Do you own a mine, or are you seeking to get a new mine established? Whether you are an established mining company increasing your operations or a new enterprise that is just starting there will be many factors that you must consider. Primarily, you will need to be certain that you have the right location and that the mine will yield what you expect. Secondly, you must be sure that you have the right team assembled to work the mine and bring your product to the surface. However, none of that will matter unless your company also has access to a sufficient amount of the right mining equipment to allow work to proceed.
How can you choose equipment for your mine?
What counts as mining equipment is always going to be an open question. You will need mining equipment to help your team dig and extract what you are mining, you will also want mining equipment to help you carry away all of the spoil and eventually take it off-site. To make everything else work together, you will need plenty of electrical mining equipment as well. In some cases, you could think about buying the mining equipment that you need, but often, it makes more sense to think about renting it instead since will provide you with much greater flexibility.
Why renting your mining equipment makes the most sense
Buying mining equipment may seem like a good deal. It gives you complete access to the equipment to use in any way that you want with just a single payment. The problem with buying the mining equipment is that mining can be a tough industry and your mining equipment will easily pick up knocks and scrapes that will shorten their working life. You could need to buy bulldozers, haul trucks, loaders and maybe grading equipment as well as the electrical resources to allow you to keep working on a constantly changing site. As the site evolves, your needs are likely to change and your equipment needs will also alter. By choosing to rent your mining equipment, you can be sure of always having access to the latest equipment and having precisely the equipment that you need. You might need more earthmoving equipment for one month and more trucks the following month, while you might find that you suddenly need to provide power to an entirely new area of the site. Instead of constantly struggling to balance resources, renting mining equipment means that you can bring in what you need and send back other equipment rather than leaving it standing idle.
