This report is the result of an extensive survey drawn from ICD Research‟s exclusive panel of leading mining industry companies. As uncertainty regarding the European debt crisis, sluggish growth in the US markets and a sharp decline in commodity markets led to slow down in global economic markets, this report provides the reader with a definitive analysis of the industry outlook and explores how opportunities and demand are set to change in 2012–2013. Furthermore, it not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities. Additionally, it also provides access to information categorized by region, company type and sizes.

1 Introduction 9

1.1 What is this report about? 9

1.2 Definitions 9

1.3 Methodology .10

1.4 Profile of Global Mining Industry Survey Respondents 12

      1.4.1 Profile of buyer respondents 12

      1.4.2 Profile of supplier respondents 13

2 Executive Summary 15

3 Global Mining Industry Dynamics 17

3.1 Revenue Growth Projections in the Global Mining Industry 18

      3.1.1 Revenue growth projections by company type 20

      3.1.2 Revenue growth projections by region 21

      3.1.3 Revenue growth projections by turnover 23

      3.1.4 Revenue growth projections by senior level respondents 24

      3.1.5 Company revenue growth optimism: cross industry comparisons 25

3.2 Future Developments in Business Structure in the Global Mining Industry 26

3.2.1 Future developments by buyers 26

3.2.2 Future developments by suppliers 28

3.2.3 Future developments by region 29

3.2.4 Future developments by turnover 30

3.2.5 Future developments by senior level respondents 32

3.3 Merger and Acquisition Activity Projections in the Global Mining Industry 33

      3.3.1 Merger and acquisition activity projections by buyers 33

      3.3.2 Merger and acquisition activity projections by suppliers 35

      3.3.3 Merger and Acquisition activity projections by region 37

      3.3.4 Merger and acquisition activity projections by company turnover 38

3.4 Capital Expenditure Projections: Global Mining Industry 39

      3.4.1 Projection of capital expenditure by buyers 39

      3.4.2 Projection of capital expenditure by suppliers 40

      3.4.3 Projection of capital expenditure by region 42

      3.4.4 Projection of capital expenditure by company turnover 43

3.5 Planned Change in Staff Recruitment in the Global Mining Industry 44

      3.5.1 Planned change in staff recruitment by buyers 44

      3.5.2 Planned change in staff recruitment by suppliers 46

      3.5.3 Planned change in staff recruitment by region 47

      3.5.4 Planned change in staff recruitment by company turnover 48

4 Global Mining Industry Market Growth Outlook 49

4.1 Global Mining Industry: Demand in Emerging Markets 50

      4.1.1 Demand in emerging markets by buyers 51

      4.1.2 Demand in emerging markets by suppliers 53

      4.1.3 Demand in emerging markets by region 56

      4.1.4 Demand in emerging markets by company turnover 57

4.2 Global Mining Industry: Growth Projections in Developed Countries 58

      4.2.1 Growth projections in developed countries by buyers 58

      4.2.2 Growth projections in developed countries by suppliers 61

      4.2.3 Growth projections in developed countries by region 63

      4.2.4 Growth projections in developed countries by company turnover 64

5 Threats and Opportunities for the Global Mining Industry 65

5.1 Global Mining Industry: Leading Business Concerns for 2012–2013 66

      5.1.1 Leading business concerns for 2012–2013 by company type 68

      5.1.2 Leading business concerns for 2012–2013 by region 70

      5.1.3 Leading business concerns for 2012–2013 by company turnover 71

5.2 Global Mining Industry: Key Supplier Actions to Maintain and Win Buyer Business 72

      5.2.1 Actions to maintain and secure buyer business by buyers 72

      5.2.2 Actions to maintain and secure buyer business by region 75

      5.2.3 Actions to maintain and secure buyer business by turnover 76

      5.2.4 Actions to maintain and secure buyer business by purchasing decision authority 78

6 Global Mining Industry Buyer Spend Activity 79

6.1 Annual Procurement Budgets in the Global Mining Industry 80

      6.1.1 Annual procurement budgets by company type 81

      6.1.2 Revenue growth vs. annual procurement budgets 82

      6.1.3 Annual procurement budgets by region 83

      6.1.4 Annual procurement budgets by company turnover 84

      6.1.5 Annual procurement budgets by senior level respondents 85

6.2 Global Mining Industry: Planned Change in Procurement Expenditure 86

      6.2.1 Planned change in procurement expenditure by company type 86

      6.2.2 Planned change in procurement expenditure vs. revenue growth optimism 88

      6.2.3 Planned change in procurement expenditure vs. cost containment 88

      6.2.4 Planned change in procurement expenditure by region 89

      6.2.5 Planned change in procurement expenditure by company turnover 90

      6.2.6 Planned change in procurement expenditure across industries 91

6.3 Planned Change in Procurement Expenditure by Product and Service Category 92

      6.3.1 Planned change in procurement expenditure by product and service category by region 97

      6.3.2 Planned change in procurement expenditure by product and service category by company turnover 98

6.4 Global Mining Industry: Variations in Regional Supplier Prices 99

      6.4.1 Variations in regional supplier prices by company type 99

      6.4.2 Variations in regional supplier prices by region 101

      6.4.3 Variations in regional supplier prices by company turnover 102

7 Global Mining Industry Procurement Behaviors and Strategies 103

7.1 Critical Success Factors for Supplier Selection in the Global Mining Industry 104

      7.1.1 Critical success factors by company type 104

7.2 Future Procurement Objectives in the Global Mining Industry 108

      7.2.1 Future procurement objectives by company type 108

      7.2.2 Future procurement objectives by region 110

      7.2.3 Future procurement objectives by company turnover 111

7.3 E-procurement in the Global Mining Industry 112

      7.3.1 E-procurement by company type 112

      7.3.2 Procurement budget increase vs. e-procurement 113

      7.3.3 E-procurement by region 114

      7.3.4 E-procurement by company turnover 116

8 Appendix 117

8.1 Survey Results – Closed Questions 117

8.2 Methodology 124

8.3 Contact us 124

8.4 About ICD Research 124

8.5 Disclaimer 125

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