Heavy equipment for sale to Green Square Town Centre in Sydney
A partnership between Mirvac and Leighton’s property development arm, Leighton Properties, is looking for heavy equipment for sale as it has been selected as the preferred tenderer to partner with the New South Wales government to deliver the first phase of the $1.7 billion Green Square Town Centre in Sydney. This project will look at a lot of heavy equipment for sale.
Construction equipment skills needed for the next market upturn
The non-profit construction industry skills organisation SkillsDMC has urged the civil infrastructure and resources industries like construction equipment providers to use the economic slowdown to strengthen and develop their workforce to effectively operate construction equipment for the next market upturn.
Latin America’s coal consumption and use of mining equipment
Energy Tribune reported that the impressive growth of Latin America’s coal consumption and use of mining equipment in recent decades reflects three key factors like the region’s expanding economy, its failure to integrate neighboring electricity markets and a tendency to depend heavily on one power source which is coal - which requires mining equipment. There is no reason Latin America should be looking overseas for fuel supplies, since the region has an abundance of hydro potential, natural gas, uranium and oil. But coal, both imported and to a lesser extent, regionally mined, is playing an increasingly important role in the region’s energy sector and will continue to expand.
Philippine Mining Industry Targets China and Dubai for Investments and to Buy Used Mining and Construction Heavy Equipment
The Philippine mining industry is targeting China and Dubai for investments amid the slowdown in western markets due to the ongoing financial crisis. One of the business sectors to benefit from this is the used mining and construction heavy equipment suppliers.
Environment Secretary Lito Atienza said they hope to forge deals in a mining conference to be held in Beijing, China from November 10 to 13. He added a number of Dubai-based mining firms will also visit the Philippines this month to study their prospects and also look at used mining and construction heavy equipment for sale.
Atienza said contractors in Dubai are interested in iron, copper and gold mining in light of massive construction works in the country. He noted Middle East countries have become big markets for metallic minerals which are used for making steel and other construction materials.
Atienza said the government is enticing foreign investors to put their money in mineral extraction as well as production and processing."Even for Middle East companies, we’re not interested in allowing them to just extract minerals," he remarked.
The government is expecting mining investments to hit $829 million by the end of the year, up by 25 percent from the $664 million in 2007 but below the full-year target of $1 billion. Investments for the first half already reached $260.6 million.
Mines and Geosciences Bureau director Horacio Ramos said the government expects mining investments in the second half of 2008 to reach $565.5 million, comprising capital poured into 40 projects, including Atlas Consolidated Mining's Carmen copper mine and Sumitomo Metal's expansion of its Rio Tuba nickel plant.
He added some of the planned investments that did not push through this year may be realized in 2009, thereby raising investments next year to around $2 billion.
Environment Secretary Lito Atienza said they hope to forge deals in a mining conference to be held in Beijing, China from November 10 to 13. He added a number of Dubai-based mining firms will also visit the Philippines this month to study their prospects and also look at used mining and construction heavy equipment for sale.
Atienza said contractors in Dubai are interested in iron, copper and gold mining in light of massive construction works in the country. He noted Middle East countries have become big markets for metallic minerals which are used for making steel and other construction materials.
Atienza said the government is enticing foreign investors to put their money in mineral extraction as well as production and processing."Even for Middle East companies, we’re not interested in allowing them to just extract minerals," he remarked.
The government is expecting mining investments to hit $829 million by the end of the year, up by 25 percent from the $664 million in 2007 but below the full-year target of $1 billion. Investments for the first half already reached $260.6 million.
Mines and Geosciences Bureau director Horacio Ramos said the government expects mining investments in the second half of 2008 to reach $565.5 million, comprising capital poured into 40 projects, including Atlas Consolidated Mining's Carmen copper mine and Sumitomo Metal's expansion of its Rio Tuba nickel plant.
He added some of the planned investments that did not push through this year may be realized in 2009, thereby raising investments next year to around $2 billion.
Philippine Mining Sector Strong - Used Heavy Equipment for Mining and Construction for Sale
The Philippine mining sector is going strong amidst the global economic crisis requiring heavy equipment for mining and construction.
Used Komatsu, Caterpillar and other mining and construction heavy equipment are well sought in the Philippines. The report quoted Mr Horacio Ramos head of the mines and geosciences bureau as saying that investments for the whole of 2008 are expected to reach over USD 826 million. Although this is USD 174 million short of the USD 1 billion target for the year, he said that "despite this economic turmoil, there is no scaling down of investment." Investments for the first half of 2008 reached USD 260.6 million. The Philippines aims to attract around USD 10 billion into the mining industry by 2011.
Used Komatsu, Caterpillar and other mining and construction heavy equipment are well sought in the Philippines. The report quoted Mr Horacio Ramos head of the mines and geosciences bureau as saying that investments for the whole of 2008 are expected to reach over USD 826 million. Although this is USD 174 million short of the USD 1 billion target for the year, he said that "despite this economic turmoil, there is no scaling down of investment." Investments for the first half of 2008 reached USD 260.6 million. The Philippines aims to attract around USD 10 billion into the mining industry by 2011.
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