Revenues soaring but with costs eating into margins, is this as good as it gets for many miners?
A report by PricewaterhouseCoopers (PwC), 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. (more…)
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