Procurement Market Intelligence Report
Mine Blasting Services
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Mine Blasting Services Global Overview
Definition
Summary
Mine blasting services, which may often be referred to as drilling and blasting services, are services that involve the controlled use of explosives to break or fracture rock for extraction. Mine blasting service providers either conduct or directly supervise the loading and detonation of all surface mine blasts and underground mine blasts. Key buyers of mine blasting services include coal mining firms, metallic mining firms, and nonmetallic mining firms.
This Report Includes:
- Coal Mining
- Metallic Mining
- Nonmetallic Mining
Not in this Report:
- Drilling Services
- Excavation Services
Global Mine Blasting Services Procurement Trends
Discover the top international trends affecting procurement in the global Mine Blasting Services market.
Warning Trends
United States postpones plans for sweeping tariffs on Canada and Mexico
- In February 2025, the United States announced 25.0% tariffs on imports from Canada and Mexico.
- Though initially set to take effect on February 4, 2025, the implementation of tariffs on Canada and Mexico has been postponed 30 days to allow for further negotiation.
- The tariff plan initially proposed by the US applies to all merchandise imported for consumption and applies in addition to other duties or fees that are in place, with limited exceptions.
- Providers in this market rely on input costs often sourced from an affected country. As such, ProcurementIQ will continue to monitor developments in this space and update analysis accordingly.
Global Mine Blasting Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1China | 3,170 |
| #2India | 2,425 |
| #3Africa & Middle East | 1,670 |
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Geography Drilldown - US
Average Cost of Mine Blasting Services
United States
2025 Market Pricing$300.00 to $XXX.XX
per 1,000 bank cubic yardsAverage Price
Prices in the Mine Blasting Services market range from $300.00 to $XXX.XX, depending on Geology, Type of Explosive and Complexity of the Project. For example, lower prices are associated with Low-density rocks requiring less powerful explosives ($300 to $500 per 1,000 bank cubic yards), whereas higher prices are associated with High-density rocks requiring stronger explosives ($500 to $870 per 1,000 bank cubic yards).
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Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Mine Blasting Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Mine Blasting Services market, prices in the US have grown 1.5% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
1.5%
Compound Annual Growth RateUnited States (2025-2028)
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Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Mine Blasting Services
Total cost of ownership is High in the Mine Blasting Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs.
Negotiated Before
Set Up Fees
Other Fees
Billed During
Disposal
Buyer Power in Procurement Negotiations
In 2025, buyer power amounts to -1.5 in the United States. Buyer power is most positively impacted by Switching Costs. It is most negatively impacted by Recent Price Volatility. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
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- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Explosives Manufacturers
- Truck & Bus Manufacturers
- Computer Stores
2nd
Tier Suppliers
- Organic Chemical Manufacturers
- Wire & Cable Manufacturers
- Ferrous Metal Foundry Product Manufacturers
- Industrial Machinery & Equipment Wholesalers
Biggest Mine Blasting Services Suppliers in the US by Revenue
The largest Mine Blasting Services vendors by revenue in the US are NorLand Limited, Ausenco Ltd. and Maxamcorp Holding Sl. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Maxamcorp Holding Sl | Global | Madrid, ES | 1,001-10,000 | 15-20 | ||||
| Orica Limited | Global | Melbourne, AU | >10,001 | 20-25 | ||||
| Incitec Pivot Limited | Global | VICTORIA, AU | 1,001-10,000 | 20-25 | ||||
| Major Drilling Group International | Global | Moncton, CA | 1,001-10,000 | < 5 | ||||
| NorLand Limited | Global | Burnaby, CA | 251-1000 | < 5 | ||||
| Ausenco Ltd. | Global | Wellers Hill, QLD | 1,001-10,000 | < 5 | ||||
| McCallum Rock Drilling, Inc. | Regional | Salem, OR | 101-250 | < 5 | ||||
| Maine Drilling and Blasting | Regional | Hartford, NY | 251-500 | < 5 | ||||
| American Mine Services, LLC | Global | Boudler, CO | 51-100 | < 5 | ||||
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Profit Analysis
The average profit margin across vendors in the Mine Blasting Services market is 8% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is stagnating, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Explosives manufacturers are major first-tier suppliers in the mine blasting service supply chain. Suppliers face a moderate level of risk from explosives manufacturers, primarily because of the rising costs of raw materials required for the production of explosives.
