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The factors that push and pull products and prices underpin procurement decisions from the buying desk to the C-Suite. That's why Tamarack tracks markets, shares leading insights, partners with organizations to dive deeper into the data, and develops proprietary information to follow - and lead - the market. 

Tamarack's members receive an enhanced monthly edition of our mining market intelligence and analysis, providing more data and deeper insight.  
TMSIndex

Tamarack Mining Supply Index: January 2022

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Index Movement
  • Mining Supply Index falls from 54 to 50 in December

  • Downward trend aligns with other falling economic indicators

  • January opens with more signs of recession in 2023

  • Geo-political tensions continue to impact markets

Headwinds 

  • High degree of volatility throughout the index and several categories

  • Tires, Industrial Supply, and Chemicals experienced declines across the board in December

  • Recession fears continue to haunt markets amid economic uncertainty

Tailwinds
  • Major Drilling performed well in the Drilling category, announcing new quarter results, an 18% revenue increase noting strong demand from the mining industry and investment in new and more efficient equipment

  • Contractor category performed well – Perenti releases included updated guidance, new contracts and contract extensions

  • Grinding media category performed well, and dividend announcements issued

Commodities

Commodities:  January 2023

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Should Cost Models

Cost Tracking Models: January 2023

Each model represents an estimated "should cost" based on its constituent components and inputs (i.e., commodity, labour, freight). 

Sample cost models based on delivery to specific locations. Please enquire with Tamarack to learn more.

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We're always tracking new commodities and markets and developing new models for our buying community and we'd love to hear from you. Have a suggestion for a model?  Know of a publicly traded company that should be included in our index?  

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Since 2001, ProPurchaser has been a trusted source for thousands of procurement professionals.  ProPurchaser tracks commodity cost drivers that affect suppliers' productions costs, and alerts members as changes occur.  When suppliers' costs fall, members use this information to negotiate lower prices; when costs rise, they fend off unsupportable increases.

Tamarack's members are eligible to a discounted rate on a ProPurchaser membership.

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