Mining And Quarrying Trends In The Metals And Industrial Minerals Industries - Mining And Quarrying Trends

This chapter includes tables from 1984 that were not available in time for publication of the 1984 Minerals Yearbook, but does not include corresponding tables for 1985. The value of raw nonfuel minerals produced in the United States during 1985 was estimated at $23.2 billion, an increase of $0.07 billion over the value for 1984. This is the third consecutive year that the value has increased, and except for a decrease in 1982, the value for each year has increased since 1971, or 13 out of 14 years. However. while the value of industrial minerals production continued to grow, reflecting the growth of the domestic economy, the value of metal mine production decreased in 1985 by 6%. This drop was more than offset by a 3% increase in the value of industrial minerals production because the value of industrial minerals produced was more than three times larger than the value of metals. The decrease makes 1986 the third year in the past 5 years in which a drop in the value of metal mining production occurred in the United States where production continued to lag behind growing world production. Domestic production of such major commodities 88 aluminum, copper, iron ore, phosphate rock, and zinc continued to decline owing to a number of international and domestic factors. Gold continued to be the most active commodity in the domestic metal mining industry. Despite lower prices, gold output increased to 2.5 million troy ounces, a 19% increase over that of 1984. The estimated annual production capacity of new gold mines beginning production exceeded 1 million ounces.