Mining’s next big threat: EY warns high prices are masking deeper risks

Strong commodity prices may be concealing serious problems across the mining industry.

EY’s latest global mining report ranks operational complexity as the industry’s biggest risk for 2027, with aging mines, declining ore grades and rising costs threatening production.

In an interview with MINING.COM, EY Americas mining and metals leader Theo Yameogo explains why companies are favouring existing operations over new mines, how China continues to dominate mineral processing, and why a downturn in commodity prices could force difficult decisions on spending and production.