Sandvik Mining and Construction has received a contract from Shandong Gold to deliver 20 mining machines to the three mines operation in Shandong province in China. Sanshandao, Jiaojia and Xingscheng mines are located in gold mining area north coast on Shandong peninsula, nearby Laizhou City, whose end product is gold. Chinese gold output is standing number one in the world and in 2010, the mining gold in Shandong Gold Group has reached 24.29 tons. The contract is valued at more than CNY66 million (7 million Euros). All units are under contract of sale. The fleet deliveries for the equipment are scheduled to take place before end of 2012, and will be comprised of Sandvik drill rigs, loaders and trucks.
“Sandvik was initially selected as we demonstrated a low risk option, an excellent understanding of their operations and the ability to deliver on all the required machines and services. This is a win-win and we look forward to our continuing relationship with Shandong Gold,” said Schubert Huang, general manager of hard rock mining and vice president, Sandvik Mining and Construction Region EAS.
The new machines will provide improved reliability and operating performance for the mine along with a wide range of productivity features. The contract represents the largest single order ever for the mining units in China and solidifies Sandvik’s position as China’s leading provider of mining technology.