Mining equipment fleet secure for project
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Vancouver, British Columbia – November 5, 2009 – Copper Mountain Mining Corporation (TSX: CUM) (the “Company” or “Copper Mountain”) announces 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 $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 m3 buckets, 13 - 240 Ton 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, Chief Executive Officer of the Company stated: “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 favourable costs and high productivity.”
Mill foundations work at the Copper Mountain Project is progressing well and concrete will continue to be poured through December 2009 to complete the building foundations in preparation for the erection of the building steel in the spring of 2010.
Addi tional information is available on the Company’s web page at www.CuMtn.com.
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