The KPMG Global Mining Outlook 2022 highlights the changing times for the mining industry. One constant over the past 12 years has been the operational risk for the industry, with price volatility and supply chain issues being major challenges. The pandemic has also affected the industry, with environmental, social, and governance (ESG) risks becoming more prominent. The industry is now facing increasing pressure to incorporate ESG into its business practices, as demand for commodities to power the global economy continues to rise. The industry must also address legacy issues, supply chain transparency, and geopolitical instability to remain competitive. Engagement with stakeholders will be critical for the industry's success.
