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.
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Tamarack Mining Supply Index: January 2022

Index Movement
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Mining Supply Index falls from 54 to 50 in December
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Downward trend aligns with other falling economic indicators
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January opens with more signs of recession in 2023
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Geo-political tensions continue to impact markets
Headwinds
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High degree of volatility throughout the index and several categories
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Tires, Industrial Supply, and Chemicals experienced declines across the board in December
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Recession fears continue to haunt markets amid economic uncertainty
Tailwinds
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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
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Contractor category performed well – Perenti releases included updated guidance, new contracts and contract extensions
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Grinding media category performed well, and dividend announcements issued
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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