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    Mining as an industry underwent dramatic changes in medieval Europe. The mining industry in the early Middle Ages was mainly focused on the extraction of copper and iron. Other precious metals were also used, mainly for gilding or coinage.

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    Other large mining companies in India include Essel Mining, Rungta Mines, Orissa Minerals Development Company, Vedanta Resources, Hindalco, and Steel Authority of India. Smallscale opportunities exist in the used equipment market, despite the lack of a common trading platform. Mining equipment rental is nascent and slowly growing.

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    Stamps were used in California gold mines around 1850. First developed in England and used by Cornish miners, stamps were heavy iron machines used to pound rocks containing gold quartz into a fine dust so the gold ore could be extracted. Small stamps were commonly powered by water wheels while larger ones ran by steam engines.

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    Iron ores in the form of hematite (ferrous oxide) and magnetite are removed from the earth through mining. The use of heavy mining equipment is necessary to dig out large pits in an area with a large deposit of iron ore however, because iron does not occur naturally, it is necessary to use a blast furnace to separate or refine iron from the other substances in the iron ore.

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