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Stracon sees growth in underground market

Stracon and its new backer, UK-based investment group Ashmore, believe a rejuvenated Dumas can expand its core underground contract mining business in Latin America while also giving Stracon more opportunities to grow in North America. Stracon has also set longer-term sights on broader international growth, CEO Steve Dixon says.

Stracon sees growth in underground market Stracon sees growth in underground market Stracon sees growth in underground market Stracon sees growth in underground market Stracon sees growth in underground market

About half of Stracon's 6,000 employees work at the Cobre Panama copper mine

Speaking to Mining Journal from Stracon's headquarters in Lima, Peru, where he's been based for the past two decades, Dixon said the company's 2018 goal to capture $300 million of contract extensions