Canadian Mining Journal


EQUIPMENT: Finning secures contract for Lundin’s Candelaria

Finning is supplying equipment worth $185-million to Lundin’s Candelaria mining complex in Chile. (Image: Finning)

CHILE –  Finning International of Vancouver announced last week that its South American operation has been awarded a multi-year mining contract by Lundin Mining Corp. to deliver new equipment and product support to the Candelaria copper mining complex in the Atacama region of northern Chile.

Finning will supply nearly 70 pieces of new Caterpillar large mining equipment valued at approximately US$185 million to the Candelaria open pit and underground mines, as well as support the entire fleet under a maintenance contract. The fleet will include hydraulic shovels, off-highway trucks, and auxiliary equipment, and will be delivered over the next three years.

“We are pleased to build on our strong partnership with Lundin Mining at Candelaria. Our focus is to support Lundin in its efforts to operate efficiently and cost effectively, while improving productivity,” said Marcello Marchese, president, Finning South America. “We remain constructive on the long term outlook for copper. This is the first significant order for mining equipment that Finning has secured in Chile since the industry’s decline in 2014. As activity in the mining sector begins to improve, we are well positioned to capture equipment and product support opportunities,” he concluded.

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