Browsing: Mining Finance

The global mining industry for the last 6 years enjoyed rising commodity prices.

Record cash flows have provided mining houses with the ability to grow and invigorate their expansion strategies which in the future could include organic growth with a specific focus on sustainable processes. The mining industry is enjoying a commodity supercycle presently that is reminiscent of the period from 2009 to 2011. Increased commodity prices were the same reason for the supercycle then as they are now.

The global mining industry is central to the economic activities of countries in Sub-Saharan, central and southern Africa. This is why Africa and its countries are critical stakeholders in the global mining industry.

According to research by McKinsey & Company titled: “How to navigate mining’s cash flow conundrum,” a subsequent flurry of mergers and acquisitions activity and project investment resulted in capital expenditure “blow-outs”, bloated cost structures and asset write-downs.…