Having reached what appears to have been "rock bottom" of the severe, four-year contraction in large equipment deliveries, shipments of large mobile surface mining machines during the last calendar quarter of 2016 (as measured by Parker Bay's Mobile Mining Equipment Index) increased by almost one-third, with aggregate value increasing by 28% on the September quarter. Coupled with a myriad of other markers of mining industry improvement, this may well signal the beginning of a sustainable growth cycle. Minining Magazine presents some key statistics...
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