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The total value of the mining sector globally in 2014 was $1480 billion. Related to a world population of more than 7 billion in 2014 this equates to about $211 per person globally. Given that World Domestic Product was approximately $78 trillion in 2014, the market makes up about 1.9%of the global economy.
Players in the mining segment should focus effectively managing the environmental impact of their activities to avoid negative consumer sentiment.
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