Future Of Mining > Investment

Capital swings back into mining fleets: Gilewicz

As with the outlook for mineral exploration spending in 2018 there is increasing optimism about capital investment in equipment fleets, with market research leader, US-based Parker Bay Company, declaring this week it was seeing more signs of “a sustained and growing recovery and expansion of mining and equipment markets worldwide”.

Staff reporter

Future Of Mining > Investment

Capital swings back into mining fleets: Gilewicz

As with the outlook for mineral exploration spending in 2018 there is increasing optimism about capital investment in equipment fleets, with market research leader, US-based Parker Bay Company, declaring this week it was seeing more signs of “a sustained and growing recovery and expansion of mining and equipment markets worldwide”.

Staff reporter

Capital swings back into mining fleets: Gilewicz

Outlook brightening for mining capital equipment makers

PBC's veteran market expert Peter Gilewicz says third-quarter shipments of large surface mining equipment rose 10% which, combined with higher deliveries in the previous quarter meant activity in this part of the market was probably at double the levels of the Q2 2016 cyclical bottom. But also still more than 60% below the peak market level reached in 2012.