U.S. Mining Industry: Regulations, Projects and Participants

PRLog (Press Release) - Apr 05, 2007 -
The United States produces a wide variety of commodities from gold to coal. It has a land area of over 9.6 million square kilometers, 19,924 kilometers of coastline, and a population of over 298 million people. It uses 25% of the world’s energy reserves and spends more on maintaining its military might than most other country's entire GDP. It is the world's second largest producer of copper and gold, exports over $26 billion worth of minerals and material produced from minerals each year and its mining industry employs over three million people directly and indirectly.

The U.S. has a long history of mining that even pre-dates the country's split from Britain. The coal industry, for instance, dates back to 1,000 AD when the Hopi Indians, living in what is now Arizona, used coal to bake pottery made from clay.

The geology of the U.S. is split up into ten provinces: Pacific Mountain System; Columbia Plateau; Basin and Range; Colorado Plateau; Rocky Mountain System; Laurentian Upland; Interior Plains; Interior Highlands; Appalachian Highlands; and Atlantic Plain. Each province has its own geologic history and unique features. These ten geological provinces host numerous deposit types hosting an array of commodities. The Basin and Range province hosts several gold mines and exploration properties including Barrick Gold Corporation’s Goldstrike mine. The Rocky Mountain System is host to the Powder River Basin, which is the largest source of coal mined in the U.S. The region is also host to some major uranium deposits. According to the U.S. Bureau of Labor Statistics, the Pacific Mountain System, Interior Plains Province and the Atlantic Plain Province host oil and natural gas deposits that supply three-fifths of the U.S. needs. Most of the onshore and offshore deposits are located in California, Louisiana, Oklahoma, and Texas. The Energy Information Administration provides more statistical information on the oil and natural gas industry for the U.S.

This report on the U.S. Mining Industry brings in-depth knowledge about the mining industry in the United States, analyzing the trends, growth drivers, challenges and barriers, leading companies active in the sector, the major projects, and much more. From looking at the economics of the U.S. mining industry, to exploring competition and threat of entrants in the sector, this report is a complete strategic analysis of the lucrative U.S. Mining Industry.

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