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optimistic corporate update

Hitachi introduces five mining electric drive shovels

Five electric drive mining shovels introduced to U.S. and Latin American markets

Hitachi Construction Machinery introduced five new electric drive mining shovels (EX1900E-6 to EX8000E-6) to U.S. and Latin American markets. The zero-emission electric drive motors are designed to reduce operating costs where low-cost electricity is available. The shovels feature reduced maintenance requirements and eliminate consumables like engine oil, filters, and coolant.

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Hitachi Construction Machinery - Americas
Feb 26
optimistic corporate update

Hydraulic products distribution deal unites Bosch Rexroth and Norcan Fluid Power in Western Canada

Sole distribution deal for Western Canada effective March 1, 2016

Bosch Rexroth and Norcan Fluid Power announced a distribution partnership making Norcan the exclusive distributor for Bosch Rexroth industrial and mobile hydraulics products across Western Canada. The deal covers British Columbia, Alberta, Saskatchewan and Manitoba, with mining and energy sectors representing 60-70% of Norcan's business.

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Norcan Fluid Power Ltd.
Feb 19
optimistic corporate update

Liebherr-Canada Ltd. unveils impressive new and improved facilities

$24M facility investment completed

Liebherr-Canada completed $24 million in facility investments during 2015, including a new state-of-the-art mining remanufacturing facility in Acheson, Alberta and an expanded facility in Burlington, Ontario. The company also appointed Tim Petersen as Managing Director to help lead the expanding business with over 330 employees.

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Liebherr-Canada Ltd.
Feb 4
forward thinking corporate update

Xylem has made water system improvements easy with a four-step process

Four-step water system optimization process

Xylem Applied Water Systems has introduced a four-step process to help mining operations optimize their water pumping systems for improved efficiency and reduced downtime. The company, which serves over 140 countries, is maintaining growth plans in the mining sector despite industry downturns and focuses on minimizing total cost of ownership through systematic pump audits and optimization.

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Xylem
Jan 20
optimistic corporate update

GFS Corp names Wajax and Cullen Diesel Power as new Canadian Distributors

300,000 hours accumulated by LNG-converted haul trucks

GFS Corp has appointed Wajax and Cullen Diesel Power as Canadian distributors for its EVO-MT natural gas conversion systems for mining haul trucks. The announcement comes as Teck Resources begins a pilot program testing LNG fuel in Komatsu haul trucks at its Fording River coal operation, with approximately 300,000 operating hours already accumulated across converted fleets.

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GFS Corp
Coal Gas Jan 11
optimistic production update

Saskatchewan’s Cameco sets production outlook for Cigar Lake operation

16 million pounds U3O8 production outlook for 2016

Cameco announced that its Cigar Lake uranium operation is expected to produce 16 million packaged pounds of uranium concentrate in 2016, with Cameco's share being 8 million pounds. The production target is subject to regulatory approval to increase the McClean Lake mill's licensed production capacity from 13 million to accommodate the higher output.

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Cameco Corporation CCO
Uranium Jan 11
forward thinking corporate update

Concrete, steel, or fabric mining facilities? A comparison

20-30 year lifespan for fabric buildings

An industry analysis compares three building materials for mining facilities: concrete, steel, and fabric structures. The article evaluates durability, cost, energy efficiency, and portability factors to help mining companies select appropriate construction materials for their operations.

Jan 6
optimistic corporate update

M&E story results in BBN live interview for Cranbrook-based company

BNN live interview secured

Caliper Machine and Hydraulics Ltd., a Cranbrook-based company, secured a live interview on BNN Commodities after being featured in Mining & Energy magazine. The company specializes in innovative products for mining companies that reduce costs and increase efficiency during the resource sector downturn.

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Caliper Machine and Hydraulics Ltd.
Dec 17
optimistic corporate update

Software keeps tabs on expensive tools

thousands of dollars saved annually

Suncor Energy implemented an automated tool tracking system using ToolHound software and a motorized carousel at its Fort McMurray oilsands operations, eliminating the need for four rotating tool crib attendants. The system allows workers to access tools by entering their employee ID, with the carousel automatically delivering requested items, saving thousands of dollars annually in labor costs.

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Suncor Energy
Oil Dec 15
optimistic project development

Teck announces first in Canada LNG haul truck at Fording River Mine

35,000 tonnes CO2 reduction annually potential

Teck Resources is piloting LNG-powered haul trucks at its Fording River coal mine in B.C., marking the first use of LNG fuel for haul trucks at a Canadian mine site. The pilot could reduce GHG emissions by up to 20% and potentially save over $20 million annually in fuel costs across operations.

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Teck Resources Limited TCK.A
Coal Dec 14
optimistic project development

Legacy Potash project 50% complete, 150 more people to be hired.

$4.1 billion project 50% complete

K+S Potash Canada's $4.1 billion Legacy Project in southern Saskatchewan has reached 50% completion with startup scheduled for summer 2016. The company plans to hire 150 additional employees and expects to reach 2.0 million tonnes of production capacity by end of 2017.

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K+S Potash Canada
Potash Nov 30
optimistic corporate update

Britespan wins manufacturing excellence award from Huron Manufacturing Association

2015 HMA Exporting Award winner

Britespan Building Systems Inc. won the 2015 Huron Manufacturing Association Exporting Award, recognizing the company's success in international markets and export growth. The Clinton, Ontario-based manufacturer was also a finalist for Innovation and Corporate Citizenship awards, demonstrating continued expansion and job creation in rural Ontario.

