“• Overall, 43% of mining industry executives state that they are operating in a stable economic environment, while 38% affirm that the current economic conditions are unfavorable
• The optimism levels for company growth have increased in Q4 2014 compared to Q3 2014, whereas, optimism levels for industry growth have decreased in Q4 2014 compared to Q3 2014
• Business operatives from Europe anticipate the highest growth in sales. Additionally, respondents who operate in the Rest of the World expect the highest increase in staff headcount in Q4 2014
• Industry executives indicate increased expenditure on mergers and acquisitions and new product development in Q4 2014 compared to Q3 2014
• The majority of respondents with business operations in Asia-Pacific and the Rest of the World highlighted preference towards outright purchase rather than used equipment or lease
• The highest percentage of business operatives from Europe foresee investment allocation for equipment purchases to range between US$1 million and US$10 million during 2014–2015
• Regardless of region, executives intend to allocate a bigger portion of their procurement budget towards capital expenditure in 2014 and 2015”
Mining Business Confidence Report Q4 2014
Date:
2015-08
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