Mining And Quarrying Trends In The Metals And Industrial Minerals Industries

The domestic mining industry gained more strength in 1988 as the healthy comeback that became evident in 1987 continued and grew for many commodities. The increasing and more stable commodity prices, still predominantly in the metals sector, reinforced both the new ways of conducting business and the use of technological advancements in successfully lowering operating costs during the last 4 to 6 years. Some commodities and companies still struggled to survive, but increases in productivity and profits were becoming more common.