Revenues soaring but with costs eating into margins, is this as good as it gets for many miners?

17.06.08 - 03:19 ... source : Pricewaterhousecoopers

... Print this page Download everything on this page (zip file) Mine - As good as it gets? Download file (2.4m) 17/06/2008 00:01 A report by PricewaterhouseCoopers, "˜Mine – As good as it gets?', shows that while revenues of the top 40 mining companies grew by 32% in 2007, costs increased by 38%, thereby reducing margins. The fifth annual report provides a comprehensive analysis of the financial performance and position of the global mining industry and also discusses current trends in the global mining industry. During 2007, the global mining industry did not see the effects of economic slowdown that hit other regions or sectors of the economy. With explosive growth continuing, especially in emerging economies, mining companies were struggling to keep up with demand.Findings of the analysis by PricewaterhouseCoopers include:Market capitalisation of the industry grew by 54%, with ...» Next (HTML)