Cannon Mining

What Cannon Mining does

Cannon Mining Latin America (legal entity: Cannon Mining Latin America S DE RL DE CV) is a Mexican-based manufacturer, distributor, and service provider of underground mining equipment, headquartered in Guadalupe, Zacatecas — the geographic center of Mexico's mining corridor. The company is a subsidiary of J.H. Fletcher & Co., a US-based specialized mining equipment manufacturer that acquired Cannon in 2022 (prior to which the company operated under LakeShore Systems, following a 2016 rebrand from its original identity as Grupo Oldenburg's Latin American operation). Cannon's product portfolio covers the full underground extraction cycle with four core equipment lines — drilling jumbos (1- and 2-arm, dual electric-diesel operation, 50% fewer parts than competition), rock bolting jumbos/anchors, scaling machines (amacizadores), and ANFO/explosives loaders (UV6 anfoloader) — supplemented by utility vehicles including crane trucks, lubrication trucks, scissor lift trucks, and explosives transporters.

The business operates a multi-stream revenue model comprising one-time equipment sales, recurring equipment rentals, parts and major components distribution (torque converters, transmissions, compressors, axles, engines from brands such as Spicer, Kessler, Mercedes Benz, Cummins, Caterpillar), and a full lifecycle services stack that includes predictive/preventive/corrective maintenance, scheduled technical visits (250-hour and 1,000-hour intervals), equipment rehabilitation, and 21 STPS-registered training programs. Equipment is North American-manufactured (US Fletcher heritage) with growing local assembly in Mexico since May 2024, distributed via direct enterprise field sales and the company's exclusive Mexican distribution partnership with NPK (Japanese hydraulic hammer and pedestal manufacturer, formalized March 2025). The customer base spans major Mexican and Latin American mining operators including Grupo México, Grupo Frisco, Peñoles, Fresnillo, First Majestic, Pan American Silver, and others, with go-to-market concentrated in enterprise field sales, regional mining congresses (Sonora, Durango, RIM Zacatecas, Sinaloa, Polimetálico, EXPOMIN Chile), and the Zacatecas/Hermosillo office footprint.

Name

Cannon Mining

Legal name

Cannon Mining Latin America S DE RL DE CV

Website

https://cannonmining.com.mx

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

Cannon Mining Latin America manufactures, sells, and rents underground mining equipment — jumbos, scalers, anchors, anfoloaders, and utility vehicles — for major Mexican and Latin American mining operators, complemented by parts, maintenance, training, and NPK distribution services.

Ownership category

akta.pro rank

Product category

Underground Mining Equipment

NAICS

Mining Machinery and Equipment Manufacturing (333131), Support Activities for Metal Mining (213114)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Drilling & Rock Excavation Equipment (Rotary/Top-Hammer, Jumbos, Raiseborers) (IMAKANAC)

akta.pro secondary industries

Mine Maintenance & Asset Reliability Contracting (Mobile/Fixed Plant Maintenance, Shutdowns, Overhauls) (IMAKAKAF), Mine Site Support Services (Camp/Catering, Security, Fuel & Lubricants, Water, Waste, Roads) (IMAKAKAE)

Keywords

• Underground mining equipment
• Drilling jumbos
• Rock bolting equipment
• Mining equipment manufacturing
• Mining equipment services

Headquarters

HQ city

Guadalupe

HQ country

Mexico

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Sales: Sale of new underground mining equipment including jumbos, anchors, scalers, anfoloaders, utility vehicles (cranes, scissor lifts, lubricators, explosives transporters). Equipment is North American-manufactured and assembled in Mexico.
2. Parts/Refacciones Sales: Sale of spare parts including drill bits, steels, major components (engines, transmissions, axles, compressors), and NPK-branded hydraulic hammers and pedestals.
3. Technical Services: On-site technical support including event-based visits, periodic visits (every 250 hours, general service at 1,000 hours), and full maintenance (predictive, preventive, corrective).
4. Equipment Rental: Rental of equipment for mining operations across drilling, utility, support, and rock scaling categories.
5. Training/Capacitaciones: 21 STPS-registered training courses covering operation, maintenance, and safety for all Cannon equipment, plus trainer certification courses for Cannon-branded equipment.
6. Equipment Rehabilitation: Full and partial equipment rehabilitation including major component disassembly/installation and rigorous testing to extend equipment lifespan.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Cannon Mining Latin America manufactures, sells, rents, and services underground mining equipment for the complete extraction cycle, including drilling jumbos, rock bolters (ancladores), scalers/amacizadores, explosive loaders (anfoloaders), and utility vehicles such as cranes, lubrication trucks, scissor lift trucks, and explosives transporters. The company also distributes major components (engines, transmissions, axles, compressors), drilling steels, and NPK hydraulic hammers, and provides lifecycle services including predictive/preventive/corrective maintenance, equipment rehabilitation, technical support, equipment rental, and 21 STPS-registered training courses.

