A global commodities boom is helping to make Canada’s three northern territories economic growth leaders in the next two years. Real GDP in the three territories will collectively grow by more than seven percent in both 2012 and 2013 – easily outpacing the Canadian average of 2.1 percent this year, according to The Conference Board of Canada’s Territorial Outlook-Winter 2012.
“While the global economy is facing challenges that dampen the outlook for many Canadian industries and provinces, demand for metals and non-metals is expected to hold up,” said Marie-Christine Bernard, associate director, forecasting and analysis. “The immediate concern for mining industry development in Canada’s North is not so much finding a market, but rather finding the skilled workers to lead these projects forward.”
The CEs of US minerals and mining equipment companies say the state of the mining industry – globally and in the US – is positive, forecasting that global demand for metals will increase by more than 5% in each of the next three years. “Further, our member companies expect US coal exports to triple over the next two years and world demand for mining equipment to increase by about 6% a year for the [next three years],” said US National Mining Association president Hal Quinn at the MineExpo held in Las Vegas, US, last month.Other mining executives who spoke to Mining Weekly expressed confidence in the durability of the current commoditties super cycle, now in its fifth year. China, India and Brazil, besides other nations, are feverishly building power plants and urban infrastructure, and this has sparked a surge in the demand for
coal, metals and related commodities. Mining equipment manufacturers’ order
books are likely to be filled as they expand production to meet growing demand
for shovels, trucks and underground machinery. US mining equipment producers
represent about one-fifth of the global market.
'Global Mining Survey 2012-2013: Market Trends, Marketing Spend and Sales Strategies in the Global Mining Industry' is a new report by ICD Research that analyzes how mining industry companies' media spend, marketing and sales strategies and practices, and business planning are set to change in 2012-2013. This report provides the current size of the marketing and advertising budgets of global mining industry suppliers and how spending by global mining industry suppliers will change, providing insight into global marketing behaviour. In addition, the report also identifies future growth of global mining industry buyers and suppliers and M&A activity. This report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities. The report also provides access to information categorized by region, company type and sizes.' stone jaw crusher:http://www.hxjqchina.com/product-list_11.html
rock cone crusher:http://www.hxjq-crusher.com/
Highlight 1: The average size of annual marketing budgets of global mining industry supplier respondents in 2012 is US$3.3 million. In 2010 and 2011 respectively, the average annual marketing budgets were recorded at US$1.7 and US$2 million. This implies that marketing budgets are set to increase considerably in 2012, as companies devise more aggressive marketing plans.
Highlight 2: A comparison of global marketing budgets by operating region shows that global mining industry suppliers from companies that operate in North America have the highest average budgets of US$4.5 million in 2012. Respondents with leading operations in Europe and the Rest of the World have the next-largest average budgets estimated at US$3.5 million and US$3.4 million respectively.
Highlight 3: ICD Research's industry survey revealed that, on average, the marketing budgets of global mining industry suppliers are projected to increase by 7% over the next 12 months. In contrast, the expected levels of increase in average marketing budgets has reduced slightly compared to 2011, while in 2010 average budgets were anticipated at 7.2
Highlight 4: Respondents from small mining suppliers expect their average marketing expenditure to increase by 9% over the next 12 months, while respondents from large and medium companies expect average expenditure to increase by 6% and 5% respectively.
Highlight 5: Well-executed marketing and sales strategies are vital to the future success of companies and their ability to identify and acquire new business and retain existing contracts. This is particularly critical during periods of unstable market conditions when many buyers in the industry review or renegotiate their supplier bases.As the professional manufacturer of complete sets of mining machinery, such as vibratory feeder, Henan Hongxing is always doing the best in products and service.
- Author Articles
- More From This AuthorRaymond mill (Raymond grinder)is featured by the advantages of high output, fine powder, continuous powder production with dry method, centralized particle size distribution, continuous and adjustable...The cement production line manufacturing process has a staggering carbon footprint – said to be responsible for up to 7 percent of global greenhouse gas emissions, the industry releases around 9 lbs of...Owing to difficult consumption, many cement companies are now producing with only about 70-80 percent of their capacity. However, the total capacity of the entire cement industry is constantly increasing. In...According to the present market, the large capacity Raymond Mill is highly needed, so we have developed a new kind of high-tech grinding mill to meet the requirements of customers from home and abroad, which...Modern inventions have endowed us with many conveniences that make our daily lives and the tasks associated with it very easy. Consult any technology blog or technology news and you will realize that this is...
- Related Articles
- Related ArticlesThe hottest trend color in resorts for Spring-Summer 2013 is what insiders call “Pacific Blue.” This is not the typical Navy Blue of conservative business attire. Pacific Blue is a soft, engaging color...In the present competitive world, it is important to encourage the kids and their talents. Education is considered to be the best gift to people. It helps to acquire the knowledge and values of life. This can...As years pass by developments in the information technology world, new trendy, agile programming languages keep flourishing. Today's growing trend makes your business online and stay updated with the latest...Web Design Chennai What is it that a brand needs today, to stand out in a very crowded online market? Yes, the correct answer is a good looking and smart website and a great strategy to promote it. The...Corporate trophies and plaques have been given out since time immemorial. Initially carved out of wood, today corporate trophy is made from different materials, come in different shapes and are given for...
- Latest Articles
- Latest ArticlesWish for a better future, more stable life? Ever wondered how your life would be if you could immigrate to UK from India or expanded your businesses with a business visa to Canada? Well, you can actually turn...There are people who do not know that from time to time windows and doors need to be changed. They too have a specific life span and there comes a time when the change must be made. The window may look...Girl work all the daylong and love to enjoy yoga practices with complete comfort and style. Yoga inside stretchable, elastic and straightforward clothes gives more relaxation and benefits compared to wearing...Koa is one of the most popular woods on the market today, commanding high prices for Koa furniture , home accessories, and jewelry. Koa was originally reserved for use by the Hawaiian monarchy, but later...Loans for people with bad credit - Just because your credit is in bad shape, you’ve gone through foreclosure or filed for a bankruptcy doesn’t mean you can’t qualify for a home loan. You still can buy a...