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Mining Equipment Trends

The mining equipment industry (MEI) is heavily dependent on equipment demand from coal and iron ore mining, both being highly equipment intensive, with over 30 per cent.

We have good market share in 14-20 tonne excavators and road equipment

Volvo operates only through dealerships and being a local dealer was advantageous for me, since Volvo has its manufacturing facility and head office in Bengaluru, says Vinayak Nayak, Managing Director, Encore Heavy Machinery Pvt Ltd.

Mining picks up in Bellary area

In Bellary district of Karnataka, mining activities have resumed gradually after lifting off the blanket ban imposed by the Supreme Court in July 2011. As many as 13 mines (11 in forest land and two in revenue lands) listed in categories A and B have started extraction of ore after implementing reclamation and rehabilitation (R&R) plans and obtaining all the statutory clearances.

MSPL resumes operation in iron ore mine

Leading iron ore miner MSPL's flagship open cast mine Vyasanakere Iron Ore Mine in Karnataka resumed operation recently after it completed the rehabilitation and reclamation measures prescribed by the central empowered committee (CEC). It may be recalled that the Supreme Court allowed category 'A' and Category 'B' mines in Karnataka to resume operation after completing Reclamation and Rehabilitation (R&R) works prescribed by the Monitoring

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