Global miners to invest for growth, transformation amid financial pressure – PwC

The financial performance of the world’s Top 40 mining companies is under pressure owing to lower commodity prices and rising costs, which has resulted in revenues falling by more than 7% despite increases in the production of key commodities, management consultancy PwC stated in its ‘Global Mine’ report for 2024. The latest iteration of the report indicates a continuation of these trends moving forward, marking the first time since 2016 that industry revenues will fall for a second consecutive year.