Industry
Mining & Resources
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TC Transcontinental selling paper and woven polypropylene packaging business
MONTREAL – TC Transcontinental has signed a deal to sell its paper and woven polypropylene packaging operations to Hood Packaging Corp. for about $239 million. The company says it plans to use the net proceeds from the sale to reduce…
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Chinese firm buying Continental Gold
TORONTO – A Chinese mining company has signed a friendly deal to buy Continental Gold Inc. for $1.4 billion. Zijin Mining Group Co. Ltd. has agreed to pay $5.50 per share in cash for the Toronto-based company which is developing…
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Two workers missing at Centerra’s Kumtor mine after rockfall, operations halted
TORONTO – Centerra Gold Inc. says two workers are missing after a “significant rock movement” at its Kumtor mine in the Kyrgyz Republic. The company says the incident happened at the Lysii waste rock dump and that two employees working…
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Kirkland Lake Gold to acquire Detour Gold in stock deal worth $4.9 billion
TORONTO – Kirkland Lake Gold Ltd. has signed an agreement to acquire Detour Gold Corp. in a deal that values the company at about $4.9 billion. Under the agreement, Detour Gold shareholders will receive 0.4343 of a Kirkland Lake share…
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MRO’s 2020 Truck Preview
After an influx of new products hit the truck market in 2019, this model year is more of a transition year for many brands. Once exclusive to heavy duty pick-up trucks and a selection of full-size vans, trucks brands are…
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B.C. introduces gas price transparency law forcing companies to reveal data
VICTORIA – It’s time to reveal to drivers in British Columbia how the price of gasoline is set, says provincial cabinet minister Bruce Ralston. If passed, legislation introduced Monday would legally force oil and gas companies to make known how…
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Great Panther reports second mining fatality in less than two weeks
Vancouver-based Great Panther Mining Ltd. says an employee was killed late Sunday at the processing plant of its Coricancha Mine complex in Peru. The news comes less than two weeks after Great Panther reported a contractor’s 41-year-old employee was killed…
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Rockhopper Industrial Announces Complete Line of PVF and Oilfield Products
Rockhopper Industrial is implementing a direct-to-market supply chain model, and has eliminated the costs traditionally associated with engineering, producing, testing, transporting, and delivering PVF and other oilfield equipment. “Traditional PVF suppliers are operating unnecessarily expensive processes to produce their parts,”…
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B.C. should demand miners pay cleanup costs up front: Indigenous study
VANCOUVER – A report is urging British Columbia to get better financial guarantees that mining companies will pay for the mess they make. The First Nations who commissioned the study say that if the government doesn’t do it, they will.…
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Semafo raises death toll to 39 from ambush of bus convoy in Burkina Faso
MONTREAL – The death toll from last week’s attack on employees of a Canadian gold miner in Burkina Faso has been raised to 39 people. Montreal-based Semafo Inc. previously reported at least 37 fatalities after an ambush Wednesday on a…
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Great Panther Mining reports fatality in a rock fall at Mexican mine
Vancouver-based Great Panther Mining Ltd. says a contractor’s employee was killed at its San Ignacio underground mine in Mexico. The intermediate gold and silver mining company says the fatality occurred Friday afternoon during an isolated rock fall at the mine,…
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FLIR InfraCanada 2019 Concludes in the Falls
FLIR Canada recently held its InfraCanada 2019 event at the Marriott Niagara Falls Fallsview in Niagara Falls, Ontario. The event hosted 60 people, and allowed infrared thermographers to learn and share skills. “InfraCanada in its 11th year, has got better each year…
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Sprott Resource restarts Chilean mine after shooting death, guard injury
TORONTO – Sprott Resource Holdings Inc. says it is restarting operations at its Chilean copper cathode mine after an incident on Sunday resulted in a security guard being severely injured and another person being shot to death. The Toronto-based company…
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Nova Scotia needs better assessment of contaminated mine sites, fraud: report
HALIFAX – Nova Scotia’s auditor general says the province hasn’t sufficiently investigated potential contamination at many old and abandoned mine sites, meaning there could be unknown future hits to the government’s finances. Michael Pickup released a report Tuesday saying the…
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Former Bre X chief geologist John Felderhof dies in the Philippines
CALGARY – John Felderhof, the only executive ever prosecuted in the Bre-X Minerals Ltd. gold hoax of the 1990s, has died in the Philippines at 79 years old, according to his Toronto lawyer. The former chief geologist of the Calgary-based…
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Canadian utilities company wins award in global infrastructure competition
By: Rehana Begg Epcor was able to digitalize assets, which enabled it to quantify asset health and realize 15% improvement in reliability. Epcor Utilities, headquartered in Edmonton, has been named the winner in the Utilities and Industrial Asset…
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Miner Teck Resources reports Q3 profit down, plans to cut 500 full time jobs
Teck Resources Ltd. says it will cut 500 full-time equivalent jobs as it focuses on trimming $500 million from planned spending through to the end of 2020. The Vancouver-based miner said Thursday it wants to improve efficiency and productivity after…
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BHP sets 2021 timeline for Saskatchewan potash mine investment decision
SASKATOON – Australian mining giant BHP Group Ltd. says it hopes to make a final investment decision on a massive potash project in Saskatchewan in early 2021. In its latest quarterly report, the company says its board of directors will…
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SNC Lavalin reaches settlement over Chile mining contract termination
MONTREAL – SNC-Lavalin Group Inc. says it has reached a settlement with Chile’s state-owned copper mining company about its decision last March to terminate a US$260-million mining and metallurgy contract. No financial details were provided but the Montreal-based company said…
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PRUFTECHNIK Rotalign Touch EX
PRUFTECHNIK ROTALIGN touch EX is for maintenance professionals working in explosive atmospheres. It is ATEX/IECEX Zone 1 certified, eliminates the bureaucracy of “hot work permits” and simplifies alignment in EX areas. Maintenance technicians in the oil and gas, petrochemical and…
