Call Us Today: +1 866 205 2414
Menu
Call Us Today: +1 866 205 2414
The mining industry is notorious for its cyclical nature, characterized by periods of rapid expansion followed by significant slowdowns. These “supercycles” are driven by various factors, including global economic conditions, technological advancements, and changes in commodity demand.
Between 2002 and 2012, for example, the price of iron ore surged by nearly 800% due to a supercycle driven by China’s industrialization. Understanding and navigating these cycles is crucial for mining companies to maximize profits and sustain long-term growth.
This guide delves into the supercycle phenomenon, emphasizing the importance of initiating projects during slow periods and preparing to maximize asset profitability with the inevitable rise in commodity prices.
TMG specializes in executive and operational consulting for the mining and oil and gas sectors. It offers tailored oversight and strategic guidance across all project stages to ensure optimal outcomes from conception to execution.
TMG committed to diversity and inclusion, based on the undisputed fact, that a fully inclusive environment, fosters a unique perspectives that can solve challenging problems and creates value, within the company, for our clients, the communities of which we work, and the world at large.
TMG’s corporate vision and values, are to honour the rights and cultures of all people and respectfully approach all business, with fair dealings and establishing and maintain a mutually respectful relationship.
TMG acknowledges that our offices are located on traditional lands of divers First Nations and Indigenous peoples. Guided by the Constitution of both Canada & the USA, the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) and the recommendations of all Truth and Reconciliation Commission as a framework, we are committed to taking ongoing positive and concrete steps towards reconciliation.
Copyright © 2024