Mn Section B Mining
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Group 071 - Mining of iron ores

PSIC Group 071 covers Mining of iron ores. Direct children below it include Mining of iron ores. It clusters closely related activities and helps compare nearby classes before choosing the most defensible business...

Level Group
Hierarchy depth 3/5
Children 1
Last verified 2026-05-12
About this level

Practical summary

Group 071 sits in the PSIC 2019 hierarchy under B Mining and Quarrying > 07 Mining of Metal Ores. This group usually narrows the choice to a small family of classes such as Mining of iron ores. It is useful when two or three neighboring activities look similar but should not be collapsed into one code.

Administrative context

Where this code is used

This group is used when reviewers compare a short list of classes such as Mining of iron ores and need to decide which family is the closest fit. It is common in internal classification review and administrative lookup work.

Selection note

How to choose it

Use this group when the activity sits between similar classes such as Mining of iron ores. The safest choice is the one whose wording matches the actual production, service or operating model most closely.

FAQ

What does PSIC Group 071 cover?

PSIC Group 071 clusters a smaller family of classes under Mining of iron ores and is useful when the business sits between closely related options.

How do I compare Group 071 with sibling groups?

Look at the parent class and the nearby sibling groups. On this page, the most relevant nearby options are 072 Mining of non-ferrous metal ores.

Why is Group 071 useful for classification?

It sits at the point where a broad sector is already narrowed enough to compare a small family of similar classes before the final code choice.