Gold & Silver Ore Mining in the US - Industry Market Research Report

IBISWorld
January 27, 2014
38 Pages - SKU: IBSS5203854
Countries covered: United States

Gold & Silver Ore Mining in the US

While the high price of gold allowed revenue and profit margins to rise during the recession, gold prices are expected to temporarily fall in 2014 as the economy continues to recover from its recessionary declines. Throughout the majority of the next five years, the world price of gold and silver will increase at a slower rate than it did in the five years to 2014. This will ease upward pressure on gold and silver prices, slowing industry growth.

Operators in this industry mine gold and silver bearing ores. Mining includes the development of mine sites and the on-site processing of ore into a concentrate or bullion. Companies typically retain ownership of the semi-processed gold or silver products and pay for further refining on a toll-charge basis. The refining process is included as part of the Copper, Zinc and Lead Refining industry (IBISWorld report 33141).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Additional Information

MAJOR COMPANIES

Kinross Gold Corporation

Newmont Mining Corporation

Barrick Gold Corporation

Rio Tinto Group


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