Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Akanksha Bakshi

Finning Bags Mining Contracts In Canada, Chile

Finning International Inc. (TSX:FTT) (OTC:FINGFreceived awards for mining contracts in Western Canada and Chile. Financial terms were not disclosed.

FTT’s Canadian operation agreed with Artemis Gold Inc. to supply Caterpillar, Inc. (NYSE:CAT) mining equipment to the Blackwater Gold Project in British Columbia.

The South American operation received a notice of award from Chilean state-owned copper producer, Codelco, to provide Caterpillar electric drive trucks to the Ministro Hales copper mine in northern Chile.

In Western Canada, FTT will deliver primary and ancillary Caterpillar mining fleets to Artemis’ Blackwater Gold Project and product support over five years.

In Chile, FTT will deliver 13 Caterpillar 798AC electric drive off-highway trucks to Codelco’s Ministro Hales open-pit copper mine and support the fleet under a 10-year maintenance and repair contract.

Price Action: FTT shares are trading higher by 2.40% at C$32.87 on TSX and FINGF lower by 1.24% at $25.53 on the last check Tuesday.

Photo Via Company

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.