Price: $ 1295
BMI View: With emerging markets attracting the bulk of mining investment we see quite slow growth across mineral products in the US over our forecast period. We forecast the value of the US mining industry to reach US$66.1bn in 2017, representing an average growth rate of 1.8% per annum. The US mining sector is likely to grow at a slower pace than many developed market peers, such as Canada and Australia, but promising opportunities for mine development still exist. Falling metals prices and lower rates of metal intensity per unit of economic growth will keep mining sector growth minimal. Furthermore, our forecast for both falling copper and gold prices will reduce firms' incentives to develop more supply. While we expect copper mining operations to remain profitable, we note that gold produ ...
Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/279726.html
No comments:
Post a Comment