Boston, MA -- (SBWIRE) -- 06/06/2014 -- We forecast Mexico's mining sector will see steady growth through 2018 as mining companies continue to invest in both base and precious metals mining projects. We forecast the value of Mexico's mining sector to grow to USD16.9bn by 2018, representing average annual growth of 2.7%. The sector will benefit from a stable business environment, though mining royalties pose a downside risk.

Mexico's vast silver resources will allow it to remain the world leader in mined silver production over our forecast period. Silver miner Fresnillo will remain a sector leader, accounting for roughly one quarter of Mexican production. Junior companies will also seek to develop small- to medium-sized silver mines as well as gold deposits found alongside silver. Copper production will continue to be driven by Grupo Mexico, though we expect junior and mid-tier miners will also seek to develop copper projects. That said, we believe Mexico's copper output will trail others in the Americas, and expect Chile and Peru to receive the bulk of Americas copper-related investment in the coming years.

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Materials research reports at Fast Market Research

You may also be interested in these related reports:

- Construction and Mining Machinery Market in Morocco to 2018 - Market Size, Trends, and Forecasts
- Global Construction and Mining Machinery Market to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in France to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in Portugal to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in Romania to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in Austria to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in South Korea to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in Estonia to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in Poland to 2018 - Market Size, Trends, and Forecasts
- Construction and Mining Machinery Market in Slovakia to 2018 - Market Size, Trends, and Forecasts