Industry Analysis & Industry Trends
Contract miners provide services to mining companies to support mining production. Demand for industry services is driven by the relative cost and output 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 mining machinery and equipment, and skilled employees to meet client needs. 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 preparing the mine site for production to undertaking the 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 major players operate across a range 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. Strip mining is a similar process, where wide trenches are cut to remove resources such as coal or bauxite... purchase to read more