The Parker Bay Company

08/14/2019

Mining Equipment Numbers are leveling off for the first half of 2019, it isn't clear yet if this is a market contraction or a pause in a larger growth cycle. To learn more about market trends click our link below

Activity in the large mining equipment sector has clearly leveled off during the first half of 2019 after three years of recovery and expansion. In our opinion, it’s not clear yet whether this represents the beginning of a market contraction or simply a pause in a longer-run growth cycle. Mineral ...

05/19/2019

The Parker Bay Company recently put out our quarterly report and index. ..First quarter 2019 mining equipment deliveries indicate a marked slowing in the volume of shipments and a 5% decline in the value (the latter being our rough estimate based on approximate prices by product/size-class). In total, unit deliveries were up by just five machines vs. Q4 2018 (+0.4%). At the same time, Q1 shipments were more than 10% higher than Q1 2018. And it should be remembered that...
Read More Here http://parkerbaymining.com/industry-information/surface-mining-equipment-index.htm

03/28/2019

During the nearly decade-long SuperCycle that ended in mid-2012, twelve countries accounted for just over 80% of all shipments led by Australia (80%), the U.S. (12%), Indonesia (11%), Russia (9%), Canada (8%), and Chile (8%). ... The three largest Eastern Hemisphere markets - Russia, Indonesia and Australia accounting for fully half of all global shipments since mid-2016 vs 38% during the SuperCycle. To read more please see our press release here.
http://parkerbaymining.com/newsandfeatures

03/19/2019

Parker Bay was referenced recently in Mining Journal, read the entire article here...

2018 full-year shipments up 35% vs 2017

03/14/2019

International Mining wrote in article about Parker Bay's latest press release... see full article here

In it latest report covering Q4 2018, Parker Bay Company says the market for large-scale surface mining equipment continues the recovery/expansion that began in the second half of 2016, with the gains recorded in Q4 2018 nearly three times the level reached at the bottom of the four-year long contra...

03/13/2019

Here is an excerpt from a 4-page news release we distributed to print and internet media sources.

The market for large-scale surface mining equipment continues the recovery/expansion that began in the second half of 2016, with the gains recorded in Q4 2018 nearly three times the level reached that the bottom of the four-year long contraction that ended in mid-2016. On a year-over-year basis, deliveries of trucks, excavating/loading equipment and related mobile mining equipment recorded a 35% gain. Viewed in the context of quarterly growth, units shipped increased by just 1% over Q3 while value of these deliveries increase by close to 6%... click on the link below to read the full press release http://parkerbaymining.com/newsandfeatures

If you have any questions about this news release, the index itself, or our Database service, please contact us.

02/13/2019

We at the Parker Bay Company just put out our 2018 end of year Mining Equipment Index.
Here is a little preview, Globally, a total of 1,221 units were delivered in Q4 2018. This represents only a 1% increase over the revised Q3 total but more than 30% vs. Q4 2017. However, the value of Q4 shipments increased by a more substantial 5.6% over Q3 as miners shifted some capex to larger-scale equipment, something that has lagged during the recovery/expansion to date.
If you would like to see more please visit our website... http://parkerbaymining.com/industry-information/surface-mining-equipment-index.htm

01/31/2019

Our Senior Associate, Matthew Gilewicz speaking with Wallenius Wilhelmsen on market trends... please click on link below for more information.
https://www.2wglobal.com/news-and-insights/articles/features/which-market-trends-will-affect-the-mining-equipment-industry-in-2019/

01/31/2019

The Parker Bay Company at the 2016 MINExpo.

01/22/2019

The Parker Bay Company's corner booth at MINExpo 2012, September 24th-26th.