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 Analysis Chapter
The Contract Mining Services industry is highly dependent on trends in mining activity, particularly for coal and iron ore mining. Mining companies outsource production functions to contract miners, particularly at times when they are focused on expansion activities such as exploration, supply chain management and marketing. Industry participants are typically paid based on production volumes mined under contract. Industry operators are best placed to win new contracts when the Mining division expands its asset base through increased investment. The industry benefited from the Mining division's boom in capital investment during the decade through 2011-12, before declining over the three years through 2014-15... purchase to read more