Rail-Veyor plays a key role in improving performance at Agnico Eagle’s Goldex Mine

Here’s an excerpt from their quarterly report.

Rail-Veyor Takes 3rd Place at the 2019 Mining Cleantech Challenge

Rail-Veyor was chosen by mining executives and investors in the industry as one of the best among a competitive field of 12 total companies representing the U.S., Canada and Israel. An international team of judges reviewed and voted on the winners.

The third annual Mining Cleantech Challenge quickly and efficiently provides targeted connections between mining industry operators, OEMs, and clean technology solution providers with a mutually beneficial goal of meeting industry’s needs while simultaneously introducing innovative solutions to the marketplace.

“While the global mining industry navigates an evolving market, certain producers are integrating innovative technology and alternative, less polluting energy sources into mining operations,” said Shelly Curtiss, Executive Director of Colorado Cleantech Industries Association, which hosts the Mining Cleantech Challenge.

To be successful in today’s mining industry, you need advanced solutions, solutions that impact your bottom line but also advance your social license to operate. Mining companies are looking for ways to save water and energy within their facilities and are engaging their suppliers to integrate practices that conserve resources through remote sensing, on-site power, data analytics, and other methods. Rail-Veyor is proud to be included among this distinguished list.

“It is truly an honor to receive such an award but it’s also amazing to think that in certain situations if a Rail-Veyor system is used then the top two winning solutions would not be needed,” stated Jim Fisk, Executive Chairman of Rail-Veyor Technologies Global Inc.

Rail-Veyor Expands with a New Tech Center to Meet Industry Demand

Rail-Veyor is pleased to announce the establishment of the Rail-Veyor Tech Center in Houghton, Michigan. This new technology center will work in conjunction with our Canadian headquarters in the design, engineering, and execution of current and ongoing projects to meet customer needs.

The Tech Center is staffed with experienced engineers and project managers who are dedicated to delivering the highest level of technical service to support feasibility studies, product design, installation and commissioning.

Rail-Veyor® Material Handling System is now hauling all Deep 1 production material at Agnico Eagle's Goldex Mine

SUDBURY, ONTARIO, CANADA – March 21, 2018 – Rail-Veyor Technologies Global Inc. is proud to announce that it's Rail-Veyor system is now hauling all of the production material at Agnico Eagle Mines Limited's (NYSE: AEM, TSX: AEM) Goldex Mine in Val-d'Or, Quebec, Canada for their Deep 1 project. Installation of the energy-efficient 3 km underground system began as part of Goldex's new Deep 1 project which was started up in July 2017.

The Rail-Veyor system was installed to haul material at lower operational costs than other alternatives such as trucks or conveyors. As mine production has ramped up, a total of six Rail-Veyor trains are being used in a fully automated and synchronized operation.

"We're very pleased that we were able to successfully provide this safe, green, and efficient system for Agnico's Goldex Mine," says Frank Ward, V.P. Sales and Marketing for Rail-Veyor. "Now that this industry-leading technology is operational and hauling the Deep 1 production material, Agnico Eagle will continue to benefit with every load."