Tuesday 16 April 2013

Mining Potential and outlook for Mining and Construction Jobs worldwide

In many places, the mining growth has resulted in economic rebounds, as prices increased due to demand from Countries such as China.
The bounce back was uneven because of the lack of clarity in proposed resource taxation, the euro crisis and uncertainty in the United States.
The weight of revival varied greatly from continent to continent:
  • In Africa, trade grew as firms looked to secure future prospects, with West Africa looking like one of the major resource suppliers of the future.
  • Across Asia-Pacific gold, coal and steel were extremely popular.  
  • In Latin America growth continued with the onset of currency wars in Venezuela, devaluation continuing around the globe.
  • In North America, companies consolidated the positions and received economic stimulus form the FED.
India is emerging as a major force in the mining area and will be the next key growth area in future driven by the vast population, social cohesion and demand generated as a result of a growing middle class.
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