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TCL Asset Group Inc. to Manage Sale of Assets from the De Beers Canada Victor Mine Site

Sale Features $10 Million in Open-Pit and Surface Construction Equipment

as well as Extensive Site-Related Inventory

VICTOR MINE, NORTHERN ONTARIO – June 15, 2022  – TCL Asset Group Inc., have been awarded the contract to sell all remaining assets from the De Beers Canada Victor Diamond Mine, currently in closure and rehabilitation.

TCL will be conducting a 2-Day Online Auction scheduled for Wednesday, July 13 and Thursday, July 14, 2022. Assets to be sold will be staged in Moosonee, Ontario and Porcupine (near Timmins), Ontario. More information can be found at  www.managingyourassets.com.

MAJOR ASSETS SCHEDULED FOR THE 2022 SALE INCLUDE:

  • Haul Trucks – CAT 777D, CAT 777F, CAT 735
  • Cranes – Manatowac 777 – 181 Ton
  • Wheel Loaders – (3) CAT 992G, CAT 914G, CAT IT38G
  • Wheel Dozer – 834G
  • Backhoe Loader – CAT 420D
  • Forklifts, Scissor Lifts, Boom Lifts, Compactors
  • Drill – Sandvik D25KS
  • Substations and transformers
  • Over 85 Sea Containers
  • Large Quantities of Inventory & New Stock
  • Large Quantities of Electrical Wire & Cable

“TCL Asset Group Inc. is very excited about this project as it will give our buyers the opportunity to acquire well-maintained equipment from a global mining company. There are a lot of complexities and moving parts involved in the removal, marketing and selling of assets from a remote mine site. We are looking forward to once again working with De Beers on this significant event in the mining industry.”

For more information please go to our page – https://www.managingyourassets.com/auctions/view_auction?id=345

To learn more about this project, please contact Terrance Jacobs, CEO of TCL Asset Group Inc., at [email protected] or 416-736-1367.

About TCL Asset Group Inc.

TCL Asset Group Inc. is a recognized leader in asset management and advisory services. Founded in 1958, the company specializes in machinery and equipment certified appraisals, auctions, private negotiated sales, and real estate auctions. TCL works throughout Canada, the United States, Mexico, Central and South America.

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