Sandvik Mining and Construction has received a contract from Shandong Gold to deliver 20 mining machines to the three mines in operation in Shandong province in China. Sanshandao, Jiaojia and Xingscheng gold mines are located in a gold mining area on the north coast on Shandong peninsula, near Laizhou city. The fleet deliveries for the equipment are scheduled to take place before end of 2012, and will be comprised of Sandvik drill rigs, LHDs and trucks. The contract is valued at over EUR7 million. All units are under contract of sale.
China is of course the world’s top producer these days and and in 2010 Shandong Gold produced 24.29 t of gold, while the country saw a new record of 340.88 t in 2010 – a rise of 8.57% over the previous year’s figure.
The new machines will provide improved reliability and operating performance for the mines along with a wide range of productivity features. Sandvik says “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.”
“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, Vice President of Sandvik Mining and Construction Region EAS.
Established in 1996, Shandong Gold Group is a large-scale state-owned enterprise directly affiliated with Shandong Provincial Government, which is also among one of the 520 enterprises and Chinese top-500 enterprises strongly supported by the State Government. Depending on its superior geological and historical advantages, Shandong Gold Group owns not only the most comprehensive industrial chain, the largest and highest concentrated gold base with advanced professional technology, but mining group and resources reserve well-known home and abroad, with gold production, resources reserve, economic benefit, scientific level and talent advantages among the top within the same field in China.