MRO Magazine

mining sector

  • News Industry

    EY’s Canadian Mining Eye Index sees struggles in Q2

    August 29, 2017 by MRO Magazine

    Toronto – EY’s Canadian Mining Eye index lost 7 per cent during Q2 2017, following an increase of 11 per cent in Q1 2017. The loss was in part due to weakness in the price of nickel, with zinc remaining

  • News Industry

    Economic conditions improve for Canada’s territories

    August 1, 2017 by MRO Magazine

    Ottawa – Economic prospects for the territories are improving thanks to higher prices for metals, precious metals and diamonds. According to The Conference Board of Canada’s Territorial Outlook, the Northwest Territories and Nunavut can expect strong growth this year, while

  • News Industry

    SNC Lavalin cutting 405 jobs in Canada mainly due to mining weakness

    December 9, 2016 by The Canadian Press

    Montreal – Engineering giant SNC-Lavalin is cutting another 405 jobs in Canada due to the weakness in the mining sector and ongoing efforts to boost its profit margin. Spokesman Louis-Antoine Paquin says the company will eliminate 186 positions in Montreal,