SOURCE: Industrial Info Resources

Industrial Info Resources

February 13, 2012 06:20 ET

2012 North America Mining Sector Update, a Navigating the Currents of Change Video Webcast on Industrialinfo.com

SUGAR LAND, TX--(Marketwire - Feb 13, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- North America has a diverse mining industry, with leading reserves of coal, oil sands, precious metals, iron ore, minerals, potash, uranium and copper. According to the recently released Mineral Commodity Summary for 2012 compiled by the United States Geological Survey, the estimated value of mined materials in the U.S. was $113 billion (almost split evenly between coal, metals and minerals). This is up about 12% compared with 2010.

Last year was a turnaround period for mining project development in North America after the 2008-09 time period, when a number of projects were placed on hold or cancelled. Project construction starts more than doubled in 2011 when compared to 2010, when Metals & Minerals companies kicked off more than $35 billion in projects in 2011.

Click here to join Joe Govreau, Industrial Info's vice president of research for the Metals & Minerals Industry, as he discusses North American metals and minerals project development in this edition of "Navigating the Currents of Change."

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147