Landowners, small businesses and local residents will have the chance to purchase more than 600 retired mining items at Mount Isa Mines’ annual auction on Thursday, March 26.
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A broad range of retired mining assets will go under the hammer at 9am sharp, including dump trucks, loaders, blast hole drills, graders, light vehicles, as well as a large cross section of mining spares.
Huw Werrett, Manager Supply Mount Isa Mines said the auction enhances the company’s sustainable development performance while presenting a valuable opportunity for buyers to secure quality items.
“Importantly, the auction means our retired equipment and disused materials are given a new life elsewhere rather than being disposed of in land fill,” Mr Werrett said.
“It also gives smaller mining operations, landowners, and members of the community an opportunity to purchase equipment and materials at a fraction of the market value.”
Graham Messer, Director Graham Messer Industrial Auctioneers and Valuers will call the auction and said interest in this year’s auction has been in line with expectations.
“Mount Isa Mines has established a reputation throughout the auction industry as a realistic and fair seller, with assets offered for genuine sale,” Mr Messer said.
“Demand for good quality second-hand equipment is always strong, especially amongst motivated junior mining companies.
“With an extensive range of mining equipment on offer, on the day we can expect to see bids from other mining companies, mining contractors, earthmoving and excavating operations, as well as local landholders.”
The auction will take place at the Mount Isa Mines Disposal Yard located off May Downs Road. All visitors must be wearing closed in shoes, long pants and a long-sleeved shirt to enter the yard.
Click here to view the list of items to be auctioned, or contact the auctioneers on 0417 771 642 or 0429 483 980 for more information.