Showing posts with label Global Mining Market. Show all posts
Showing posts with label Global Mining Market. Show all posts

Tuesday 23 September 2014

Global Mining Market Analysis, Size, Share, Growth, Trends and Forecast

MarketResearchReports.Biz presents this most up-to-date research on "Research Report On Mining Market" Analysis, Size, Share, Growth, Trends and Forecast Emerging Opportunities, Drivers, Strategies, Products And Competitive Landscape Report


Mining is a method of extraction that is used to acquire many valuable metals from beneath the Earth. The process of mining dates back to pre-historic times when it done to extract stones and metals. However, through the ages, it has evolved with inclusion of many more processes that range from tapping potential ore bodies, analyzing profit potential of the given mine, extraction of the materials, and finally reclaiming the land after the mine’s purpose is over. Mining became an important activity and of great importance in human evolution as the materials obtained from the Earth’s core could not be made available through any agricultural processes, laboratory experiments, or any other artificial methods.

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The mining industry over the years has revolutionized by leaps and bounds, giving a chance to other industries to grow and foster in their own right. London is the global capital of ‘mining houses’ with biggest key players such as Anglo American PLC, BHP Billiton, and Rio Tinto Group holding the fort. The US mining industry is typically dominated by nonmetal minerals like rock and sand, and coal. However, the strict regulations have brought down the importance of mining in the U.S. Peru, and Chile were the biggest miners in South America in 2002.

The mining companies reported a global market cap of USD 962 billion in 2007 as compared to publicly traded companies, whose total global market cap was reported at USD 50 trillion. But the mineral sector of Africa’s makes zinc, lead, and copper below expectation. However, it has been reported that it has 90% of the world's platinum group metals, 60% of cobalt, and 40% of gold.

In case of India, mining contributes largely to the economy. Mining occurs in Canada under the leadership of BHP Billiton. Lastly, China continues to control 95% of global market share as for 2013 with regards to rare earth minerals.

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This section features a list of enriching reports in terms of great knowledge on mining in various geographies. These reports also provide a chance to look into the progression of the mining markets so far, their forecasted growth, and the strategies they are likely to follow in the coming years. These reports have been well-researched by subject matter experts who believe in providing valuable information to their readers so they can make well-informed decisions in the coming years. These decisions in turn will reflect on the way the mining market will progress.