E3S Web Conf.
Volume 174, 2020Vth International Innovative Mining Symposium
|Number of page(s)||7|
|Section||Innovations in Mining Machinery|
|Published online||18 June 2020|
Evaluation of Level and Growth Factors of Mining Companies
1 Financial University under the Government of the Russian Federation, 125993 Leningradsky Prospekt 49, Moscow, Russia
2 Russian New University, 105005 Radio st., 22, Moscow, Russia
The article reflects some aspects of the authors’ research on issues related to the growth of mining companies. The authors analyzed the main approaches to assessing growth, revealed correlation dependencies between them, as well as factors of the industry and macroeconomic level. The study allows concluding that not all proposed models show the same dynamic trends, as a result, the authors proposed a reasonable choice of one of the models. The authors found that the important factors the development of which is necessary for the growth of companies and the mining industry as a whole are the restructuring of the business model, the transition to more active use of digital technologies and overcoming the effects of the pandemic. In addition, it is important for companies to maintain demand for their products, the achievement of which feasible through access to e- commerce sites and real-time trading.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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