Australian Market for Mining Equipment Forecasted to Remain Firm : Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research recently published its report on “Purchasing Trends and Intentions for Mining Equipment, Parts and Consumables in Australia, 2016” which provides an in-depth analysis of the mining industry in Australia. It provides a comprehension of current acquisition for mining equipment and service providers in Australian mining sector. It also talks about the future acquisition for purchasing and spending trends in areas like plant and heavy equipment, equipment parts and components, drilling and blasting consumables, maintenance services and IT software. On an average only 68% confirm a final decision regarding the purchase of a range of consumables and equipment at the mine site. Results show that as the size of the mining company decreases, these agreements become less frequent. Their biggest challenge is availability of parts, logistics and lead times, after-sales servicing and maintenance, and technical support. Outright purchasing is leading the way and is the most desired purchasing method. A general trend seen is that operation and maintenance is the favored contract designed for only heavy equipments purchased. The Australian mining industry remains gloomy as the prices for its three largest mined commodities iron ore, coking coal and thermal coal – all remained low throughout 2015 due to which its mining operations have continued to remain tight and continue to focus on cost-cutting to stay in global contention. The acquisition of mining practices is critical for mining equipment and service suppliers. To have an insight into the issue, Timetric surveyed 100 mine makers, maintenance and procurement managers between October and December 2015. Respondents were asked to make changes in both spending and purchasing sector. This report also talks about the types of service contracts that Australian miners might prefer for heavy mobile equipment. The biggest challenge is faced by the buyers and decision makers in sourcing the right product. For any industry to set up, analysis of its location is crucial for decision making. LionGold has interest in gold mining and exploration companies in Australia and Ghana. The Group’s wholly owned Australian subsidiary , Castlemaine Goldfields, produced approximately 45,000 ounces of gold in FY2015, contributing to SGD 73.0 million in revenue, LionGold through the process of acquiring gold mining assets is trying to be in the race of leading gold mining company. After the inexplicable crash of its share price in October 2013, LionGold’s Board took a step to re-strategize the Group’s portfolio of mining assets to rationalize, streamline and stabilize operations. Due to steady volatility that led to fall in gold prices, globally gold companies framed an expectation of high inflation, fall in value of assets and increase in development costs. Key Topics Covered in the Report: Detailed analysis of Australian mine industry Value and volume analysis for Australian mine market Historic and Forecast value analysis by category Retail landscape and key distribution channels To know more on coverage, click on the link below: https://www.kenresearch.com/metal-mining-and-chemicals/mining/purchasing-trends-intentions-mining-equipment/23551-101.html Related Reports: Precious Metals Mining in Turkey to 2020 – a Focus on the Gold Industry Tienlen Steel Corp JSC TLH-Company Capsule Base Metals Mining in Chile to 2020 – a Focus on the Copper Industry Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Post Views: 3 Tags: Australia Mining Equipment Market, Australia Mining Equipment Market analysis, Australia Mining Equipment Market Analysis by product, Australia Mining Equipment Market future, Australia Mining Equipment Market growth, Australia Mining Equipment Market research, Australia Mining Equipment Market Research Report, Australia Mining Equipment Market trends, Gold Mining Equipment market Australia, Market Share Mining Equipments Australia, Mining Equipment Market Forecast Australia, Mining Equipment Market research report, Mining Equipment Market share, Mining Equipment Market Size, Mining Equipment Rental Market Australia, Mining Equipment Suppliers Australia