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Industry Trends. Mining Equipment Market size exceeded USD 70 billion in 2020 and is expected to grow at around 5% CAGR between 2021 and 2027. The global shipments are …


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Peraza Appointed Regional Sales Manager, Mining & Industrial

Derrick ® Corporation announced today the appointment of Rafael Peraza as Regional Sales Manager, Latin America, Mining & Industrial Division. He is based in …


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Mining equipment in Latin America: What does the future hold?

According to reports, the global mining equipment market will grow at a moderate CAGR of 8.6 percent from 2012 and 2018, and be worth $117 billion by 2018. Latin America is expected to be a major driver for this growth. Major players


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Mining equipment in Latin America: What does the future hold?

Despite recent struggles in the mining sector, Latin America continues to be an important destination for mining investment, exploration, development and equipment manufacturing. During 2013, Latin America produced approximately eight percent of the global demand of mining machinery, according to data from Future Market Insights, and its …