As mining companies reinforce their push to minimise costs, original equipment manufacturers (OEMs) are at risk of losing market share if their product quality, after sales services and inventories, is not improved.
Original equipment manufacturers (OEMs) must support mining companies in Europe and the former Soviet Union with cost reduction or risk losing their market share, finds a new survey by Timetric’s Mining Intelligence Center (MIC).
According to Timetric’s Mining Intelligence Center (MIC), Asian mines are transitioning towards digital mining, as demonstrated by continuing investment in design software and mine surveying.
Australian miners predict expenditure cuts in plant and heavy equipment, while consumables, parts and explosives spending remains more stable, finds new Timetric report.
Collision avoidance is one of the top areas for planned technology investment in Australian mining in the next two years, finds new report by Timetric.