Fast Market Research

Bulgaria Mining Report 2014 - New Study Released

New Materials research report from Business Monitor International is now available from Fast Market Research


Boston, MA -- (SBWIRE) -- 07/01/2014 -- Bulgaria's mining sector will remain a relatively small mineral producer in Eastern Europe focused primarily on supplying domestic industry. We forecast minimal production growth over the next five years. Bulgaria's mining sector value will grow very slightly from USD1.0bn in 2013 to USD1.1bn in 2018 . The country's main mineral commodities are coal and copper, with additional production of zinc, lead and gold.

We forecast Bulgaria's mining industry value to grow at an annual average rate of 1.2% from 2012 levels, reaching USD1.1bn in 2018, due to our expectations for weakening metals prices and little production growth. That said, modest interest in copper and gold resources could see increased investment in exploration and mine development in the coming years. Given its low domestic consumption needs, Bulgaria may find additional growth through mineral exports abroad to the rest of Europe. Bulgaria's mining sector will nevertheless remain quite small and account for around 2.0% of the economy.

View Full Report Details and Table of Contents

Though not a significant producer, gold exploration in Bulgaria is expected to remain strong. One trend we note across the Eastern Europe region is that despite having very small mining sectors, junior mining companies are investing in bringing older gold mines back into production and exploring for new deposits. Companies such as EurOmax Resources are raising capital to fund exploration and deposit development programmes in Bulgaria, which we believe could provide the sector with additional growth opportunities outside of copper and coal.

High Sector Consolidation

We expect Bulgaria's mining sector to remain highly consolidated within a few companies, given its small size and modest output. Copper and coal output are each dominated by a single company respectively, while gold exploration is more diversified across numerous junior exploration firms.

The Bulgaria Mining Report has been researched at source and features Business Monitor International (BMI)'s mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Bulgaria Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Bulgaria.

Key Benefits

- Use BMI's independent industry forecasts on Bulgaria to test other views - a key input for successful budgeting and planning in this mining market.

- Target business opportunities and risks in Bulgaria's mining sector through our reviews of latest mining industry trends, regulatory changes and major deals, projects and investments in Bulgaria.

- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity), Key Projects Tables and Competitive Landscape Tables.


BMI Industry View

Summary of BMI's key forecasts and industry analysis, covering mining reserves, supply, demand and prices, plus analysis of landmark company developments and key changes in the regulatory environment.

Business Environment Ratings

BMI's Mining Business Environment Ratings provide a country-comparative Risk-Reward Ratings index aimed at investors (mining companies and support service providers) in the regional mining market. The ratings methodology makes sophisticated use of over 40 industry, economic and demographic data points and is part of BMI's integrated Country Risk-Industry Ratings products.

Key Projects

Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by metal/ore.

BMI Industry Forecasts

Historic data series (2009-2012) and forecasts to end-2018 for all key industry and economic indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast. Indicators include:

- Mining Industry: Industry size (US$mn), real growth (%), % of GDP, employment ('000), workforce as % of total workforce, average wage (US$).

- Output:Production volumes ('000 tonnes, carats etc.) for all major metals, minerals, ores and gems mined in each state, including bauxite, copper, gold, coal, lead, silver, tin, titanium, uranium, zinc etc.

- Exports: Value of exports (US$mn) for all major metals, minerals, ores and gems mined in each state .

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 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:

- Namibia Mining Report Q3 2014
- Botswana Mining Report Q3 2014
- India Mining Report Q3 2014
- Japan Mining Report 2014
- Congo, Dem. Rep. Mining Report Q3 2014
- Mozambique Mining Report Q3 2014
- MENA Mining Report Q3 2014
- Romania Mining Report 2014
- Construction and Mining Machinery Market in Czech Republic to 2018 - Market Size, Trends, and Forecasts
- Global Construction and Mining Machinery Market to 2018 - Market Size, Trends, and Forecasts