# Trevali invests CAD 20 million in Sandvik fleet for Caribou mine

Trevali Mining Corporation committed approximately CAD 20 million to transition to an owner-operated model at its Caribou Zinc Mine in New Brunswick, Canada, procuring a new underground mining fleet from Sandvik Mining.

- Type: Investment
- Announced: 2017-02-02
- Where: Bathurst Mining Camp, New Brunswick, Canada
- Value: $15.3M (20.0M CAD)
- Starts operating: 2017
- Status: announced
- Products: underground mining equipment, zinc, lead-silver concentrates
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Trevali Mining](https://endata.com/companies/21869.md)
- [Sandvik Mining](https://endata.com/companies/21870.md) (supplier)

## Sources

- [im-mining.com](https://im-mining.com/2017/02/02/trevali-opts-owner-operated-model-sandvik-fleet-caribou/), 2017-02-02: "Trevali has committed to an approximately C$20 million investment through a new partnership with Sandvik Mining to supply and maintain a full fleet of mining equipment for Caribou Mine operations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.