The global demand for metals and other basic resources continues to increase steadily despite the recent downturn in the world economy. Factors driving demand include population growth and rising living standards and expectations, particularly in underdeveloped and quickly developing countries.
But while the broad macroeconomic outlook is bright for the mining industry and its leaders, the demand outlook also presents a mixed blessing for the industry. Companies, in their drive to create value, are being forced to search for new resources in more difficult environments where they are presented with a host of sociopolitical, environmental and regulatory issues and challenges that many have not encountered before.
This whitepaper is based upon a series of interviews conducted by Korn/Ferry with mining CEOs, board directors and senior executives in operations and human resources, focusing on their most pressing issues – both now and into the future. These discussions offer insights into how companies can be proactive in addressing the variety of challenges facing the mining industry.