Industry Analysis & Industry Trends
Contract miners provide services to mining companies to support mining production. Demand for industry services depends on the relative advantages that mining companies derive from outsourcing these processes, compared with controlling production in-house. Contract miners typically have access to a large pool of machinery and skilled employees that they can leverage to win business. The strength of Australia's Mining division is a crucial factor in determining industry performance.
Over the past decade, demand for commodities has been strong, particularly from markets in China and other export destinations. During periods of strong demand, mining companies (the industry's client base) tend to shift focus towards planning new capacity... purchase to read more
Industry Report - Industry Products Chapter
Contract mining services range from the preparation of a mine site for the actual mining process, to undertaking the entire mining operation for a specified period. Some industry firms offer a narrow range of contract mining services or specialise in mining particular ores, while the large major players operate across the whole spectrum of contract mining services and ores.
Surface contract mining
Two techniques are used to extract resources that typically occur close to the surface: open-cut mining and strip mining. Open-cut mines are structured with benches or steps that slope progressively downwards to the centre of a pit where resources such as iron ore are extracted... purchase to read more