书名:United States Mining Report Q3 2014
责任者:Business Monitor International
出版时间:2014
出版社:Business Monitor International
摘要
We forecast stable though modest growth in the US mining industry through 2018, as we expect the bulk of mineral output and mining investment in the Americas region to occur in developing markets in Latin America. Still, we forecast the value of the industry to reach USD136bn in 2018, which we note is a substantial upgrade due to new government data. The country's stable economic and political environment, coupled with its long history of mining and mineral wealth, should enable sector expansion.
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目录
BMI Industry View 7
Permitting Process Mars Business Environment 8
SWOT 10
Industry Forecast 12
Coal: Domestic Troubles Ahead 12
Sector To Remain Consolidated 13
Table: United States - Main Coal Projects 14
Export Demand Unlikely To Reverse Long-Term Decline 14
Rising Gas Prices Provide Only Shorter-Term Upside 16
Table: United States - Coal Production 18
Copper: Production To Slow 18
Miners To Continue Exploration And Development 19
Table: United States - Copper Mine Projects 19
Environmental Considerations Pose Greatest Challenge To Industry 20
Table: United States - Copper Production 21
Gold: Tepid Production Growth, But Investment To Continue 21
Despite Company Woes, Barrick To Remain Top US Producer 22
Table: Major Gold Projects In The United States 24
Operational Risks To Remain 24
Table: United States - Gold Production 24
Lead: US To Lose Global Market Share 25
Table: United States - Lead Production 27
Industry Risk Reward Ratings 28
Colombia & Chile Remain At The Top 29
Table: Mining Risk/Reward Ratings 29
Mexico & Peru See Improvement, While Brazil Falls Back 30
Weak Prices & Poor Operating Environments Hold Others Back 31
Risk/Reward Ratings 31
Rewards 31
Industry Rewards 31
Country Rewards 32
Risks 32
Industry Risks 32
Country Risks 33
Table: US - Mine Production & Growth 33
Regulatory Development 34
Recent Developments 34
Beyond Impending Coal Rules, Few Changes In Sight 34
Table: Key US Mining Laws 35
Permitting Times Negatively Impact Greenfield Development 35
New Rules On Carbon Limits 35
Tax Regime 36
Corruption Minimal 36
Table: US Political Overview 37
Table: Regional Regulatory Table 37
Commodities Forecast 39
Commodity Strategy 39
Iron Ore: Chinese Stimulus Not A Game Changer 39
Steel: Gradual Rationalisation Insufficient To Boost Prices 41
Aluminium: Recent Rally Unlikely To Persist Into H214 42
Copper: Bearish Forecast Appears Well Placed 43
Lead: Picking Up Autos Sector Tailwinds 44
Nickel: Recent Rise To Fall Back In H214 45
Zinc: Potential Test Of Resistance In Coming Weeks 47
Table: Select Commodities - Performance & BMI Forecasts 49
Competitive Landscape 50
Sector Consolidation To Continue 50
Table: Financial Data For Key US Mining Firms 50
Production Driven By Domestic Market Needs 51
Company Profile 52
Freeport-McMoRan 52
Company Strategy 54
Latest Financial Results 55
Financial Data 56
Table: Freeport-McMoRan - Key Financial Data 56
Address Details 56
Newmont Mining 57
Company Strategy 58
Recent Financial Data 59
Financial Data 60
Table: Newmont Mining - Key Financial Data 60
Address Details 60
Peabody Energy 61
Company Strategy 62
Recent Financial Data 63
Table: Peabody Energy: Key Financial Data 64
Address Details 64
Regional Overview 65
Americas Overview 65
1. Mexico & Peru To Outperform 65
2. Potential Policy Impacts In The South 66
Table: Americas - Regulatory Updates 67
3. Downward Pressures On Capex To Persist 68
4. North American Growth Opportunities To Remain Limited 69
5. Central America & Caribbean To Lag Northern & Southern Neighbours 72
Global Industry Overview 74
Challenges 74
Table: Mining - Select M&A Deals 78
Cause For Optimism 81
Methodology 88
Industry Forecast Methodology 88
Sources 89
Risk/Reward Rating Methodology 90
Table: Weighting Of Indicators 92
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