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Global mining equipment demand will rise 4.9 percent annually through 2013. Gains will be driven by rising demand for commodities such as iron ore and copper, and the ongoing thirst for energy sources such as coal.

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Despite some short term weakness, the mining machinery market around the world is forecast to expand 8.6% per year through 2017 to $135 billion, according to the latest report from market research company the Freedonia Group.

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Global mining equipment demand will rise 4.9 percent annually through 2013. Gains will be driven by rising demand for commodities such as iron ore and copper, and the ongoing thirst for energy sources such as coal.

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The Mining Equipment includes the consumption of underground mining equipment and Surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts).

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Zijin Mining Group Company Limited . Zijin Mining Group is principally involved in gold mining and smelting, although it also deals in copper, lead, zinc, silver and even iron products in much smaller quantities. The company has a market cap of $10.22 billion.

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Global demand for specialized mining machinery and equipment will grow 5.9 percent annually through 2011. Gains will be fueled by continued demand for commodities such as iron ore and copper, and an ongoing boost in coal output.

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Demand for mining equipment in China is projected to grow 7.1 percent annually through 2013. Underground mining machinery will remain the largest product group, while crushing, pulverizing and screening equipment grows the fastest.

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World Mining Equipment - MarketResearch

ts the world mining equipment industry by market, product, and region. Data is provided in million US dollars. World mining equipment markets include: Metals Mining Minerals Mining Coal Mining Metals mining will continue to account for the largest share of equipment demand through 2019, comprising 43 percent of the market.

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Mining & Quarry World | Aug. 10, 2011, 10:00 AM | Maptek Establishes Scholarships at Colorado School of Mines Maptek has established two $2,500 scholarship awards for students at the Colorado School of Mines, in Golden, Colorado.