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Article: Valuation of the Mining Industry
- Article from:
- Weekly Corporate Growth Report
- Article date:
- December 1, 2008
- Author:
CopyrightCopyright NVST, Inc. Dec 1, 2008. Provided by ProQuest LLC. (Hide copyright information)
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The Mining industry covers establishments primarily engaged in the extraction of minerals, coals, and ores from the earth. Industry operations include quarrying, digging, and related support operations such as milling, crushing, washing, and screening. The mining industry also covers the exploration for and development of mineral properties and services performed in the development and operation of mineral properties.
The Metals Sector
The mining industry provides ores and raw metals to mills and metal fabricators. The pricing for metals varies with demand, which is determined by a broad range of industrial and economic factors. Demand is currently down, forcing metal prices down and ...