Industry Analysis & Industry Trends
Contract miners provide services that support mining production. Demand for industry services depends on the relative advantages that mining companies derive from outsourcing production, compared with controlling production in-house. Contract miners typically have access to a large pool of machinery and skilled employees that they leverage to win business. The strength of the Mining division is also a crucial factor in industry performance.
Over the past decade, demand for commodities has been strong. During these periods of strong demand, miners (the industry's client base) shift focus to planning new capacity. The core in-house functions undertaken by mining companies include exploration, supply chain management and marketing... purchase to read more
Industry Report - Industry Investment Chapter
The industry is moderately capital intensive, spending an estimated $0.20 on capital outlays for every dollar spent on labour in 2014-15. The industry's revenue stream depends heavily on supplying both workers and equipment for mining operations. Increased participation in underground mining operations, which are typically more labour intensive than open-cut mines, has tended to dilute capital intensity over the past few years... purchase to read more