The Mining Industry Including the Mining Equipment Sector Has been Progressively Growing

Since 2003, the mining industry including the mining equipment sales sector has been progressively growing. And last year, this sector which includes the mining equipment sales sector, registered impressive figures:

Mining Gross Production Value: PhP97.41 billion (US$2.11 billion)
Mining’s Contribution to GDP (current prices): US$ 1.96 billion (1.4%)
Total Exports of Minerals and Mineral Products: US$2.548 billion (5.2%)
Taxes, Fees and Royalties from Mining: PhP10.4 billion
Employment in Mining (and Quarrying): 149,000

Gold Steadies as Used Mining Equipment for Sale Rise

Gold barely moved on Friday, having risen more than 2% in the previous session. Meanwhile, used mining equipment for sale trading rose as the euro weakened against the US dollar and equities markets extended losses on worries about a global recession.

But the yellow metal could find support from jewellers as the wedding season progresses in main consumer India where used mining equipment for sale are also strong. Platinum hit a 3-week low on fears of falling demand for autocatalysts, which account for more than 60% of global use.

Used Construction Equipment for a $25 Million General Cargo Wharf

The New South Wales government has awarded Australian company BMD Constructions, which will also be using used construction equipment, the tender for construction of a $25 million general cargo wharf that will assist trade diversification in Newcastle Port. Used construction equipment are distributed worldwide to meet heavy construction requirements.

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.