Services

Mining & Metals

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Deloitte mining and metals professionals offer you the integrity, innovation, and insight to help you meet the most complex challenges. Through audit & assurance, tax, risk and financial advisory, and consulting our Deloitte mining and metals team provides comprehensive services and solutions to help move your business forward.

Tracking the trends 2018

Changing for the better
The 2018 edition of Tracking the trends will mark the tenth year of release. Deloitte examines the top 10 trends that should be on mining companies’ agenda in 2018.

Over the past decade, commodity prices reached both historic highs and historic lows, mining companies engaged in both significant acquisitions and consolidation, and operational realities shifted irrevocably in the face of a digital revolution. For an industry considered staid, change has been surprisingly constant. However, unlike previous cycles, mining companies appear to have learned from the lessons of the past. In paving new paths for the future, the aim now is to change for the better.

In this tenth anniversary report, Deloitte’s global mining professionals once again share their experiences to help identify strategies mining companies can take to smooth out the recovery and minimize the industry’s historical boom and bust cycle. This year, our professionals also share their “best guess outlook” for the future by identifying potential industry disruptors on the horizon.

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The top 10 issues mining companies will face this year

Executive summary 2017

Philosopher Friedrich Nietzche—admittedly not the cheeriest of men—was once quoted as saying “There are no facts, only interpretations.” The observation is surprisingly salient for today’s mining executives, whose perceptions of the market are strongly influenced by their particular operational realities.

Companies that mine iron ore or thermal coal, for instance, have an entirely different outlook than those heavily weighted in precious metals. Diversified miners face different challenges than companies with a niche commodity focus. Major producers are planning for a very different future than the one that appears on the horizon of most junior explorers.

These divergent views of the industry’s prospects emphasize a widening gulf in the sector. It seems no longer possible, if it ever was, to discuss the mining industry as a cohesive whole. This largely explains why so many companies are adopting such different strategic responses. Yet, although their approaches to the future will differ, all miners should be asking one common question: going forward, where should we play and how can we win?

The 2017 edition of Tracking the trends explores the top 10 issues mining companies may face. Once again, Deloitte’s global mining professionals share their experiences to help pinpoint strategies companies can take to succeed in today’s ever-changing market environment. This year, we also included a range of case studies to showcase how some companies are bringing new solutions to life.

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Learn more about mining trends

Audit & Assurance

Deloitte provides mining and metals companies with audits and reviews of financial statements and reporting on internal controls, in accordance with applicable professional standards. We bring audit teams with deep understanding of the accounting and auditing issues for the mining and metals industry.

 

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Tax

Deloitte’s Tax practice is a leading tax advisor in the US and internationally. Our tax professionals include field-experienced industry practitioners, who are devoted to mining and metals, and a deep bench of technical specialists across tax disciplines and jurisdictions. We can address your need for specialized tax knowledge and supplement your tax organization, while understanding the details important to mining and metals companies. We can help you explore ways to reduce your tax exposure, by helping you understand and manage critical tax issues and help design and implement solutions that maximize your investment in people, process, data, and technology to optimize reporting responsibilities and minimize risk. The dramatic changes occurring in the tax arena require companies to do more proactive planning to help maintain a competitive advantage.

 

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Risk and Financial Advisory

Our Risk and Financial Advisory services professionals help mining and metals organizations effectively navigate business risks and opportunities—from strategic, reputation, and financial risks to operational, cyber, and regulatory risks—to gain competitive advantage. We apply our experience in ongoing business operations and corporate lifecycle events to help mining and metals companies become stronger and more resilient. Our market-leading teams help clients embrace complexity to accelerate performance, disrupt through innovation, and lead in their industries.


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Consulting

As the world’s largest management consulting firm, Deloitte's Consulting practice helps organizations build value by providing insights that create new futures and the hard work to improve performance. We help mining and metals companies tackle complex challenges, in the face of unprecedented change in the industry. Delivering this kind of value requires a broad range of talent and capabilities, in areas such as human capital, strategy and operations, and information technology services. We specialize in customized engagements that meet the very specific needs of our clients.

 

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