Media Advisory - Ritchie Bros. To Conduct Multi-million Dollar Mining Equipment Auction In Perth

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18th September 2009, 12:53pm - Views: 942

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Media Advisory - Ritchie Bros. to Conduct Multi-Million Dollar Mining Equipment Auction in Perth

PERTH, Sept. 18 /CNW-AsiaNet/ --

     Every item, from dozers to rock trucks, will be sold with no minimum bids

     or reserve prices

     Next Tuesday, Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer,

will conduct a multi-million dollar mining equipment auction in Perth, W.A. for Orion (WA) Pty Ltd and other

owners. More than 330 items will be sold in the unreserved public auction on September 22, 2009, including

rock trucks, wheel loaders, dozers, water vehicles and hydraulic excavators. Every item will be sold on auction

day, with no minimum bids or reserve prices. The auction is expected to attract bidders from across Australia

as well as overseas. Interested buyers can bid in person at the Perth auction site, online in real time at, or by proxy.

     WHO:      Ritchie Bros. Auctioneers, the world's largest industrial

               auctioneer, will sell equipment for Orion (WA) Pty Ltd and

               other owners

     WHAT:     Multi-million dollar unreserved public mining equipment auction

     WHEN:     Tuesday, September 22, 2009 - auction starts at 9:00 a.m.

     WHERE:    33 Beard St, Naval Base, WA, 6165, Australia

               (site phone: +61.8.9410.2533)

     WHY:      Orion (WA) is a large mining equipment rental company based in

               Hazelmere, W.A. Managing Director Richard Harding will sell

               close to 40 items in the Perth auction on September 22nd,

               although he has never sold equipment at a Ritchie Bros. auction

               before. The equipment was used at a nickel-mining project in


     "We wanted to put the equipment back to work when that operation ended,

because it's still in great shape, but with the downturn in the mining

industry there isn't the work available - so we decided to clean the

cupboard," said Mr. Harding. "I chose to sell through Ritchie Bros. because

they have a good reputation, they run their auctions well, they reach an

international base of customers and they only do unreserved auctions, so I

know all of the equipment will sell on September 22nd and I will have money in

the bank afterwards."


     About Ritchie Bros.

     Established in 1958, Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is the

world's largest industrial auctioneer, selling more equipment to on-site and

online bidders than any other company in the world. The Company has over 110

locations in more than 25 countries, including 39 auction sites worldwide.

Ritchie Bros. sells, through unreserved public auctions, a broad range of used

and unused industrial assets, including equipment, trucks and other assets

utilized in the construction, transportation, agricultural, material handling,

mining, forestry, petroleum and marine industries. The Company maintains a web

Conservation Natural Resources Ritchie Bros. Auctioneers Pty. Ltd. (Australia) 3 image

site at and sponsors an equipment wiki at

     PHOTOS: You can download equipment and auction photos to use with your

articles from

     SOURCE: Ritchie Bros. Auctioneers Pty. Ltd. (Australia) 

    CONTACT: Finlay Massey, Regional Manager, Ritchie Bros. Auctioneers,

             Auction site phone: +61.8.9410.2533; Or 

             Kim Schulz, Manager, Corporate Communications, 

             Ritchie Bros. Auctioneers, 

             Phone: +1 778 331-5442 or email: kschulz(at)

            (RBA. RBA)

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