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Cost deflation in the mining industry: how much and how far?

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Report summary

The global mining industry is back firmly focussed on controlling and reducing costs. Miners are ignoring factors outside of their immediate control, such as currency impacts, global oil prices and government fiscal policies, and are trying to protect margins by carrying out a range of operational cost cutting strategies. This is particularly noticeable in industries heavily hit by sharp price falls like copper, gold, iron ore and coal.

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    Cost deflation in the mining industry: how much and how far?

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This report includes 3 images and tables including:

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  • Cost deflation in the mining industry: how much and how far?: Image 1
  • Chart 2 Australian mining sector wage inflation
  • Chart 3 Coal productivity (Australia all mines)

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