Gold buoys miners amid resources sector slump
A new report of PricewaterhouseCoopers (PWC) reveals that it is a difficult year for most major mining companies, except for those focusing below 2024.
Published on Friday, PWCs MINE 2025 Income and earnings (EBITDA) between the world’s top 40 mines (except gold companies) show that they have fallen by 3 percent and 10 percent, respectively over 2024, respectively.
Relatively, powerful gold prices, gold -oriented manufacturers in FAVÖK’de 15 percent increase in income and 31 percent growth.
Source: PWC
PWC’s top companies include WA operations, including BHP (first), Rio Tinto (Third), Fortescu (14.), Northern Star Resources (31) and South32 (35.).
According to PWC Australian Global Mining and Metals Leader Franz Wentzel, “higher costs and increasing investment requirements enter the profits of the best global mining companies, economic unpredictability, geopolitical conflicts and changing trade models for a challenging year.”
The PWC also made a sharp decrease in merger and purchasing activity last year and the total global transaction value fell to USD in 2024 to USD $ 53 billion – the previous year fell from $ 76 billion.
Energy transition minerals also announced less agreement, especially as lithium prices decreased and famine concerns decreased.
WA explains most of the Lithium and Nickel production of Australia and hosts several battery mineral projects.
Despite the decline, PWC insists that there is a place for more agreement activities.
Big Four accounting company renewed interest in other regions and technologies to diversify supply chains as well as further consolidation among Australia’s gold and silver players.
Mr. Wentzel gives a competitive advantage in pushing Australia’s minerals to the net zero, but only if companies, governments and customers work together.
“Australia is at the forefront of global decarbonation, which has a potential for sustainable deterioration, Went said Wentzel.
“Nevertheless, the sector is insufficient to provide significant investments and manage the accompanying business risks.
“To take advantage of these opportunities will require a change in thinking towards a more open and collaborative approach than dominant logic.
“If this is obtained, the sector may increase progress, unlock the new value and shape the future of sustainable practices.”
