Industry News
Mississauga –The Plant Engineering & Maintenance Association of Canada (PEMAC) announced it will be working with municipalities in their efforts to improve infrastructure spending decisions through stronger asset management.
Calgary/PRNewswire – Enbridge Inc. announced that it has entered into definitive agreements to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta (the "G&P Business") to Brookfield Infrastructure and its institutional partners for a cash purchase price of CAN $4.31 billion, subject to customary closing adjustments and receipt of regulatory approvals.
Armonk, N.Y. – IBM announced it has acquired Oniqua Holdings Pty Ltd., a global innovator in Maintenance Repair and Operations (MRO) Inventory Optimization solutions and services focused on mining, oil & gas, transportation, utilities, manufacturing and other asset-intensive industries. This acquisition expands IBM's Asset Optimization Practice, helping clients reduce and optimize MRO Inventories, predict when critical parts and equipment might fail so proactive actions can be taken to avoid unplanned downtime.
Sandvik acquires privately-owned Inrock, a leading supplier of rock drilling tools and services for Horizontal Directional Drilling (HDD) in North America. Headquartered in Houston, USA, Inrock is a market leader in pilot hole bits, reamers, guidance systems, accessories and services for the premium maxi rig segment within HDD.
Agnico Eagle’s LaRonde mine is the first to utilize AutoMine with LTE communication network underground on a production scale. This will not only increase productivity and improve safety but also mark a breakthrough in technology.
Peter Voorhoeve, currently the President and CEO of Volvo Group Australia, has been named President of Volvo Trucks North America, effective Sept. 1, 2018.  He succeeds Göran Nyberg, who left the company in April; Per Carlsson will continue to serve as acting President until Sept. 1.
The mine of the future is carbon-dioxide-free, digitalized and autonomous. To set a new world standard for sustainable mining at great depth, LKAB, ABB, Epiroc, Combitech and AB Volvo have joined forces in a partnership and are starting a unique testbed in the orefields of northern Sweden.
Burlington, Ont. – Terrapure Environmental Ltd., one of Canada’s leading providers of innovative environmental solutions, announced it has completed its acquisition of the Canadian industrial services and waste management operations of Envirosystems Incorporated. Terms of the deal were not disclosed.
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.
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