Mining equipment fleet secured for Copper Mountain Project

Sunday, 08 Nov 2009

Copper Mountain Mining Corporation announced that the mobile mining equipment fleet for the Copper Mountain Project has been ordered with deliveries to match the mining plan. The Company has placed orders through SMS Equipment for more than USD 70 million worth of Komatsu mobile mining equipment to be delivered in stages over the next 18 months. Preproduction mining is scheduled to start in June 2010.

The equipment package includes 2 Komatsu PC8000 Electric Hydraulic Front Shovels with 42 m(3) buckets, 13 tonnes to 240 tonnes Komatsu 830E-AC Electric Drive Trucks, 1 Komatsu WA1200 Front End Loader, 2 Komatsu D375A Track Dozers and 1 Komatsu WD600 Wheel Dozer.

Mr O'Rourke CEO of the Company stated that "We are extremely happy with the commitment that the Company has received from SMS Equipment and Komatsu in making this transaction work and are looking forward to a long term relationship that will help the mine maintain favorable costs and high productivity."