Tag: forecast

Deloitte Unveils Trends Shaping Australia’s Mining Future

Deloitte Unveils Trends Shaping Australia’s Mining Future

The global and local drive towards a low carbon future and mining’s evolving world of work are among the top trends ahead for Australian miners in 2022, Deloitte’s Tracking the Trends report reveals. The 14th annual edition of the report explores the key trends facing mining companies as innovation accelerates driven by the need to meet decarbonisation, environmental, societal, and governance (ESG) goals. Deloitte Australia Mining & Metals Leader Steven Walsh said the sector was facing one of the most transformative times in its history. “The level of change and innovation we are seeing across the mining industry is accelerating. This change is being pushed by the demands and expectations of stakeholders across environment, society and governance, and is being...

Resource sector poised to bounce back

Resource sector poised to bounce back

AUSTRALIA’S resources and energy exports are expected to reach $299b in 2019–20, before easing back in subsequent years as some of the surprising price gains of recent quarters unwind. However, the possibility remains for new records to be set if prices continue to surprise on the upside. The recent Resources and Energy Quarterly, which published an extended five-year commodity outlook, indicated a bigger picture outlook showing vast potential and a host of new opportunities as development progresses over the longer term in Asia, Africa and South America. It said Australia’s prospects as a resource and energy commodity exporter continue to remain strong, with the country tipped to become the world’s biggest producer of gold. The forecast looked beyond immediate issues...