Filings

Mentions of metaverse increased by a CAGR of 276% in the mining industry since 2020

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The global mining industry experienced a 276% rise in compound annual growth rate (CAGR) in company filings mentions of metaverse since 2020. Key companies in terms of mentions include Bonanza Goldfields, A-Mark Precious Metals, and Sibanye Stillwater, according to GlobalData’s analysis of over 150 mining company filings.

Notably, since 2020, metaverse was the most referenced theme in terms of mentions, ahead of blockchain, artificial intelligence and big data, according to GlobalData's Company Filings database. Mentions related to metaverse increased by 156% year-on-year in 2021 and by 452% year-on-year in 2022.

Top five companies by mentions of metaverse in the global mining industry since 2020   

Of the 50 leading companies in the mining industry, Wacker Neuson had the highest year-on-year increase in references to metaverse in 2022. GlobalData identified 3 metaverse related sentences in the company's filings in 2022, 1% of all sentences. Meanwhile, Companhia Siderurgica Nacional had the highest year-on-year increase in references for metaverse in 2021. GlobalData identified 2 metaverse related sentences in the company's filings in 2021, 4% of all sentences.

Company filings sentiment related to metaverse in the global mining industry since 2020

GlobalData’s Company Filings Analytics also applies a sentiment weight to reference sentences, based on how positive the sentiment has turned. Sentiment score is based on the level of positivity on a scale of 0 to 1. The average sentiment score for metaverse in 2022 was 0.75, which was more positive compared to the average industry sentiment of 0.62.

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

Global Data’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.