US Mining Industry | Mining in America - Industry Statistics (2024)

The US mining industry is something that has been around for hundreds of years and a major contributor to industry production. From the glowing early years to the tougher times that have come in the 21st century, this industry continues to experience a few downward trends, but brighter times are coming in the future. For one, production numbers for the mines are strong and steel, for example, is in high demand.

The US mining industry has survived downward shifts in industry and even the pandemic by changing and adapting as times evolved. Fact remains, the products produced through mining provide the foundation for nearly all manufacturing. 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)

We’ll be taking a look at all there is to know about the US Mining Industry, beginning by looking at the past and ahead to the future.

US Mining Industry | Mining in America - Industry Statistics (1)

A Brief History of Mining

Mining in the USA is something that can be traced all the way back to colonial times, however the rich history of mining begins in the 1800s. During the 19th century there were many discoveries in the mining industry, and as new minerals were discovered, this industry really began to expand. This is what led to the mining rushes of the 19th century.

While the 19th century leading into the 20th century was one of the most successful periods for the US mining industry, it also brought with it some massive disasters. Over these years, thousands of miners would die at work, with the most notable disaster being the Monongah coal mine disaster.

A lot of these disasters were associated with the processes used during mining at this time. Healthy and safety laws were pretty much non-existent, and employee care was negligible to say the least. This paired with mining practices that were unsafe led to many disasters. But thankfully, the technological changes in mining have made a big difference.

Technological Changes in Mining Through the Years

The 20th and 21st century have been some of the most innovative in human history. This innovation has led to mining being a much safer profession than it once was. These changes along with advances in health and safety regulations and laws has had a huge impact on mining, and it has made it almost unrecognizable from the mining practices of the 19th century.

But, the thing that has had the biggest impact on mining is the technological changes that have occurred in this profession. Now, a lot of the work that is required to get to the materials that are being harvested is completely by heavy machinery. With machines that dig, crush, excavate, and lots more, there is less requirement for miners to put themselves into potentially fatal positions. Instead, they are taught how to handle this machinery.

Here are just a handful of the technological changes that have completely transformed the mining industry:

  • Explosive Tools – While explosives have been used in mining for many years, advancements have meant that blasts within mines can be controlled. This greatly reduces the risk of mine collapses and injury to employees.
  • Drills – Instead of picks and hammers, drills are now used in mining. Most of the time, these drills can work on their own, and there is no need for employees to even be in the mine when they are operating. Instead, these drills can be controlled from above ground.
  • Conveying Equipment – Conveyor belts have always been used in mines, but modern advancements mean that these belts can measure output by weight and material.

US Mining Industry | Mining in America - Industry Statistics (2)

What Resources are Most Commonly Mined in the USA?

The US mining indstry is massive, and it is hardly surprising when you take into account the sheer size of the USA. Due to this, there are lots of different things that are mined in the USA.

As you would expect, the most mined commodity in the USA is coal. But some of the other resources that are commonly mined in the USA include crushed rock, cement, gold, construction and industrial sand and gravel, iron ore, copper, and lots more. All of these resources combined have led to the US mining industry being worth an estimated $82.3 billion in 2020. These different mines are located all across the country with different areas specializing in different resources.

The mining industry in the USA is incredibly important. Not only does this industry generate a lot of income for the country, as well as offering employment to many people, but it is also indispensable because of the amount of minerals consumed by the USA. Yes, the USA is one of the largest mineral producers, but it is also one of the largest consumers too. So, if the US mining industry ceased to exist, the US would not only be hit financially, but also from a consumer perspective too.

In its early days, the US mining industry was incredibly successful. But over the years, particularly in recent years, as economic shocks and global crises (such as global warming) have become known, the industry has been knocked. In 2015, the US mining industry was worth an estimated $109.6 billion, but in the years after this the value had dropped. Thankfully, the 2020 valuation of the industry suggests that things are improving, and that there are positive times ahead for this industry.

The Future of the US Mining Industry

You only have to take a look at the rich history of the US mining industry to know that there are big things to come for this industry. There are lots of ways that this industry could change, and it is likely that technological advancements will have an influence on this. But outside of technology, what could change for the industry?

Gender Equality

Women have been working in mines since the 1980s and 90s, but gender equality has always been something that is lacking in this industry. Traditionally, female employees would have to wear men’s clothing and would be treated unfairly in comparison to their male counterparts. The mining industry is still a male dominated industry, so perhaps this is something that will change in the future.

Renewable Energy

Due to their remoteness, most mine operations in the US are heavily dependent on fossil fuels such as diesel, heavy oil fuels, and coal, for on-site generation. In principle, mining could use many clean energy solutions such as energy efficiency, energy recovery, renewable energy, and carbon capture. A combination of clean energy technologies would be required to fully address energy-related challenging facing the mining industry. As increased pressure for reducing environmental impacts continues, new mining technology is examining ways to incorporate renewable resources to help with material extraction and processing.