Vendors in this market exhibit a moderate amount of risk. In contrast to buyers with coal mining operations, buyers of mine blasting services that are involved in metallic and nonmetallic mining operations have steadier demand and less competition than coal mining.
Market share concentration for mine blasting services in the United States is high, with the market’s top suppliers accounting for between 45.0% and 60.0% of total market revenue.
As the United States is a net importer of prepared explosives, buyers may face greater exposure to currency exchange risks, shifts in trade policies, and overseas supply chain disruptions for key inputs.
Supplier Information
Maxamcorp Holding Sl
Maxamcorp Holding Sl is a private company operating globally in the mining and manufacturing sectors. The company's offerings include explosives, igniters and mine blasting services. Founded in 2006, the company is currently headquartered in Madrid, Spain with an estimated 5500 employees. Subscribe to learn more
Incitec Pivot Limited
Incitec Pivot Limited is a public company operating globally in the mining and manufacturing sectors. The company's offerings include explosives, igniters and mine blasting services. Founded in 1919, the company is currently headquartered in VICTORIA, Australia with an estimated 5500 employees. Subscribe to learn more
Orica Limited
Orica Limited is a public company operating globally in the mining and manufacturing sectors. The company's offerings include explosives, igniters and mine blasting services. Founded in 1874, the company is currently headquartered in Melbourne, Australia with an estimated employee count of over 10,000. Subscribe to learn more
Aggregate Resource Industries, Inc.
Aggregate Resource Industries, Inc. is a private company operating regionally in the mining sector. The company's offerings include mine blasting services. Founded in 1978, the company is currently headquartered in Springfield, Oregon, United States of America with an estimated 175 employees. Subscribe to learn more
American Mine Services, LLC
American Mine Services, LLC is a private company operating globally in the mining sector. The company's offerings include mine blasting services. Founded in 1967, the company is currently headquartered in Boudler, Colorado, United States of America with an estimated 75 employees. Subscribe to learn more
Maine Drilling and Blasting
Maine Drilling and Blasting is a private company operating regionally in the mining sector. The company's offerings include igniters and mine blasting services. Founded in 1966, the company is currently headquartered in Hartford, New York, United States of America with an estimated 375 employees. Subscribe to learn more
McCallum Rock Drilling, Inc.
McCallum Rock Drilling, Inc. is a private company operating regionally in the mining sector. The company's offerings include mine blasting services. Founded in 1988, the company is currently headquartered in Salem, Oregon, United States of America with an estimated 175 employees. Subscribe to learn more
Ausenco Ltd.
Ausenco Ltd. is a private company operating globally in the mining sector. The company's offerings include mine blasting services. Founded in 1991, the company is currently headquartered in Wellers Hill, Queensland, Australia with an estimated 5500 employees. Subscribe to learn more
NorLand Limited
NorLand Limited is a private company operating globally in the mining sector. The company's offerings include mine blasting services. Founded in 1954, the company is currently headquartered in Burnaby, British Columbia, Canada with an estimated 625 employees. Subscribe to learn more
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Procurement Management KPIs for the Mine Blasting Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Cash Flow and Customer Retention Rate. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Safety and Compliance Standards and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Cash Flow | Total cash inflows Total cash outflows | Vendors generating positive cash flows are preferred because it signifies a higher level of profitability and solvency of the vendor. These factors minimize the risk of a supplier abruptly exiting the market. | |
| Customer Retention Rate | Client testimonials Press reports | Vendors with a higher customer retention rate indicate a higher quality of service. The customer retention rate can determine the extent to which a company’s customer base fluctuates over time. | |
Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Safety
Have all of your blast engineers been properly certified to operate explosives and are their certifications up to date?
What accidents, if any, have occurred while your company was blasting?
Supply Chain Risk
Who do you get your explosive supplies from?
Have there ever been any delays in receiving explosives from a supplier?
Experience and Expertise
What type of software and technology does your company use to plan a blast?
How do you ensure the efficiency of your blasts?
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Mine Blasting Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe their organization(s) and the scope of their operations.
Buyers should provide details regarding the location at which the services will take place.
Statement Of Need
Buyers should state the specifics of their operations and at what stage blasting services will be required.
Buyers should provide details regarding the mining operation, including the geological makeup of the mine and the dimensions and layout of the mine.
Project Budget
Buyers should state their total budget for the project described in the RFP.
Buyers should state their payment expectations, stating the method in which they will be paying for these services as well as the frequency of payments.
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Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
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