2016 BDO Global Mining Middle Market Monitor
20 October 2016
According to BDO’s inaugural Global Mining Middle Market Monitor study, the end of the latest downturn may be in sight.
The report reviews and analyses financial data reported by 528 publicly traded middle market mining and diversified metals companies from 61 country and international stock exchanges from 2010 to 2015. The companies analysed reported revenues up to US$1 billion, with median revenue of US$127 million. Companies were primarily traded on exchanges in Australia, Canada, South Africa, the United Kingdom and the United States.
The study found that although companies continue to struggle, there is some reason for optimism: among global middle market mining companies, from 2014 to 2015, median exploration expenditures grew 17 percent and median cash balances increased a modest, but still promising, two percent.
Please click below to view the full report.
For more information please contact Sherif Andrawes.