Industry Analysis & Industry Trends
The Copper, Nickel, Lead and Zinc Mining industry is heavily reliant on the market prices of the metals it produces. Canada is the ninth-largest producer of copper and the fifth-largest producer of nickel in the world. Therefore, the prices of these metals heavily influence the industry's performance. The industry also produces zinc and, to a significantly lesser extent, lead. Industry operators will continue to seek additional measures to reduce mine operation costs, effectively increasing profitability in the five years to 2021. Like other mining industries, companies in this industry must actively explore for or acquire mineral assets on a regular basis.
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Industry Report - Industry Products Chapter
The Copper, Nickel, Lead and Zinc Mining industry is composed of companies that mine metal-bearing ores and sell them raw, or as concentrates, after successive steps of crushing, grinding and concentrating. The production from mines comes in the form of ores and concentrates. The industry's metals are produced from sulfide and oxide ores. These ores are mined through digging and blasting, typically at open-pit mines. Following extraction, the ores are crushed and ground into a powder. Oxide ores continue to leaching tanks, which is a process covered by refineries. Crushed sulfide ores are concentrated into slurry from which waste is removed, water is recycled and the remaining material is the metal in the form of concentrate... purchase to read more