Davy seal £3.3million South America deal

Heavy duty: DavyMarkham's mine hoists destined for Peru
Heavy duty: DavyMarkham's mine hoists destined for Peru
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Heavy engineering company, DavyMarkham has won a £3.3 million contract to supply two heavy duty mining hoists to a Peruvian company that is the world’s fourth largest producer of zinc and silver.

The contract is the Sheffield firm’s first in Peru, which is a leading producer of silver, gold, lead, copper and zinc and has the potential to become South America’s top mining country.

The hoists being made at Davy’s Darnall works will be installed at Volcan Compañia Minera of Peru’s Pique Andaychagua mining development, just over 90 miles from the capital city of Lima.

The hoists are designed to bring up 4,000 tonnes of ore a day from more than 3,000 feet underground.

One hoist, which has the capability to lift up to nine tonnes, is due to be commissioned next spring, while the other, with a capacity of 2.4 tonnes will be delivered in the autumn of this year and will also be used to take miners underground.