Canadian mining going through dramatic change but industry remains bullish on growth
Every year, KPMG in Canada has asked mining executives about the state of their industry, key trends, and their expectations for their organizations. In comparing results year over year, we see a measure of continuity in the top risks, but also several key changes with access to talent moving into the top 10 ranking and the ability to manage an evolving workforce reported as the number one capability needed by mining companies.
Canadian stock exchanges are the global leader in mining financings1 and Canada continues to be a global hub for mining finance so it’s no surprise that macro-economic risks rank high, as companies navigate a volatile market.
And while recent M&A transactions have raised concerns about the future of Canada’s mining sector, domestic firms remain optimistic about growth opportunities. Canadian companies are looking to be buyers and increasingly investing in technology and innovation to reshape industry.
This year, we expanded the survey to capture key global market trends, backed by responses from over 130 executives and industry highlights from Canada, Australia, Brazil and South Africa.
Download the report to read mining executives thoughts on growth, managing risk and opportunities to create new value.
Watch Heather’s video in our Accelerate series: Risk Belongs on Every Agenda