Machinery
Company Overview of P&H Mining Equipment Inc.
Company Overview
4400 West National Avenue
Milwaukee, WI 53214
United States
Founded in 1884
Key Executives for P&H Mining Equipment Inc.
P&H Mining Equipment Inc. Key Developments
Inmet Mining Corporation announced that its subsidiary, Minera Panama S.A., has completed the selection of mine mobile equipment vendors and has awarded contracts for the supply of: rope shovels to P&H Mining Equipment Inc.; hydraulic shovels/excavators and trucks to Komatsu Holding South America; ancillary and support equipment to IIASA Panama S.A. (Caterpillar); and rotary drills to Atlas Copco Drilling Solutions LLC. The total order consists of 84 pieces of equipment that will be progressively delivered to site starting in 2013 in time for commencement of pre-stripping operations in fourth quarter of 2014 and ahead of the commissioning of the mineral process plant and first shipment of concentrate in first quarter of 2016. The total amount of the award for all 84 pieces of equipment is $349 million. Individual contracts have been negotiated with each one of the vendors for both the supply of the equipment and the maintenance and service of their fleet for the first 5 years of operation. Capital commitments for Cobre Panama are currently in excess of $2.9 billion.
Inmet Mining Corporation announced that its subsidiary, Minera Panama S.A. has completed the selection of mine mobile equipment vendors and has awarded contracts for the supply of rope shovels to P&H Mining Equipment Inc., hydraulic shovels/excavators and trucks to Komatsu Holding South America, ancillary and support equipment to IIASA Panama S.A. (Caterpillar) and rotary drills to Atlas Copco Drilling Solutions LLC. The total order consists of 84 pieces of equipment that will be progressively delivered to site starting in 2013 in time for commencement of pre-stripping operations in fourth quarter of 2014 and ahead of the commissioning of the mineral process plant and first shipment of concentrate in first quarter of 2016. The total amount of the award for all 84 pieces of equipment is $349 million. Individual contracts have been negotiated with each one of the vendors for both the supply of the equipment and the maintenance and service of their fleet for the first 5 years of operation.
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