Product overview

Cannon Mining Latin America is a specialized provider of underground mining equipment with a comprehensive portfolio centered on four core equipment lines (Jumbos for drilling, Anchors/Jumbo Anchors for rock bolting, Scalers/Amacizadores for scaling, and Anfoloader for explosive loading) supplemented by utility vehicles (cranes, lubricators, scissor lift trucks, explosives transporters). The company operates a parts and components division offering major components (torque converters, transmissions, compressors, axles, engines) from brands including Spicer, Kessler, Dana, Mercedes Benz, Cummins, and Caterpillar, plus drilling steels and NPK hydraulic tools. Services include maintenance (predictive/preventive/corrective), technical support, equipment rehabilitation, 21 STPS-registered training courses, and equipment rentals. The portfolio is rounded out with branded merchandise.

Differentiator

Problem solved

Functional benefit

Products and services

• Drilling Jumbos (1 and 2 Arms) Dual-operation (electric-diesel) drilling jumbos for underground mining available in 1- or 2-arm configurations. Equipment operates in sections from 2.5m, with CH38 20kW drill and coverage area up to 8.53 x 12.8m. Uses 50% fewer parts than competition for faster maintenance. Designed for underground mining operators requiring efficient rock drilling in Latin American mining conditions.
• Jumbo Anchor/Rock Bolter DPIS-1-HED-RB3 Versatile 1- or 2-arm rock bolter for tunnel support with effective coverage up to 9 meters. Configurable with resin, split set, or swellex anchors ranging from 4 to 17 ft. Carousel capacity of 10 anchors. Uses CH32 13kW drill. Manual or remote operation options. Designed for underground mining operators needing rock bolting equipment.
• Scaling Machine (Amacizador) SV11/SV18/SV22/SV26 Scaling machines with percussion hammer for rock breaking, scaling, and fragmentation, operated by joystick with electrohydraulic valves. Height range 1.2m to 11.1m; transit sections from 3x3m; effective reach 7.2m. Cabin positioned opposite the work area for operator safety. Available with Mercedes Benz 904 or Cummins QSB 4.5 diesel engines. SAHR-certified in cabin, chassis, and braking system. Designed for underground mining operators.
• Anfoloader UV6 (Explosives Loader) Single-operator explosives loading vehicle with 550kg pot capacity and high-flow compressor for efficient ANFO loading in underground mining sections from 3m wide. Available in 1- or 2-pot configurations; basket capacity 250kg; length 12.3m. SAHR-certified in pot, chassis, basket, cabin, and braking system. Designed for underground mining operators conducting explosives loading operations.
• Crane Truck (Grúa) Heavy-duty crane truck with Palfinger PK11001 crane for handling large components and maintenance operations in underground mines. Designed for underground mining operators and service/maintenance teams.
• Lubrication Truck (Lubricador) Lubrication truck for supplying fluids to stationary equipment and hard-to-move machinery underground, with customized fluid compartments and dispensing guns. Designed for underground mining operators and maintenance service operations.
• Scissor Lift Truck (Camión Tijera) Heavy-duty scissor lift truck with 2,721 kg platform capacity and 10.46m length, 2.2m width. Controls on platform and chassis. SAHR-certified in chassis, cabin, brakes, and platform. Designed for underground mining tasks including sampling, service installation, drilling, and support activities.
• Explosives Transporter (Transportador de Explosivos) Specialized vehicle for transporting explosives in underground mining operations with safety certifications. Designed for underground mining operators managing explosives logistics.
• CH Series Drilling Machines (Perforadoras CH Series) Valveless drilling machines with no nitrogen accumulator and few moving parts, resulting in low maintenance costs. Frequency/percussion range: 4,800 to 12,000 lpm; impact rate: 80Hz to 200Hz; drill torque: 420Nm. Designed for underground mining drilling operations as part of the Cannon product range.
• NPK Hydraulic Hammers and Pedestal Systems Hydraulic hammers (PH and GH series) and pedestal systems from NPK (Japanese manufacturer, founded early 20th century, U.S. plant in Wickliffe, Ohio since 1989) for construction and mining applications. Distributed officially by Cannon Mining Latin America across Mexico through its Guadalupe, Zacatecas distribution hub.
• Major Components and Parts (Engines, Transmissions, Axles, Compressors, Drilling Steels) Major equipment components including Spicer/Dana torque converters, Powershift transmissions, Boss/VanAir compressors, Kessler/Dana/New Holland axles, and Mercedes Benz/Cummins/Caterpillar engines. Plus drilling steel products including drill bits, T/R38 rods, and hexagonal bars. Spare parts for underground mining equipment, sold to mining operators and service centers.
• Maintenance Service (Servicio de Mantenimiento) Predictive, preventive, and corrective maintenance services for underground mining equipment to maximize equipment lifespan and minimize downtime. Provided to mining operators as a contracted service.
• Technical Service (Servicio Técnico) On-site technical support including event-based visits, periodic visits (every 250 hours), and general service (at 1,000 hours) for equipment evaluation and diagnostics. Provided to underground mining operators.
• Equipment Rehabilitation (Rehabilitación de Equipo) Total and partial equipment rehabilitation including major component disassembly and installation, with rigorous testing to extend equipment service life. Provided to underground mining operators.
• Training (Capacitaciones) 21 STPS (Secretaría del Trabajo y Previsión Social) -registered training courses covering operation, maintenance, and safety for all Cannon equipment, plus trainer certification courses for Cannon-branded equipment. Provided to mining operators and technical personnel.
• Equipment Rental (Renta de Equipo) Equipment rental for drilling, utility, support, and rock scaling operations with flexible solutions for mining projects. Provided to underground mining operators.
• Major Components Service (Servicio de Componentes Mayores) Brake maintenance, transmission rehabilitation, engine diagnostics/repairs, and electric motor rehabilitation services. Provided to underground mining operators.

