Our mining team is headed to Las Vegas this fall for MINExpo 2024. Are you planning to attend?

Equipment is one of the most important investments a mine can make, and getting the financing right can be a key determinant of success. As SMS Equipment's point person for mining equipment financing, Mining Support Supervisor, Jeremy Fung explains, making the right choices depends on understanding the unique variables that each mine is subject to.

SMS Equipment had the opportunity to showcase Komatsu’s D375A-8 and D475A-8 series surface mining dozers on the Mining Now podcast at the 2024 CIM Connect conference that took place in Vancouver this past May, organized by the Canadian Institute of Mining, Metallurgy and Petroleum.

In the construction industry, contractors typically tie up a sizeable portion of their capital in their equipment. Obtaining the best possible financing option can, therefore, help contractors maximize their cash flow and improve their bottom line. In this edition of Experts Corner, Dean Trybuch, our equipment financing expert, explains some of the options that are now available.