If you follow the international mining trade, you are no doubt already aware that there has been some serious mining equipment drama lately. Who knew there was so much global turmoil surrounding the mining sector?
Apparently, the recent efficiency dip in the Australian mining sector is all thanks to mining equipment. At least, according to PricewaterhouseCoopers, who claim that the efficiency of iron ore equipment alone has dropped by 40%. This may not be just a local problem, however. PwC leader Jock O’Callaghan states: “That compares to the world wide trend which is no where near as steep decline and the world wide iron ore trend, which has now crossed over and is performing better than Australian iron ore.” This is something to keep an eye on in the months to come.
In South Africa
Operations at Bokoni Platinum Mine were suspended early in October while investigators looked into the death of Bernard Moropane, but the investigation was not enough to appease local friends and relatives of the deceased: “On Monday, Limpopo police said the house of a chieftain was set alight and Bokoni Platinum mine equipment destroyed outside Burgersfort” (Business Report). It should be noted that while we extend our condolences, we do not think it is appropriate to destroy valuable mining equipment or burn down houses.
No matter where you are in the world, remember that we carry a full complement of OTR tires for all of your mining equipment needs. Feel free to contact us for the best deals.