Trillion-Dollar Mining Industry Turning to Remote Underground Projects

SUGAR LAND--March 13, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--High commodity prices and strong demand for mined products are driving mine development around the world. Mining companies are spending more money on exploration activities, but are finding fewer world-scale ore reserves. As a result, mining companies are developing lower-grade ore resources into larger mining projects to take advantage of economy of scale. For a full listing of global mining projects contact IIR's Member Center to sign up for the Global Mining Database by calling 1-800-762-3361.

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Details on this Article:
Industry Segment: Metals & Minerals
Word Count: 462 Words
Attachment: IIR Chart - Active Mining Projects, Above-Ground vs. Underground Mines

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