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How important is mining in the United States?
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In 2015, the value of coal, metals, and industrial minerals mined in the United States was US$109.6 billion. 158,000 workers were directly employed by the mining industry. The mining industry has a number of impacts on communities, individuals and the environment.
Today, there are nearly 13,000 active mines in the US as of 2019, valuing at $61 billion. Most common commodities produced in by the US mining industry include: Metals (iron, copper, steel, uranium) Precious metals (gold, silver, platinum) Minerals (sulfur, crushed stone, cement, gravels, industrial sand)
Coal mining is an industry in transition in the United States. Production in 2019 was down 40% from the peak production of 1,171.8 million short tons (1,063 million metric tons) in 2008. Employment of 43,000 coal miners is down from a peak of 883,000 in 1923.
- Newmont Goldcorp. Sign Up for the Energy Digest.
- Southern Copper. Market cap: $25.6 billion. Southern Copper (NYSE: SCCO) is one of the largest integrated copper producers in the world, with a copper reserve totalling 70.6 million tonnes.
- Freeport-McMoRan. Market cap: $15 billion. Phoenix-headquartered Freeport-McMoRan (NYSE: FTX) operates seven open-pit copper mines in North America (Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico) and two copper mines in South America (Cerro Verde in Peru, and El Abra in Chile).
- FMC. Market cap: $11.7 billion. FMC (NYSE: FMC), a chemical company headquartered in Philadelphia, Pa., serves the global agricultural, consumer and industrial markets.
Feb 6, 2020 · The estimated value of U.S. industrial minerals production in 2019 was 58.2 b i l l i o n, a b o u t 3 27.7 billion. Crushed stone was the leading nonfuel mineral commodity in 2019 accounting for 22% of the total value of U.S. nonfuel mineral production.
Aug 3, 2021 · The Northern Miner presents its annual top-ten list of the largest US-based mining companies ranked by market capitalization, as of July 7. The data was compiled by our sister company ...
Sep 10, 2022 · From the coal mines of Appalachia to the gold mines of Nevada, explore exclusive insights and features covering the breadth of the American mining industry. Delve into the latest trends, innovations, and challenges shaping the sector in one of the world's leading mining economies.
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related to: mining industry in usaFuel Your Mining Career. Join SME Today And Save 40% On A 2024 Professional Membership. Get The Latest Mining Industry News, Best Practices & Innovations With SME Membership.