Quantifiable outcome

• Jumbos use 50% fewer parts than competition, enabling faster and easier maintenance
• +3 more outcomes

Named customers14 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• NPKcoreChannel Partner/ Reseller/ Distributor · 18 March 2025Cannon Mining formalized a partnership with NPK (Japanese manufacturer founded early 20th century, with U.S. plant in Wickliffe, Ohio since 1989) to become its official distributor in Mexico. NPK designs and manufactures hydraulic hammers, compactors, and pedestal systems used in mining and construction. Cannon leverages its Guadalupe, Zacatecas location as a key distribution hub for excellent national coverage. NPK hydraulic hammers are available as options for Cannon's SV scaler models for rock breaking, scaling, and rock fragmentation.
• J.H. Fletcher & Co.coreStrategic or Co-development Partner · 1 January 2022In 2022, J.H. Fletcher & Co., a specialized manufacturer of underground mining equipment, acquired Cannon Mining. This acquisition strengthened Cannon's capabilities and enabled development of cutting-edge equipment. J.H. Fletcher specializes in mining equipment manufacturing, complementing Cannon's market position in Latin America.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Epiroc: Spun off from Atlas Copco, Epiroc is a major global supplier of underground drilling, scaling, and rock reinforcement equipment, competing head-to-head with Cannon's core product lines.
• MacLean Engineering: Canadian manufacturer of underground mining utility vehicles, scalers, and bolters—a closely comparable product portfolio to Cannon's underground auxiliary equipment.
• Sandvik Mining and Rock Solutions: Global leader in underground mining equipment, including jumbos, bolters, scalers, and loaders. Directly competes with Cannon across the underground extraction cycle in Mexico and Latin America.
• Normet: Supplies underground equipment and services for mining and tunneling, including explosive loaders (similar to Cannon's UV6 Anfoloader) and scaling equipment.
• J.H. Fletcher & Co. US manufacturer of specialized underground mining equipment and Cannon's parent company since 2022. Directly comparable product lines, though it primarily serves North American coal and hard rock markets.
• Komatsu Mining: Manufactures underground hard rock equipment including jumbos and bolters, with established dealer presence in Mexico. Directly comparable to Cannon's drilling and bolting portfolio.

Others

• Boart Longyear: Drilling services and equipment provider for mining, with overlap in drilling consumables and rigs. Comparable through its drill bits and steels (similar to Cannon's Aceros line) and Latin American service footprint.

Emerging players

• GHH Fahrzeuge: German manufacturer of underground loaders, trucks, and utility vehicles, expanding its presence in Latin American mining markets with comparable product lines to Cannon's utility vehicle portfolio.
• RDH Mining Equipment: Specializes in underground production equipment (loaders, jumbos) with strong North American roots; emerging competitor in Latin American underground hard rock markets.

Broad incumbents

• Caterpillar (Underground Mining): Supplies underground mining equipment (including Cat-built engines used in Cannon's products) and competes in the broader underground hard rock space through its Cat dealer network in Mexico.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CannonMiningLA
• YouTubeyoutube.com/@cannonminingla
• Facebookfacebook.com/cannonminingla
• LinkedInlinkedin.com/company/cannon-mining-latin-america
• Instagraminstagram.com/cannonmining
• TikToktiktok.com/@cannonminingla

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cannon Mining