According to Deloitte’s global consulting mining and metals leader Andrew Swart, the mining industry is going through a lot of changes. “The mining industry is changing faster than ever, resulting in greater growth potential as well as more disruption and volatility than in years past,” he said in a recent interview this year.
SINGAPORE (Dec 20): With numerous industries around the world depending on the supply of minerals and metals, miners are pivotal to the global economy. Yet, miners seem to have encountered a tough year, grappling with issues such as geopolitical uncertainties and a slowing global economy.
According to KPMG’s 2019 outlook, macro financial risks pose the biggest risk to the mining industry. Other factors include access to capital, an economic downturn and political instability.
