Mining Industry CVs in Kenya
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With the strength and resources to go: 17th edition of PwC's Annual Global Mining Trends Report
The 40 largest mining companies are quite successfully overcoming the difficulties that have befallen them in connection with the COVID-19 pandemic - they certainly coped with the situation better than many other sectors of the economy.
The ability of Top 40 companies to meet future resource requirements is still of great importance in the current environment - for many countries in the near future the mining industry will be especially important as the basis for economic recovery from the crisis.
Mining companies have demonstrated resilience to a global shock event. Their strong financial position, coupled with good risk management, has allowed them to stay afloat - and the results of FY2020 are likely to be negatively impacted by volatility in demand.
The main trends of the current year that have an impact on the min Mining Industry CVs in Kenya ing industry
The COVID-19 pandemic - an event with no precedent in the foreseeable past - casts doubt on several established truths about mining.
Many mining companies, some of them for the first time, are experiencing the negative effects of the globalization of supply chains, beyond lean and specialization.
The pandemic unveils the resilience of the industry
and the role that mining companies play in supporting local communities and the economy as a whole. Although it is still a long way from the crisis, mining companies are already analyzing the lessons they have learned from the situation.
“The mining industry is, to some extent, well positioned in the context of the impact of COVID-19 on the global economy and production. Mining companies are financially strong and most of them continue to operate, albeit with increased levels of precaution and preventive control. However, the long-term consequences of the pandemic are still unknown. The top 40 mining companies must take advantage of the current financial stability to rethink their strategy. This will increase the stability of the business in the future. "
Mikhail Buchnev, Partner, Head of Mining and Metals Services Practice, PwC Russia
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Mining Industry Survey 2020
The report has been prepared on the basis of information on the operations of companies in Russia published on the official websites of the companies, including the companies' annual reports for 2018, ...
https://jiji.co.ke/mining-industry-cvs
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