Albany, NY -- (SBWIRE) -- 10/29/2014 -- "Mining Business Confidence Report Q3 2014” is a new report by Kable that globally analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects within the mining industry. This report also examines executive opinions with regards to the current and future state of the economy and its effect on the industry. It analyzes the likely effect of supplier price changes, sales performance, and staff headcount within the industry over July-September 2014. In addition, it provides an overview of the key priorities, threats, and opportunities for the global mining industry over July-September 2014. Furthermore, the survey forecasts the changes within the mining equipment market, procurement budget allocations and leading suppliers in mining equipment categories.

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Key Findings

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

Synopsis

This report is the result of an extensive survey drawn from Kable's exclusive panel of leading global mining industry executives. The report analyzes current global economic conditions and their impact on the mining industry, and forecasts the company and industry growth prospects over July-September 2014. It provides information about the impact of customer confidence, supplier prices, and staff headcount likely to affect investment decisions over July-September 2014. Additionally, the report includes the trends in the mining equipment market, analysis of the procurement budget allocations and leading suppliers of mining equipment.

Table of Contents

Economic overview
Methodology and sample size
State of the economy
Growth prospects and customer confidence
Supplier prices and levels of expenditure
Organizational outlook and strategy
Procurement budget and expenditure outlook
Appendix

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