Posted by: APO | 7 June 2017

Mining industry needs to Stop. Think … Act: PwC Mine 2017 report

– Profitability restored – aggregate net profit of $20 billion – Balance sheets bolstered with increased debt repayments – Market capitalisation of the Top 40 increased by 45 percent to $714 billion – But, capex down 41 per cent to a record low of $50 billion, and exploration budgets reduced to a mere $7.2 billion According to PwC’s Mine 2017 report ([www.PwC.com](http://www.pwc.com/)), the world’s… Read more on https://pricewaterhousecoopers-pwc.africa-newsroom.com/press/mining-industry-needs-to-stop-think–act-pwc-mine-2017-report?lang=en


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