Inside Wall Street: Digging Into Mining Equipment Giant Bucyrus


Global mining activity is starting to heat up again, fueled by the improving fundamentals in coal, iron ore and copper due primarily to the surging demand from China, India and other developing economies. So expect some mining-equipment stocks to get fired up.

"We believe mine production is ramping and numerous miners are beginning to move forward with their expansion projects that were previously on hold," says Steve Barger, analyst at KeyBank Capital Markets.