Metal Mining Services

SIC 1081

Companies in this industry

Industry report:

This classification covers establishments primarily engaged in performing metal mining services for others on a contract or fee basis, such as the removal of overburden, strip mining for metallic ores, prospect and test drilling, and mine exploration and development. Establishments that have complete responsibility for operating mines for others on a contract or fee basis are classified according to the product mined rather than as metal mining services. Establishments primarily performing hauling services are classified under transportation.

Industry Snapshot

The metal mining services industry offers a wide range of services. Most of the companies are small operations engaged in the physical tasks involved in mining, as well as in planning, development, and exploration. Some companies specialize in preparing mine shafts and tunnels, while others offered test boring services. In the late 2000s, the trend toward outsourcing should have been contributing to the metal mining services industry's growth; however, the decline in overall mining was limiting its growth. The economic recession of the late 2000s, which extended into the early 2010s, did little to promote outsourcing enterprises.

While most large national and international mining companies retain private divisions specially outfitted for mining services, even the largest companies contract specialty mining services companies for jobs requiring particular expertise, extra speed, or outside consultation. U.S. mining companies account for a little more than one-third of the corporations involved in some aspect of the mining industry, including mineral producers, mineral processors, and equipment manufacturers, as well as engineering firms, consultants, financial institutions, and other companies that supply goods and services to the mining industry.

The overriding trend in modern metal mining has been toward the development of improved equipment to ensure better working conditions, the potential exploitation of lower-grade ores, and the design and construction of bigger and deeper mines. Where companies involved in metal mining services did not themselves develop new technologies toward such ends, they made use of a plethora of advances made by other mining companies and associations.

Current Conditions

According Dun and Bradstreet's 2010 market report, sales in the metal mining industry, which included exploration and development services, preparation of shafts or tunnels, test boring, and overburden removal, reached $577.8 million, generated by 489 businesses. States accounting for the most revenue were Alaska, with 34 percent; Idaho, with 18 percent; and Washington. Although Illinois accounted for only four percent of total revenues, it employed 1,250, or 20 percent, of the 6,173 workers in this specific industry in 2009. Other states with large numbers of employees in the industry were Alaska (839 employees), Florida (558 employees), Nevada (523 employees), and Arizona (502 employees).

MINExpo International, an event held every four years, is the mining industry's largest and most comprehensive exposition. The 2012 Expo was slated to include approximately 1,300 exhibitors and 38,000 attendees from 112 countries. MINExpo is sponsored by the National Mining Association, which represents 325 corporations from all aspects of the mining industry, such as coal, metal and industrial mineral producers, mineral processors, equipment manufacturers, state associations, engineering firms, consultants, financial institutions and suppliers of goods and services to the mining industry.

Indutry Leaders

Newmont Mining Corp. of Greenwood Village, Colorado, was the U.S. leader in the industry. More than half the corporation's production is derived from operations in North America and South America. Following a 2000 merger under which its main U.S. competitor, Battle Mountain Gold Co., became a subsidiary, and further acquisitions in Canada, Bolivia, and Australia, Newmont became one of the top gold producers in the world, with 92 million ounces in reserve at the end of 2009 and production levels of over six million ounces annually. The company also mined copper, silver, and zinc. Newmont Mining has benefited greatly financially from gold's rising price. In 2000, the average price of an ounce of gold was $279; by 2005, the price had risen to $444 per ounce. During the next five years, the price of gold more than doubled, reaching more than an average of $1,100 per ounce by early 2010. As a result, the company increased its revenues from $4.2 billion in 2005 to $7.7 billion in 2009.

Workforce

National employment in metal ore mining, including underground and surface miners, as well as office, plant, and shop workers, totaled 35,880 in 2009, continuing a downward trend begun in the early 1990s, when mining industry employment topped 50,000. Occupational opportunities in the mining services industry range from those involved in the physical tasks related to mining to those responsible for the planning and development of mining, testing, and prospecting. In the mining, quarrying, and tunneling domain, the industry employs workers as varied as rock splitters--who separate rough dimensions of rock and ore using jackhammers, wedges, and feathers--and mining machine operators, who are responsible for the operation of equipment including truck-mounted or portable drills, continuous mining machines, channeling machines, and cutting machines for underground excavation.

