Dec 09, 2016
From the KPMG Institutes
Making the best of a challenging environment
If the mood of metals executives is any indication of the state of the metals and mining industries, things may continue to be gloomy for some time. Yet while confidence in the global economy is low, our survey suggests that most metals and mining organizations believe they can survive — maybe even grow — in the medium term.
This report is based on a survey of 62 senior metals sector executives conducted in early 2016 by Forbes Insights. Thirty-seven percent of respondents are based in the Americas and an equal number are based in Asia with the remainder located in Europe and the Middle East. Forty percent of our respondents represent companies with annual global revenues of more than US$5 billion and 5 percent represent organizations with revenues of more than US$25 billion.
To support the survey data, KPMG International conducted a series of interviews with KPMG’s leading mining professionals around the world who provide their experience, insights and forecasts for key mining segments to deliver an unprecedented view of the challenges and opportunities faced by today’s metal and mining organizations.