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Atlas Copco AB Wins Orders for Mining Equipment in Latin America

Friday, 28 Dec 2012 03:12am EST 

Atlas Copco AB announced that it has won two orders from mining customers in South and Central America, worth a total MUSD 30 (MSEK 210). One is from Minera Panama to deliver drilling equipment and related services for the Cobre Panama open pit copper project. In Venezuela, Atlas Copco has won an order from the Minerven gold mining corporation. Minera Panama, a subsidiary of Canada`s Inmet Mining, is buying a package of a total nine machines from Atlas Copco including Pit Viper rotary blast hole drill rigs, Flexi-Roc surface drill rigs, related services and simulator training. The order is worth close to MUSD 20. Most of the equipment will be delivered in 2014 and 2015. The contract from Minerven in Venezuela is worth around MUSD 10. It covers underground drill rigs, loading equipment and core drilling rigs, as well as portable and stationary compressors. The equipment will be delivered over the coming year. Both orders were booked in the fourth quarter. 

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