Mining Equipment and Supplies Business
Mining equipment and supplies business refers to manufacturing, selling and hiring various pieces of mining equipment such as diggers, loaders, trucks. They are used by gold mining, silver mining, oil mining and other mining companies to excavate deposits.
It’s quite obvious that this is a B2B business because it serves mining companies. The mining industry in South Africa is developing rapidly. With over 190 tons of gold being mined every year, our country is the fifth largest producer of this precious metal in the world.
● Mining equipment manufacture and wholesale business;
● Mining equipment rental business;
● Miners’ clothing manufacture and wholesale business;
● Haul truck operator training program business.
Tools & Equipment
You can start this business with only one piece of equipment. For example, LGMG MT50 underground mine dump truck is used by mining companies from all over the world. It is worth around R1 million. You can buy and rent it out.