacity putting pressure on operators’ profitability.
Significant challenges in today’s global steel sector include:
- a shift to emerging markets
- rowth in market volatility and margin pressure
- lack of operational agility
- a need for business models to evolve
We work with steelmakers to tackle the significant challenges facing this sector and examine how our clients can best compete for growth.
- Resource nationalism
Resource nationalism is one of top risks facing mining and metals companies in recent years and the issue seems to be picking up pace as governments aim 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 in-country beneficiation, additional export levies and limits on foreign ownership.
We closely follow developments in resource nationalism, analyzing how they affect our mining and metals clients and what they can do to counter the risk.
- Resource nationalism quarterly (250 KB)
- Unique issues faced by mining and metals companies applying IFRS
The «Refining IFRS» series aims to examine the complex, but unique, issues faced by mining and metals companies applying IFRS.
These publications focus on recent and current developments in the global mining and metals marketplace.
You may also benefit from our Good Mining Guide, an illustrative set of consolidated financial statements prepared in accordance with International Financial Reporting Standards (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.
- Good Mining Guide - model financial statements 2011 (1MB)
- IFRS updates - refining and applying IFRS series