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KPMG report says commodity prices and access to capital dominate concerns for Canadian miners

Mar 4, 2020

Every year, KPMG asks mining executives about the state of their industry, key trends, and their expectations for their organizations. Backed by responses from over 135 executives in 16 countries (including Canada, Australia, Brazil, and the United States), this year’s survey highlighted the top risks and opportunities facing mining companies in 2020.

Canada has long been a dominant mining jurisdiction and Canadian stock exchanges are the global leader in mining financings1. After years of decline, we have seen a steady increase in prices for gold and other metals, and indications that prices are stabilizing. Despite signs of positive economic growth, there remains a sense of cautious optimism and uncertainty around the growth prospects for miners in Canada.

It is not surprising that commodity prices and access to capital are once again top of mind for Canadian mining leaders, as companies navigate a volatile market.



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