A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Project Survey 2017: Industry Indicators Improve
The new year brings with it the promise of new beginnings and 2017 may very well end up being the new beginning the mining industry has been waiting for. After hitting five-year lows in capital expenditures, leading indicators for mine development, including commodity prices, have improved substantially; but will the improvements in commodity prices that were experienced in 2016 carry into 2017? The answer to that question will be one of the key drivers expected to impact capital spending for the mining industry in 2017. For the most part, 2016 was a considerably better year for mining companies than 2015. Even though capital spending reached its lowest point in five years, leading indicators of project spending, like commodity prices, improved. Grassroot mine project spending, which reached the lowest point in 2016 since the peak of the mining boom, will see some improvement in 2017-2018 as companies will need to replace capacity coming offline.
Project Survey 2017: Industry Indicators Improve
The new year brings with it the promise of new beginnings and 2017 may very well end up being the new beginning the mining industry has been waiting for. After hitting five-year lows in capital expenditures, leading indicators for mine development, including commodity prices, have improved substantially; but will the improvements in commodity prices that were experienced in 2016 carry into 2017? The answer to that question will be one of the key drivers expected to impact capital spending for the mining industry in 2017. For the most part, 2016 was a considerably better year for mining companies than 2015. Even though capital spending reached its lowest point in five years, leading indicators of project spending, like commodity prices, improved. Grassroot mine project spending, which reached the lowest point in 2016 since the peak of the mining boom, will see some improvement in 2017-2018 as companies will need to replace capacity coming offline.
Project Survey 2017: Industry Indicators Improve
Joseph F Govreau (author)
2017
Article (Journal)
English
Project Survey 2017: Industry Indicators Improve
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