Finance an Epiroc Boomer M2 C twin-boom underground drill jumbo. New and used units, B/C credit considered, application-only programs reaching $400k, decisions in days.
Development meters drilled per shift is the metric that underground mines track because it tells them when the ore body is accessible and when revenue begins. The Epiroc Boomer M2 C is a twin-boom face drilling rig built for this purpose, running two COP 2560 rock drills and Epiroc's RCS (Rig Control System) to deliver measured face coverage with documented accuracy. Contractors and mine operators who choose the Boomer M2 C are choosing a platform that has been refined through decades of underground development work and that holds residual value because the market knows it.
We finance Epiroc Boomer M2 C jumbos for underground development contractors, emerging underground producers, and established mining companies adding to an existing fleet. Our minimum is $50,000, and Boomer M2 C transactions typically exceed that range. Application-only approval is available up to approximately $400,000, with larger transactions requiring three months of bank statements and financial documentation. Funding closes in about one to two weeks. The fullEpiroc financingprogram we work with covers the Boomer line alongside the Pit Viper surface drills and the Scooptram underground loaders, so operators running multiple Epiroc assets can consolidate. For a look at the full category, see ourunderground drill jumbo financingoverview.
Boomer M2 C Design and Why Lenders Should Understand It
The Boomer M2 C uses two independently articulated booms mounted on a tramming chassis, with each boom carrying a COP 2560 hydraulic rock drill. The COP 2560 is a high-frequency percussive drill rated for 18 kW of impact power, suitable for standard development work in competent hard rock. The booms are hydraulically adjusted for angle, extension, and rotation, giving the operator the flexibility to drill a full face pattern from a single setup position in most standard-width development headings.
Epiroc's RCS platform integrates the drill controls, boom positioning, and diagnostics into a single control interface. The system allows the operator to call up pre-programmed drill patterns, reducing setup time at the face and improving repeatability between rounds. Data logged by the RCS includes individual hole depth, drill angle deviation, and percussive energy consumption per hole, providing a detailed operational record that is useful both for production planning and for equipment condition assessment on used machines.
The Boomer M2 C is available in both diesel and battery-electric configurations. The battery-electric variant (Boomer M2 C Battery) eliminates diesel exhaust from the heading environment, which reduces ventilation requirements and improves air quality for the crew. Battery-electric Boomer units command a premium in the current secondary market as mines push toward zero-emission underground operations, and that premium is reflected in our collateral valuation for used electric units.
New Boomer M2 C Versus the Secondary Market
A new Boomer M2 C in diesel or battery-electric configuration represents a current-generation machine with full Epiroc warranty coverage and access to the latest RCS software updates. For a contractor entering a long development contract or a mine opening a new underground level, a new unit removes early-life maintenance risk and ensures full compatibility with Epiroc's current support network. Terms of 48 to 60 months on a new Boomer M2 C are typical.
Used Boomer M2 C units from completed development projects are regularly available. Mine development is project-finite, and contractors often sell or refinance equipment after a project concludes. A machine with 8,000 to 14,000 hours that has had regular rock drill services and boom overhauls can still represent strong productive capacity, especially if the RCS data shows consistent, well-managed operation. Ourused mining equipment financingprogram assesses component condition first, machine hours second, because a machine maintained to Epiroc's service intervals holds value at hours that would cause concern on an unmaintained unit.
Battery-electric used units require additional evaluation of the battery system. Battery cycle count, remaining capacity, and thermal history are all relevant to determining how many productive years the battery system has remaining. We work with operators and independent appraisers to assess battery condition on used electric machines.
Who Finances the Boomer M2 C
Underground development contractors who drill heading meterage for mine owners on fixed-price or target-meterage contracts are the largest customer category for the Boomer M2 C. These firms live and die by machine availability and drilling performance. A Boomer that is down for unplanned maintenance means missed meters, which means missed contract milestones. Financing the machine is a business-critical decision, and we treat it that way.
Junior mining companies advancing underground projects from exploration into development use the Boomer M2 C to drive the access headings and exploration drives that define the ore body. For a junior, buying rather than renting a Boomer M2 C can reduce per-meter cost significantly on long projects, and financing spreads the capital requirement over the period of project development. Ourstartup mining business financingprogram is available for emerging operators who are past the exploration phase and into funded development.
Underground gold and silver operations in Idaho, Colorado, and Alaska, where development-stage and small-scale production mines represent a significant market, are a primary geographic focus. Operators nearCoeur d'Alene, IDserving the historic Silver Valley district, and those operating inFairbanks, AKserving Alaska's gold sector, have historically worked with equipment at this scale. Ourunderground mining equipment financingpage covers the full underground sector, and oursilver mining equipment financingpage provides industry-specific context.
Get Boomer M2 C Financing Terms
Development rate is what the project depends on, and the machine behind it needs a financing structure that is just as solid. Tell us the machine and the project, and we will get you a real answer without the back-and-forth.