Bank-mandated auction showcases high-caliber mining, earthmoving machinery

Leading industrial auctioneers WH Auctioneers, renowned for its expertise in industrial asset realisation, is proud to announce the forthcoming auction of a remarkable array of mining and earthmoving machinery. This auction, conducted on behalf of esteemed secured lenders Standard Bank of South Africa, Nedbank and other financial institutions, will feature an impressive selection of equipment, including top-tier models from industry-leading manufacturer Caterpillar, among others.

The offering comprises an exceptional lineup, including but not limited to:

• Twelve 2019 Caterpillar 777E 100 t rigid rock dump trucks
• Four 2019 Caterpillar 6015B hydraulic excavators
• Three 2018 & 2016 Hitachi ZX870 LCR-5G excavators
• Two 2019 Caterpillar D11T dozers
• One 2019 Caterpillar D9T dozer
• One 2016 Caterpillar D6R dozer
• 2019 Caterpillar 992K, 980 ℓ, and 2014 Caterpillar 980 ℓ wheel loaders
• A meticulously refurbished 2008 Caterpillar 16M grader, featuring all major components rebuilt to original equipment manufacturer specifications or replaced
• Additional offerings include a 2018 Volvo A45G 6x4 articulated dump truck (ADT) and a 2017 Caterpillar 745 6x6 ADT.

This prestigious event is scheduled to take place on April 9, 2024, starting at 10:30 AM, at 83 Phlox Road, Springs, Gauteng. In recognition of the significance and scale of this auction, WH Auctioneers has implemented an unprecedented cap on the Buyer's Premium, set at a remarkable 6% for this disposal. Buyers are strongly encouraged to seize this exceptional opportunity, where a refundable deposit of R100 000 secures a bidders card, ensuring participation.

Prospective buyers are invited to schedule appointments for viewing and inspection of the machinery between the April 2 and April 8. For inquiries or to arrange a viewing, please contact Tim at 082 371 1069.

Bidding options are versatile, with participants having the opportunity to engage in live on-site bidding or opt for online bidding. Interested buyers are encouraged to pre-register online or reach out to WH Auctioneers for personalised assistance.

About WH

WH Auctioneers takes pride in its role as Africa’s leading industrial auctioneers with a global footprint. With a comprehensive suite of services encompassing valuation, local and international transportation, storage, marketing and auctioning of assets, we ensure a seamless and efficient asset realisation process for our clients.

For further information regarding this auction and to stay updated on our upcoming events, please visit https://bit.ly/3x0U8Qr or contact Tim on 082 371 1069 or office number 011 574 5700.