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MINING PEOPLE: Eastmain Resources, Eco Oro Minerals, Marcotte Mining, and Rubicon Minerals

Source: Daily News | 2015-10-08
Dr. Laurence Curtis has been appointed a director and chairman of Eastmain Resources in Toronto. He is credited with the initial discovery and staking of the Back River gold belt and led teams to the discovery of several epithermal systems in...

VALVES: CGIS celebrates 35 years

Source: Daily News | 2015-10-08
VANCOUVER - To celebrate 35 years in the business, CGIS brought together its entire team and their spouses for a weekend of fun in Whistler, BC. The 100 guests, from eight locations around the globe, participated in team building events...

Glencore stock crash reverberates across mining sector

Source: Daily News | 2015-10-08
Back in May 2013, as we editorialized about the still-fresh merger of trading house Glencore and mining major Xstrata – a deal creating a US$70-billion company that still ranks as the largest M&A move in mining history – we...

OIL SANDS: COSL rallies against Suncor takeover bid

Source: Daily News | 2015-10-07
CALGARY – Canadian Oil Sands Ltd. has adopted a shareholders rights plan to fend off the hostile takeover bid by Suncor Energy. Earlier this week, Suncor offer to buy up all COSL shares and assume its debt in a deal worth $6.6 billion.

LIGHTING: Doosan offering new light towers

Source: Daily News | 2015-10-06
STATESVILLE, South Carolina – Doosan Portable Power has expanded its line of portable light towers with the introduction of two small body model light towers – the LSV6 and LSV8. Both include many of the same premium features and...

OIL SANDS: Suncor makes $6.6B bid for Canadian Oil Sands Limited

Source: Daily News | 2015-10-05
CALGARY – Suncor Energy has made an unsolicited, $6.6-billion takeover bid for Canadian Oil Sands Ltd. COSL shareholders would receive 0.25 of a Suncor share for each outstanding COSL share, an offer worth $4.3 billion. Suncor would also...

POTASH: PotashCorp withdraws K+S offer

Source: Daily News | 2015-10-05
SASKATOON – Potash Corporation of Saskatchewan has withdrawn its proposal to negotiate a transaction with K+S Aktiengesellschaft of Germany. On May 31, 2015, PotashCorp offered €41 for each K+S share in a deal that would see...

PUMPS: KSB Canada adds new Etaline in-line pump to product line-up

Source: Daily News | 2015-10-05
MISSISSAUGA, Ontario - Etaline R pumps from KSB Canada combine the reliable, low maintenance features of the company’s Eta family of single-stage centrifugal pumps with an in-line design that makes these models ideal for pressure boosting...

MINING PEOPLE: Amerigo, INV Metals, Nevada Exploration, Pretium, and Puma Exploration

Source: Daily News | 2015-10-01
Amerigo Resources of Toronto has made some changes to its leadership as Dr. Klaus Zeitler retires as CEO but remains chairman of the board. Rob Henderson, currently president and COO, will assume the role of CEO. Aurora Davidson becomes...

Asset management is key to improving performance

Source: Print Archives | 2015-10-01
Changing market conditions, an uncertain global economy, and shareholder demands are driving mining companies worldwide to find ways to improve existing assets. The Quebec mining and metals industry is no exception. In many respects, it faces...