In the planning and development domain, the metal mining services industry employs a wide variety of mining engineers trained in locating, extracting, and preparing metals for industry use. In addition to designing and supervising most functional aspects of metal mines, such engineers conceived new plans and equipment to improve the safety and health conditions, environmental compatibility, and efficiency of mines.

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News and information about Metal Mining Services

BRAZIL: BRAZIL IS THE FIFTH MOST ATTRACTIVE COUNTRY FOR INVESTMENT.
Info-Prod Research (Middle East); October 7, 2007; 440 words
...attracted the most investments were sectors like basic metallurgy and steel industry, financial intermediation, metal mining, services paid to companies, trade, the chemical industry, manufacturing of coke, petroleum, fuels and alcohol, construction...
EPA adds mining to toxic release inventory reporting
Mining Engineering; April 1, 1998; 700+ words
...activities (SIC code 10) that are exempt from TRI reporting include SIC codes 1011 (ironore mining) and 1081 (metal mining services). Final action is pending on the inclusion of SIC code 1094 (metal mining- uranium-radium-vanadium ores...
ZAMBIA: CONSTRUCTION START-UP ON PLANNED $63,000,000 COPPER MINE PROJECT IS TENTATIVELY SCHEDULED TO BEGIN JULY 1, 1999, ROAN ANTELOPE MINING CO. [ZAMBIA] - Order #: 077399.
WWP-Report on Mining, Metal Making and Conversion; July 1, 1999; 700+ words
...some time during the year 2003. ROAN ANTELOPE employs a total staff of about 6,200 engaged in the provision of metal mining services. COPYRIGHT (Cr) by WWP Inc. 1999 The data contained in this report may not be reproduced, redistributed and...
Argentina: Investment in the mining sector increases in Argentina.
South American Business Information; April 25, 2001; 432 words
...South American Business Information, All rights reserved. INDUSTRY KEYWORD: Mining & Extractive Industries Metal Mining Services Nonmetal Mining EVENT: Planning & Information Foreign Investment Regulations News Provided by COMTEX (http...
ZAMBIA: CONSTRUCTION START-UP ON PLANNED $70,000,000 COPPER/COBALT MINING PROJECT IS TENTATIVELY SCHEDULED TO BEGIN IN AUGUST 2000, ROAM ANTELOPE MINING CORP. (RAMC) [ZAMBIA] - Order #: 076200.(International Pages)(Brief Article)
WWP-Report on Mining, Metal Making and Conversion; July 1, 2000; 700+ words
...operations at its Luanshya and Baluba mines. RAMC employs a total staff of about 6,500 engaged in the provision of metal mining services. COPYRIGHT (cr) by WWP Inc. 2000 The data contained in this report may not be reproduced, redistributed and...
Resampling of industries.
PPI Detailed Report; July 1, 2000; 514 words
...Analysis and Public Information at (202) 691-7705. Standard Industrial Classification (SIC) Code Industry 1081 Metal mining services 1241 Coal mining services 1481 Nonmetallic minerals (except fuels) services 2295 Coated fabrics, not rubberized...
ZAMBIA: CONSTRUCTION START-UP ON PLANNED $70,000,000 COPPER/COBALT MINING PROJECT IS TENTATIVELY SCHEDULED TO BEGIN IN AUGUST 2000, ROAM ANTELOPE MINING CORP. (RAMC) [ZAMBIA] - Order #: 076200.
WWP-Business Opportunities in Africa & the Middle East; July 1, 2000; 700+ words
...operations at its Luanshya and Baluba mines. RAMC employs a total staff of about 6,500 engaged in the provision of metal mining services. COPYRIGHT (cr) by WWP Inc. 2000 The data contained in this report may not be reproduced, redistributed and...
Seven industrial sectors added to toxics reporting list
Chemical Engineering Progress; June 1, 1997; 700+ words
...reporting their releases under the proposal are: metal mining (except iron, uranium, radium, and vanadium ores and metal mining services); coal mining (except coal mining services); electric utilities (coal and oil-fired generating facilities...

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