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    Miine price declined in the past year

    By the end of 2014 the mining industry's combined market capitalization was estimated in a bit under US$1,300 billion, compared with over US$1,343 billion at the end of November and more than US$2,000 billion back in February 2012, the firm says.And while SNL's indexed metals price improved slightly in December, ending a four-month decline, the net positive value of the industry's project milestones in 2014 was only US$501 billion, compared with US$645 billion in 2013. In a gloomy, but telling summary: the mining industry has just suffered its fourth consecutive year of declining net milestone values.
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