Industry News
Timmins, Ont. - Days before Ontarians head to the polls, representatives from Aboriginal business, mining, prospectors, forestry, local government, and the broader business community are calling for the creation of a provincial natural resource strategy with specific actions, following a roundtable discussion held today in Timmins.
Vancouver – British Columbia’s mining industry remains upbeat in 2017, as prices for most metals and minerals produced in the province continue to steadily recover from multi-year lows. Although most commodity prices remain below the record highs seen in 2011, the recent increases are part of an upward trend in the mining cycle, according to PwC Canada’s 50th edition of their annual report on the mining industry in British Columbia.
Frankfurt − Siemens’ Process Industries and Drives and Digital Factories divisions are teaming up with Bentley Systems’ Bentley Institute to establish a Process Industries Academy that will support the companies’ joint vision for cloud services and digital workflows in engineering and operations. The Process Industries Academy will help organizations to better understand and develop an effective digital strategy across all aspects of the asset lifecycle, based on the practical experience and knowledge of the industry’s leading experts.
Caterpillar recently completed assembly of the 5000th Cat 793 Mining Truck. Caterpillar data show that the milestone production figure far exceeds the manufacture of any other brand of 250-ton (227-tonne) size class truck. In production since 1991, truck number 5,000 represents the fifth generation of the 793.
Toronto – SME, FMA, AWS, PMA and CCAI, the producers and cosponsors of FABTECH, have announced a larger traditional welding presence at FABTECH Canada, taking place June 12-14 at the Toronto Congress Centre. Leaders in the welding industry, including the Canadian Welding Bureau Group, ESAB Canada and Lincoln Electric, will come together under one roof to support and represent the welding industry in greater Canada. FABTECH Canada is the largest metal forming, fabricating, welding and finishing event in the country. This year features six welding-focused educational sessions, along with top industry speakers and access to targeted technical, operational, economic and managerial solutions that address top manufacturing priorities.
Vancouver – Ritchie Bros. Auctioneers announced today that effective July 27, 2018, Greg Owens, Group President, New Sectors & Ventures, and former CEO of IronPlanet, Inc., is resigning from the business to pursue other opportunities.
Sudbury, Ont. – Vale's Sudbury Biodiversity Program received the national Towards Sustainable Mining (TSM) Environmental Excellence Award from the Mining Association of Canada (MAC) at an awards gala during the 2018 CIM Convention in Vancouver on May 7th.
Vancouver – The evening the mining community highly anticipates each year – the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Awards Gala – has arrived.
The Hague, Netherlands – Shell's subsidiary, Shell Gas B.V., has entered into an underwriting agreement with Goldman Sachs & Co, RBC Capital Markets, Scotiabank and TD Securities, for the sale of 97,560,975 shares in Canadian Natural, representing its entire interest in Canadian Natural resulting in total pre-tax proceeds of approximately $3.3 billion.
Sudbury, Ont. – Rail-Veyor Technologies Global Inc. is proud to announce that it's Rail-Veyor system is now hauling all of the production material at Agnico Eagle Mines Limited's Goldex Mine in Val-d'Or, Quebec, for their Deep 1 project. Installation of the energy-efficient, three km underground system began as part of Goldex's new Deep 1 project which was started up in July 2017.
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