European auction to see record levels of mining equipment offered

Auctions are an increasingly used way of trading smaller to mid-range classes of mining equipment through groups such as Ritchie Bros with public auctions that see both online and onsite bidders and also online focussed auctions such as Iron Planet; both of whom had stands at Intermat 2012. Ritchie Bros, the world’s largest industrial auctioneer, is to sell more than 1,600 industrial equipment items and trucks to the highest bidders in an unreserved public auction to be held in Moerdijk, Netherlands on April 19 / 20. The auction offers online and on-site bidders a variety of heavy equipment and trucks, including two 2008 Caterpillar 16M VHP motor graders, four 2008 Caterpillar 777F trucks, two 2008 Caterpillar 992G wheel loaders, a 2007 Caterpillar 824H wheel dozer and two low hour 2008 Atlas Copco DML crawler rotary drills. (more…)