Willis Towers Watson Mining Risk Review: Six Key Messages for the Mining Industry Today
Welcome to the 2018 edition of our Mining Risk Review.
The mining industry has undergone mixed fortunes during the 12 months since our last edition, and while there had been some encouraging signs that commodity prices were on the rise in the early part of the year, things certainly look a bit bleaker during the final quarter of 2018. Falls in key commodity prices such as copper have recently disappointed investors; the US dollar has been strengthening significantly in recent months; concerns are mounting in respect of inflation and higher raw material costs; and the industry continues to face hostility from environmentalists and different communities around the world. So while capital expenditure in the industry is on the rise, there’s no doubt that managing mining industry risk remains as challenging as ever.
So what is our message to the industry, as it battles against the impact of public opinion, natural catastrophes and the unknowns of new technology and rising geopolitical tensions?
Find our six key messages in the PDF attachment below.