Mining Industry Issues and Opportunities

The Next Recession 2019 2020 2021 2022 Sometime after 2022 0% 10% 20% 30% 40% 50% 60% NEVADA Mining Association MINING INDUSTRY ISSUES AND OPPORTUNITIES Economists have predicted nine out of the last five recessions? Source: Wall Street Journal Survey of Economists Conducted May 4-8, 2018, 5/10/18 APPLIED ANALYSIS

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