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.