Growth in mining and quarrying sector has slowed, says new UNIDO report
VIENNA, 14 August 2012 – Growth in global production from activities relating to mining and quarrying - a sector that includes the mining of coal and the extraction of crude petroleum and natural gas – has slowed down, according to a report released by the United Nations Industrial Development Organization (UNIDO) today.
World Statistics on Mining and Utilities 2012 shows that the total world production of the mining and utility sectors slowed to a growth rate of 1.9 per cent per annum between 2005 and 2010, compared to an average annual growth of 2.7 per cent between 2000 and 2005.
In industrialized countries, output from these sectors rose at the marginal rate of 0.3 per cent per annum between 2005 and 2010, compared to 0.8 per cent over the previous five years. In developing countries, growth slowed to 3.6 per cent per annum between 2005 and 2010, compared to an average annual growth of 5.0 per cent between 2000 and 2005.
Mining and quarrying produce goods through the extraction of minerals, such as coal and iron ore, petroleum and natural gas, as well as through the quarrying of stone, sand and other materials. Utilities are products, such as electric power, natural gas and water, which are supplied to consumers via permanent infrastructure, such as lines and pipes. The mining and utilities sectors are classified as industrial activities according to United Nations recommendations for industrial statistics.
UNIDO’s World Statistics on Mining and Utilities 2012 shows that while the utilities sector continued to grow at a healthy rate thanks to an increased demand for electricity and water supplies, mining activities have only shown a modest growth rate. However, in contrast to the overall slow pace of mining activities globally, a rapid growth in mineral products was observed in a number of countries belonging to the Commonwealth of Independent States (CIS), including Azerbaijan, Kazakhstan and the Russian Federation.
Mining and quarrying are also playing a dominant role in the natural resource-based economies of Africa. In Angola, Equatorial Guinea and the Republic of the Congo, its share of GDP is more than 50 per cent. Conversely, in many traditionally oil-producing Gulf countries, the mining sector’s share of GDP is decreasing, as a result of effectively implemented industrial diversification policies.
According to UNIDO estimates, organized sectors of mining and utilities provide more than 250 million jobs worldwide. However, the precise number employed in these sectors is difficult to measure, especially in the Gulf countries, due to a large number of immigrant workers for whom data are not adequately recorded.
World Statistics on Mining and Utilities is published by UNIDO every two years. UNIDO also publishes the International Yearbook of Industrial Statistics and disseminates several statistical products online.
World Statistics on Mining and Utilities 2012 is a joint publication of UNIDO and Edward Elgar Publishing Limited. ISBN 978 178100 728 0. It can be ordered from http://www.e-elgar.com/order_main.lasso
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