South Africa


In recent years of excess demand and high commodity prices, mining companies could not extract materials out of the ground quickly enough. lesser attention was paid to cost, with the markets more concerned about scale, volume and project portfolios. today, with unpredictable demand, falling prices, rising costs and increasing geological complexities, profitability has become a far higher priority.

How KPMG can help you throughout the mining asset lifecycle

Mining organizations encounter different challenges throughout the mining asset lifecycle. KPMG’s experienced mining team can assist clients throughout the entire mining asset lifecycle, including from expansion through to closure.



Organizations need to consider and test their strategies relating to portfolio investment, capital allocation, financing, tax, supply chain, people and stakeholder management.


The global mining sector is continuing to experience a period of dramatic change, with fluctuating demand, price corrections and rising costs becoming a common theme in this dynamic industry.


In the face of fluctuating demand and price volatility, mining companies are relentlessly striving to streamline their operations, increase efficiency, improve processes, control costs and enhance profitability.


Faced with falling revenues and more competitive macroeconomic environment, governments are seeking ways to manage their finances and interests of its citizens


The mining sector is at the heart of the challenges and the solutions to the sustainable development issues facing an increasingly resource constrained world.

Tax Efficiency

Given the complex layers of local and federal taxation systems, it is important to build taxation into a mining organization’s overall business strategy.

COMMODITY Insights Bulletins

Our key mining commodities include: Copper, Diamond, Gold, Iron Ore, Metallurgical Coal, Nickel, Platinum, Thermal Coal, Uranium and Zinc.


Uranium | Q2 2014 & Q3 2014

The long-term fundamentals of the uranium industry remain strong on the demand side but the medium-term outlook remains in neutral waiting for a kick start.

Copper | Q2 2014 & Q3 2014

This year has seen miners intensify their efforts to ramp up production while adopting aggressive cost minimization and efficiency initiatives. This has been and remains critical as they seek to manage the impacts of falling copper prices.

Platinum | Q4 2013 & Q1 2014

The past 6 months have been extremely difficult for the platinum industry.

Thermal Coal | Q4 2013 & Q1 2014

With declining thermal coal prices, shifting supply and demand dynamics in the US and Chinese policy developments regarding the usage of coal in the energy mix, sentiment towards the future of thermal coal is negative.

Nickel | Q4 2013 & Q1 2014

The confirmation of the ban of Indonesian ore exports in early January 2014 has helped drive nickel prices higher.


Uranium | Q4 2013 & Q1 2014

The short-term outlook remains depressed, the uranium spot and term prices continue to fall, the level of contracting is significantly down on previous years and a number of miners face cashflow pressures as the spot price is close to or below operating costs.

Metallurgical Coal | Q4 2013 & Q1 2014

The market for metallurgical coal remains difficult in the short term, with long-term optimism on the industry’s outlook.

Diamond | Q4 2013 & Q1 2014

Are synthetic diamonds a potential threat?


Mining Indaba 2015


Country Guides

Series of guides providing an overview of the mining industry from a geographical, economic and legislative perspective for each country.

Wayne Jansen

Wayne Jansen


+27 (0)11 647 7201

Jacques Erasmus

Jacques Erasmus


+27 (0)11 647 7527

Commodity Price Volatility

Commodity Price Volatility
This online tool allows you to compare commodities price data from 2008 to present and see correlation trends within the market.