Atlas Copco wins two contracts for mining equipment in Latin America

Sweden's Atlas Copco announced that it won two large orders for a total US$30mn from Minera Panam� and from Venezulean state gold miner Minerven. In a release, the industrial supplier said that it would deliver nine machines, including Pit Viper rotary blasthole drill rigs and Flexi-Roc surface drill rigs, for an order worth US$20mn to Minera Panam�. Most of the equipment is to be delivered to the Cobre Panam� open pit copper project in 2014 and 2015. The second contract is from Minerven in Venezuela for some US$10mn for underground drill rigs, loading equipment and core drilling rigs, and both portable and stationary compressors to be delivered during the coming year.