Despite a few commodity price run-ups, miners continue to labour under a downturn, with most having to make adjustments in how they manage their mining equipment.
Where equipment four years ago was running full tilt as producers sought to maximize profits to capture high commodity prices, now much of that equipment is sitting idle, or “parked up” – waiting for the day when a resurgent iron ore, gold or coal price revs its engine back to life….
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