Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2788 / ton 0.00%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

Collapse of equipment makers adds fresh evidence the mining boom is over

Cecilia Jamasmie | May 01, 2013 | 4:33 pm Australia Europe 

Recent earnings data from main heavy machinery companies such as Caterpillar (NYSE:CAT) Atlas Copco (STO:ATCO-B,A) and Sandvick (STO:SAND) show that the decade-long growth in the mining suppliers and equipment sector has come to and end. Major equipment and other supplies manufactures have seen...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now