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Coal India to procure mining equipments in three years ...The Coal India has decided to procure mining equipments worth USD two billion through global tender over the next three years to ramp up coal production to meet the growing demand. "We'll procure mining equipments of Rs 12,00013,000 crore in the next three years," .
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Mining WikipediaMining is the extraction of valuable minerals or other geological materials from the earth, usually from an orebody, lode, vein, seam, reef or placer deposit. These deposits form a mineralized package that is of economic interest to the miner.
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Surface Mining Equipment Index – The Parker Bay CompanyThe recovery on mining equipment demand/shipments appears to be continuing but is not so strong as to consistently produce the gains recorded at the end of last year. 4th Quarter 2016 Fourth quarter surge in shipments of large mining equipment may signal sustainable market recovery.