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News South Africa

Clear Asset to auction mining equipment

Mining specialist auction house Clear Asset has announced that a wide range of mining assets are set to go on an online auction on 27 February.
Clear Asset to auction mining equipment
© Eunikas – Fotolia.com

During the early February auction multiple original equipment manufacturer (OEM) assets found their way overseas. Sales included nine Volvo ADTs which attracted extensive interest, with five international bidders from four continents bidding on each item.
Interest in such assets has been high as the weaker rand bodes well for mining houses looking to monetise their assets.

Variety of machinery

The upcoming online auction features mining assets such as excavators, graders, tippers, rollers, tankers and various others vehicles and machinery. Examples of items include a CAT 140G Motor Grader, an Ingersolrand 12 Ton Smooth Drum Roller, Linde forklifts, a CAT 320 Excavator, a Komatsu PC220 Excavator, a Dynapac CA301D Smooth Drum Roller, a 2001 Liebherr Wheeled Excavator, a number of Powerstar 2642 Tow Trucks and various prime OEM spares.

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