Australia’s coal industry could lose $US25 billion ($32 billion) per year if coal mines become stranded assets in response decarbonisation targets, researchers from Imperial College Londo, Queen Mary University of London and Deloitte have found.
For its 10th staging, AusIMM’s Open Pit Operators Conference will return in July 2021, unveiling the latest open pit mining advancements in both physical and digital formats.
Deloitte’s top 10 trends for 2021 have highlighted the mining sector’s commitment to continual improvement and in laying a foundation for tomorrow. Decarbonisation and zero harm are two of this year’s discussion points in the annual Tracking the Trends report.
The COVID-19 pandemic has disrupted mining by pushing the industry further in the path of digital and cultural development. Vanessa Zhou speaks with Deloitte Australia partner, consulting, Paul Klein about the prevailing shift.
Mining is anticipated to be the second hardest hit industry by climate change in Australia should there be an inaction in mitigating it, according to Deloitte.
Graduate development programs provide a pathway to jobs in the mining sector. What more needs to be done to attract the next generation to choose a career in mining? Tara Hamid writes.
Australia’s minerals sector has paid $39.3 billion in company taxes and royalties in the 2018-19 financial year, a record high for the sector.
Mining magnate Andrew Forrest has reportedly joined 20 other bidders to save Virgin Australia, which was recently sent into voluntary administration with almost $7 billion owed.
Deloitte has tipped big miners to be “in much better financial shape compared to the global financial crisis (GFC) in 2008 and the last commodity market downturn in 2015” after the coronavirus pandemic subsides.
Rio Tinto intends to invest $1 billion over the next five years to meet its new climate change targets, but chief executive JS Jacques has stated, “There is no clear pathway right now for the world to get net zero emissions by 2050.”
Deloitte’s 12th edition of the Tracking the Trends report explores trends for mining companies in their ongoing pursuit of productivity, financial discipline, operational excellence and sustainable growth.
For many years mining companies have been urged to improve how they collaborate in the industry and their supply chain through joint ventures and partnerships.
Deloitte has acquired Global Integrated Operations, a remote operations specialist in the mining and energy industries, to deepen its operations transformation offering.
Stay on top of the most popular stories on Australian Mining over the past week, including a review of the fall in iron ore prices since July.
Deloitte has identified the rise and fall of iron ore, the impact of the United States-China trade disputes and gold’s record run as the three key trends affecting the commodity market.
Mining companies are taking a different approach with the latest wave of capital projects that aims to avoid the mistakes made during the boom.
Deloitte has highlighted the challenges of changing the image of mining along with practical actions to reset the Australian public’s perception of the industry in a new report.
Fortescue Metals Group, Mount Gibson Iron and Silver Lake Resources are the three companies to experience the largest market capitalisation growth in the 2019 financial year, according to the Deloitte Western Australian Index.
How have mining companies improved their approach to securing the social licence to operate over the long term?
Technology is changing how mining companies can manage risk. But is the industry tech-ready to prepare for the diverse risks it now faces?