Atlas Copco Strikes Gold at Boddington Mine In Australia.STOCKHOLM, Sweden -- Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. (STO:ATCOA) has received a significant order for surface drilling equipment from the Boddington Gold Mine in Western Australia Western Australia, state (1991 pop. 1,409,965), 975,920 sq mi (2,527,633 sq km), Australia, comprising the entire western part of the continent. It is bounded on the N, W, and S by the Indian Ocean. Perth is the capital. . The order has a value of approximately MSEK MSEK Meyer, Suozzi, English & Klein (New York law firm) MSEK Million Swedish Kroner 275 (MEUR MEUR Million Euros 30), including equipment sales and a five-year service, maintenance and parts supply contract. Delivery will commence in the third quarter of 2007. Boddington is a joint venture between Newmont Mining Newmont Mining Corporation NYSE: NEM, based in Denver, Colorado, USA, is one of the world's largest producers of gold, with active mines in, Nevada, Indonesia, Australia/New Zealand, Ghana, and Peru. Some smaller operations include Bolivia, Mexico, and Canada. Corporation and AngloGold Ashanti. The order comprises eight blast-hole rigs and a crawler Also known as a "Web crawler," "spider," "ant," "robot" (bot) and "intelligent agent," a crawler is a program that searches for information on the Web. Crawlers are widely used by Web search engines to index all the pages on a site by following the links from page to page. rig, which will form Boddington's production drilling fleet at its new gold mine, 130km south-east of Perth. To support the drilling fleet, up to 25 Atlas Copco people will be working on service, maintenance and parts management tasks at the Boddington mine site. The mine is due to commence production of more than one million ounces of gold per annum Per annum Yearly. from the second half of 2008, making Boddington one of the world's major gold producers for up to two decades. "We are very excited about our long-term relationship with the Newmont group at Boddington, one of the major new resource projects in Australia," says Bjorn Rosengren, Business Area President, Atlas Copco Construction and Mining Technique. "This order is among the major deals for Atlas Copco in a strong period for mining and construction worldwide." The order was won by Atlas Copco Construction and Mining Australia Pty Ltd. Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (MEUR 5 600). Learn more at www.atlascopco.com. Atlas Copco's Construction and Mining Technique business area develops, manufactures, markets and services rock drilling tools, construction and demolition tools, drill rigs and equipment. It innovates for superior productivity in for surface and underground rock excavation, exploration drilling, rock reinforcement, ground engineering, water well, oil and gas drilling worldwide. The business area has its principal product development and main manufacturing units in Sweden and the United States. More information is available on www.atlascopco.com. This information was brought to you by Waymaker http://www.waymaker.net |
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