Mining Business Confidence Report Q3 2014

Date: 2015-08

“• Overall, 46% of mining industry respondents state that they are operating in an unfavorable economic environment, while 39% state that their current economic conditions are stable
• The majority of global mining industry respondents anticipate positive growth for both their companies and the industry over July–September 2014
• Industry respondents from the Rest of the World expect the highest growth in staff headcount and sales volume in July–September 2014
• Protecting and growing market share and customer retention are the most popular priorities of mining industry executives operating across all regions
• The majority of respondents from Asia-Pacific and the Rest of the World are keen to purchase outright rather than used equipment or leasing
• The majority of mining executives operating in North America see no major investments in equipment purchases for 2014 and 2015
• Respondents intend to allocate the biggest part of their procurement budget towards meeting operating expenses in 2014 and 2015
• Mining industry survey results indicate Caterpillar Inc. as the common supplier for all types of mining equipment”

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