Use of Contractors

Contractors are also something else that have been used in mining frequently over the past 50 years. But in the future, it is likely that the use of contractors, like AMS a mining servicies company, is something that will increase. Especially in civil mining. With contractors providing such outstanding and safe services, it is easy to see that the use of dependable contractors is something that will increase going into the future.

US Mining Industry | Mining in America - Industry Statistics (3)

US Mining Industry – American Mine Services

There is no denying that the US mining industry is important. Even though this industry has been through difficult times in the past few decades, it is clear that things are looking positive moving into the future. American Mine Services seeks to incorporate the latest technologies and practices for viable solutions at mining sites across the nation. This can be anything from improving ground support to creating innovative solutions to mining rehabilitation. All of which serve to reduce the impact of mining on the environment and work to reconcile the effects of mining. Contact us today to learn more about our mining services in the US.

US Mining Industry | Mining in America - Industry Statistics (2024)

FAQs

How big is the Mining industry in the USA? ›

Accordingly, the value added by the mining industry to the U.S. economy from the 12,563 active mines in the country as of 2022 amounted to over 78 billion U.S. dollars.

What is the #1 mineral mined in the US? ›

Coal is the most mined commodity in the U.S. According to the Annual Coal Report, the U.S. produced 594.2 million tons of coal in 2022.

What percentage of people work in the Mining industry? ›

Mining labor constitutes less than one quarter of one percent of the available U.S. workforce; yet this small workforce is the starting point for a value chain that consistently contributes 13 to 14 percent of the U.S. economy.

What is the biggest mining company in the USA? ›

The leading United States mining company based on revenue as of 2024 was Freeport-McMoRan. At that time, the company's revenue during the most recent fiscal year amounted to nearly 23.8 billion U.S. dollars.

Which country has the largest mining industry? ›

China is the world's largest producer of coal, gold, antimony, magnesium, tin, zinc, manganese and tungsten. It leads in barite, fluorspar, graphite, molybdenum, phosphate rock, strontium and lead reserves as well.

What is the most common type of mining in the US? ›

While there are numerous types of mining processes, the most common is surface mining. Other types of mining include underground mining, placer mining, and in-situ mining. There are advantages to each as each uses specialized equipment suited for a variety of purposes.

What are the economic contributions of US mining? ›

These mine operations provide the energy resources and raw materials that are essential to a growing economy. U.S. mining directly and indirectly generated more than 1.2 million full-time and part-time jobs in 2021, including employees and the self-employed. U.S. mines accounted for 459,000 jobs.

What is the rarest mineral to mine? ›

Painite : Not just the rarest gemstone, but also the rarest mineral on earth, Painite holds the Guinness World Record for it. After its discovery in the year 1951, there existed only 2 specimens of Painite for the next many decades.

Why doesn't the US mine rare earth minerals? ›

“Rare earths aren't exactly rare. But they're rarely found in high concentrations, so mining for them often isn't economically viable.”

Which state is the richest in minerals? ›

According to the latest reports Orissa is known as the Mineral State of India where mineral production from the Orissa state is nearly half the production rate of Mineral Production throughout India.

What percentage of the US economy is mining? ›

The mining sector employed approximately 606.9 thousand jobs, or 0.5 percent of all total nonfarm employees in 2023, and contributed 1.4 percent to GDP.

What state has the most mining jobs? ›

West Virginia was the state with the most coal-mining jobs in the United States, with some 12,997 employees in 2022.

Which country has the largest Mining industry? ›

China is the world's largest producer of coal, gold, antimony, magnesium, tin, zinc, manganese and tungsten. It leads in barite, fluorspar, graphite, molybdenum, phosphate rock, strontium and lead reserves as well.

What is the current state of the Mining industry? ›

The current state of mining and the Canadian economy is strong. In 2022, mining, quarrying and oil and gas extraction represented 7.8% of Canada's gross domestic product (GDP). The sector made up a larger portion of Canada's economy than finance, construction, transportation or retail trade.

How many mines are active in the USA? ›

In 2000 there were approximately 14,400 mines that were active in the United States. This number decreased gradually year-over-year, to 12,563 active mines in 2022. Sand and gravel mines were the most numerous type of active mine in the U.S., with 6,205 active mines in 2021.

What is the size of the mining market? ›

The revenue of the top 40 global mining companies, which represent a vast majority of the whole industry amounted to a record 943 billion U.S. dollars in 2022. The net profit margin of the mining industry decreased from 25 percent in 2010 to 14 percent in 2022.

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