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Britespan Building Systems Inc.
Nov 27
pessimistic corporate update

Closures and reduced footprint for Finning in Western Canada

27 facility closures reducing footprint by 20%

Finning International, the Caterpillar dealer for western Canada, announced the closure of 11 additional facilities following 16 previous closures, reducing its western Canadian footprint by over 20% by mid-2016. The company also cut 1,100 jobs (20% reduction) and reported Q3 2015 revenues down 16% due to significantly lower equipment demand from all sectors, particularly Alberta construction.

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Finning International
Nov 19
forward thinking corporate update

Alicia Woods appointed general manager at Marcotte Mining

Alicia Woods appointed general manager at 37

Alicia Woods has been appointed general manager of Marcotte Mining, the same position her father Paul Marcotte was set to assume when he died in 1992 at age 37. Woods aims to lead the underground mining equipment company back to its innovative roots through product line updates and R&D focus.

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Marcotte Mining
Potash Nov 13
forward thinking corporate update

Boart Longyear launches MDR700, the next generation underground coring rig with advanced mobility

80% faster movement between drill holes

Boart Longyear launched the MDR700, a next-generation underground coring rig featuring advanced mobility with a Manitou four-wheel drive carrier. The rig demonstrates 80% faster movement between holes compared to regular underground exploration rigs and offers 270-degree drilling angles with enhanced safety controls.

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Boart Longyear
Copper Gold Nov 12
optimistic corporate update

Cleanfix newly launched hydraulic fans are cooler than ever

30% drive power savings

Cleanfix launched upgraded hydraulic cooling fans featuring HSC-Series, HVP-Series, and HT-Series models for agricultural and commercial vehicles. The new fans offer 30% drive power savings while maintaining cooling performance and include smart-seal systems, extended control features, and reversible operation.

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Cleanfix
Oct 29
forward thinking project development

Electricity-powered vehicles go underground in Ontario

65 kilometres range with 2,400 pounds cargo

Goldcorp is testing two electric underground mining vehicles at its Musselwhite Mine in northwestern Ontario to potentially replace its diesel-powered fleet. The test involves the Minecat UT150-eMV and PapaBravo Marmot vehicles, with evaluations running until December 2015 to assess emissions reduction, fuel consumption savings, and maintenance cost benefits.

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Goldcorp Inc.
Gold Potash Oct 26
optimistic project development

$70M Stewart World Port opens to serve resource sectors

$70M port facility opened

The Stewart World Port, a $70 million deep sea port facility in northern British Columbia, officially opened on September 16, 2015. The first commercial wharf built on BC's coast in over thirty years, it promises faster shipping times to Asian markets and is targeting mining, oil and gas, and project cargo sectors.

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Stewart World Port
Natural gas Oil Oct 6
forward thinking project development

Fabric structures used on massive hydroelectric project

440 gigawatt-hours annually

Manitoba Hydro, in partnership with four Manitoba First Nations, is constructing the Keeyask Generating Station on the lower Nelson River. The project will feature a seven-unit powerhouse and 25 kilometers of earthen dam structures, generating 440 gigawatt-hours of hydroelectricity annually with completion expected in 2020.

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Manitoba Hydro
Hydroelectricity Sep 25
optimistic corporate update

Inuktun Services provides pipe inspection systems for energy companies

8% of world copper production inspected through 170km pipeline

Inuktun Services Ltd, a Nanaimo-based robotics company, manufactures specialized pipe inspection systems used by major energy companies worldwide. The company is expanding with a new U.S. subsidiary in Houston and has achieved 100% reliability inspecting the Escondida mine's 170-kilometre copper concentrate pipeline since 2010.

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Inuktun Services Ltd
Oil Gas Sep 25
optimistic corporate update

Brandt Tractor set to open new state-of-the-art facility

New 60th Street facility opening

Brandt Tractor Ltd. is opening a new state-of-the-art facility in Saskatoon after 23 years at their previous location on Millar Avenue. The larger facility is designed to accommodate John Deere's full range of construction and mining equipment and represents the company's confidence in Saskatchewan's economic strength.

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Brandt Tractor Ltd.
Sep 11
optimistic financing

Laurentian Bank’s Equipment Finance Division partners with BDC to facilitate equipment acquisition

Partnership with BDC to facilitate equipment financing for manufacturers

Laurentian Bank of Canada partnered with Business Development Bank of Canada to offer more flexible equipment financing options for manufacturers across Canada. The program includes financing for soft costs, capital moratoriums of 6-36 months, and longer amortization periods to improve cash flow.

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Laurentian Bank of Canada
Sep 10
optimistic corporate update

Caliper builds solutions

50% cost savings on remote lighting

Caliper Machine and Hydraulics, a Cranbrook-based manufacturer with 40+ years of mining industry experience, has developed the Soleco LED light tower as an environmentally friendly alternative to diesel-powered lighting for mining operations. The hybrid solar, wind and small-diesel unit reduces lighting costs by 50% in remote locations and cuts installation time from 30 minutes to three minutes.

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Caliper Machine and Hydraulics
Aug 31
optimistic corporate update

Hitachi completes the EH AC-3 series with two new haul trucks

Two new haul trucks launched: EH3500AC-3 and EH4000AC-3

Hitachi Construction Machinery announced the launch of two new rigid-frame haul trucks, the EH3500AC-3 and EH4000AC-3, completing their EH AC-3 series. The trucks feature advanced AC-drive systems with improved efficiency, reliability and durability features including pitch control, slip/slide control, and side skid control.

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Hitachi Construction Machinery
Aug 24