Auctioneers Ritchie Bros. will conduct a massive mining and earthmoving equipment auction September 27, 2012, during the company’s grand opening auction at its new permanent auction site in Raleigh-Durham, North Carolina, USA. More than 180 pieces of mining and earthmoving equipment are already featured in the auction, including more than 60 Cat D11 dozers, more than 35 Cat 777 haul trucks, more than 30 wheel loaders and more—selections so large they’re rarely seen in the heavy equipment industry in a single sale.
The September 27 unreserved public auction, which is set to take place one day after the completion of MINExpo International 2012 in Las Vegas, is a divestiture of non-strategic equipment from West Virginia-based Trinity Coal Corp. Bidders can register and bid in one of four ways: live and in person at the company’s Raleigh-Durham auction site; via simulcast and in person at the company’s Las Vegas auction site; online in real time at www.rbauction.com; or by proxy.
“We have an unprecedented number of D11s featured in our September Raleigh-Durham auction. In fact, this is more D11s than we’ve sold in the past four years of unreserved industrial auctions combined,” said John Fairley, regional sales manager, Ritchie Bros. Auctioneers. “This large selection of mining and earthmoving equipment is sure to catch the attention of both domestic and international buyers who are looking for anything from big wheel loaders and crawler tractors to massive rock trucks and motor graders.”
“Trinity Coal Corp. had been using the equipment at its coking and thermal coal mining complexes in Kentucky and West Virginia,” said David Stetson, chief restructuring officer, Trinity Coal. “Those in the mining industry will know D11s are primarily mass earthmoving machines. The fleet is composed of ‘big rock job’ type machines that we primarily used to remove overburden at our coal operations in eastern Kentucky and West Virginia. At one time, our D11 fleet was the largest fleet operating anywhere in the U.S.”
After being in operation for a number of years, some of the Caterpillar units are currently undergoing a refurbishing process in preparation for the September auction. All powertrain and undercarriage updates are being conducted by authorized CAT dealers.
Detailed equipment information, including high-resolution photos of the equipment, is available at the Ritchie Bros. Auctioneers website: www.rbauction.com/bigiron.
