How To Sell Equipment

Why Use Mine Source Auctions?

Maximum Return on Investment

  • Auction = maximum returns
  • We specialize in mining equipment only - our buyers are the mining industry
  • Online presence = global mining audience

Accountability

  • Fairness – the auction system provides fairness to all prospective buyers.
  • Transparency – our system is fully auditable, providing 3rd party accountability.
  • Asset Tracking – all past documentation is stored in the Mine Source Auction system.

Experience

  • 90+ years of combined experience in the mining industry. We know mining!

Stat Pak

Mine Source Auctions is averaging a 45% higher sell price than the sellers’ reserve price!

93% of all equipment is SOLD within 1 year of being listed.

Our registered buyers list grows over 100% every year.

How it Works

Register your equipment for free

  • There is no charge to list equipment; Mine Source Auctions only makes a commission when your equipment is sold.
  • You set the reserve price; you are in control at all times.
  • Equipment must be used in the mining and/or mineral processing industry.
  • Equipment can be located anywhere, worldwide.
  • Equipment stays at your location the whole time.
  • Request a listing agreement today. info@minesource.com

We market your equipment to a global audience

  • Mine Source Auctions sends out a weekly email newsletter to 7,000+ authorized, opt-in email addresses to the mining industry.
  • Mine Source Auctions advertizes in leading mining trade journals.
  • Mine Source Auctions displays at the biggest mining trade shows.
  • We draw on 90+ years of contacts in the mining industry.

Buyers bid and make offers

  • You are notified when buyers place bids or make offers on your equipment.

We invoice and pay you

  • Once your equipment has been successfully auctioned, Mine Source Auctions invoices the buyer for the full sale price, plus applicable sales tax.
  • Once payment has been received, Mine Source Auctions will immediately remit payment in full, minus commission amount, to you the Seller.
  • Once you, the Seller, have received payment in full, then and only then are you required to release the equipment.

Buyer takes item away

  • Equipment is sold 'As is; where is – Ex Works'.
  • The Buyer is responsible for all logistics, dismantling (where applicable), transportation, loading and associated costs.
  • To encourage the sale of equipment, you, the Seller may be willing to load the equipment onto the Buyers trucks.
  • Request a listing agreement today. info@minesource.com

Start selling today. Request your Listing Agreement from Mine Source Auctions.
Request one now.

705-671-2100 or info@minesource.com

Have equipment to sell?