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Development mining vs. production mining There are two principal phases of underground mining: development mining and production mining. Development mining is composed of excavation almost entirely in (non-valuable) waste rock in order to gain access to the orebody.

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Industry Insights. The global mining equipment market size was valued at USD 120.82 billion in 2017 and is anticipated to record a CAGR of 11.7% during the forecast period.

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