American Bonanza Gold has acquired a mining fleet for the transition to owner-mining at its Copperstone gold mine in Arizona, US.
The mining fleet comprises of drill jumbos, loader-hauler-dumpers, exploration and production drills, ore haul trucks, a rock bolter and other specialised underground mining equipment.
American Bonanza has received some of the mining equipment at the Copperstone gold mine site, with the remaining mining fleet scheduled to be delivered to the site by the end of this month.
The acquisition is part of the firm’s transition from contract mining to owner-mining, which should result in improvements in the mining production rate and reduced costs.
With the addition of the newly acquired fleet of underground mining equipment, American Bonanza will now become owner-miner of the Copperstone gold mine.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData