- Prices of metals and minerals such as aluminum, copper, iron ore, lead and zinc are up 9% in the first quarter of 2017, as compared with the fourth quarter of 2016
- Precious metals such as gold, platinum and silver have increased in value by nearly 2% over the same period
- Mines will not simply return to business as usual as the industry improves, as all are under considerable pressure to significantly increase operating efficiency
- Technologies that assist in reducing cycle times, increasing precision and reducing staff size requirements will be important investments for mines, moving forward
- Pent-up demand for new equipment is likely to translate into wins for heavy equipment manufacturers and dealers in coming months