The Parker Bay Company specializes in providing individualized market research, marketing database development, customer surveys, business planning and related consulting work for companies in the surface/open pit mining, mining equipment industries.
One of the specialties of The Parker Bay Company is a unique database that identifies the location of 70,000 large pieces of surface mining equipment in current operation at large surface mines worldwide. It is both mine- and machine-specific, identifying mines that operate large haul trucks, electric mining shovels, hydraulic shovels/excavators, wheel loaders, draglines, crawler and wheel dozers, drills, and motor graders.
Discover the location of over
|Extensive data on over 1,400 active surface mines worldwide and mining equipment valued at more than US $150 billion. This information resource is available to clients through a carefully controlled subscription service with numerous options depending on the level of detail and analysis required.|
Equipment Deliveries up in 4th Quarter. (February 6, 2015)
The final quarter of 2014 offered further evidence that the worst may indeed be behind us as we noted last quarter. Fourth quarter shipments were up 3% over the previous quarter. While by no means the swift recovery we saw in 2009, it is nonetheless a positive sign for the industry. Unit deliveries were 2% higher than Q3 and more than 13% above the second quarter.
But despite the positive finish to 2014, year-over-year shipments were down nearly 40% and more than 63% compared to 2012 deliveries. Replacement demand remains a key factor with few shipments to new operations. Depressed mineral prices continue to impede a strong return to growth but barring a significant drop in mineral production, the mining equipment market could continue its slow recovery in just maintaining the existing stock of equipment.
Visit the Surface Mining Equipment Index page for more information on the evolution of mining equipment shipments through Q4 2014.