Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Bullion has fallen six days in a row and is set for a weekly loss of more than 4%.
SGS Canada is launching a new service for the metals and mining industry — Field Analytical Services and Testing (FAST), in North America and Australia. FAST provides real-time data acquisition in the field by pairing portable instrumentation and machine learning. It will bring instrumentation into the field, provide data within 24 to 48 hours and, with the use of machine learning, enable real-time decision making capabilities.
“This service offering will allow our clients to optimize their exploration programs and production procedures, while making rapid decisions that support quicker speed-to-market,” said Russ Calow, VP global analytical services, minerals at SGS in Canada.
“SGS is committed to providing analytical procedures that yield meaningful, reliable data – while integrating our in-house, industry leading machine learning capabilities to give innovative, field based solutions to our clients,” he added.
The FAST solution reflects a commitment to servicing the mining and smelting industries throughout the entire value chain, leveraging leading technologies. Whether requirements are at the mine site or in metal smelting and refining plants, SGS has the experience, technical solutions and laboratory professionals to help clients maximize value from their operations and reach their goals efficiently and effectively.
SGS is a leader in the geochemical laboratory analytical testing sector with over 160 geochemical laboratories in 45 countries. It services to the minerals sector include geochemical analysis, resource calculation, mineralogy, metallurgy, engineering, process design and engineering, process control, water treatment and trade services.
(This article first appeared in the Canadian Mining Journal.)
