Coal, Copper, Iron and Precious Metals Lead $890 Billion Global Mining Project Development, an Industrial Info News Alert

- May 13th, 2011

Industrial Info Resources reports more than 2,100 active mining projects totaling $890 billion in the mining sector which is experiencing a period of growth.

Industrial Info Resources reports more than 2,100 active mining projects totaling $890 billion in the mining sector which is experiencing a period of growth.

The press release is quoted as saying,

Mining companies flush with cash from high commodity prices and driven by demand from developing nations are investing in both organic growth and mergers and acquisitions to gain market share. Equipment and services providers to the mining sector are experiencing growing order books and backlogs, and are also looking to the same kinds of growth to increase market share.

For the complete press release, click here.

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