Detour Gold signs trucking contract

Toromont Industries (an Ontario Caterpillar dealer) has won a contract to supply up to 36 350-ton class Caterpillar 795F haulage trucks for Detour Gold’s (DGC-T) Detour Lake gold project in northeastern Ontario.

The initial purchase release of 18 trucks has been issued with six more trucks to be delivered in late 2011 and 12 trucks planned for delivery in mid-to-late 2012. The agreement also includes mine support equipment with an initial order for about 15 pieces of mine support equipment prior to the end of 2010. The total value of the 18 trucks and support equipment to be ordered in 2010 is about $125 million.

“We are pleased to have Toromont supplying and supporting the equipment fleet for the Detour Lake project. Toromont, with the support of Caterpillar (CAT), has committed significant resources to ensure the successful start-up and long-term operation of the fleet,” said Gerald Panneton, president and CEO of Detour Gold, in a statement.

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