Definition
Firms in this industry are mainly engaged in mining gold and silver bearing ores. Mining includes the development of mine sites and the on-site processing of the ore into a concentrate, or, more commonly for gold, into bullion. Firms typically retain ownership of the semi-processed gold or silver product, and pay for further refining on a toll-charge basis. This refining process is included as part of industry 33141, Nonferrous Metal (except Aluminum) Smelting and Refining.

IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.

Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.

Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.