Sudbury, Ontario, Canada- December 21, 2015 – Rail-Veyor Technologies Global Inc. is proud to announce it signed a contract to install a Rail-Veyor system at Agnico Eagle Mines Limited’s (NYSE:AEM, TSX:AEM) (“Agnico Eagle”) Goldex Mine in Val-d’Or, Quebec, Canada. The 3 km underground material handling system will be installed during 2016 and is intended to be operational in early 2017.
This Rail-Veyor system will provide Agnico Eagle with leading edge automated material handling technology as part of the new Deep 1 project at the Goldex mine. It will bring key benefits of improved safety and cost savings while doing so as an environmentally “Green” operation for Agnico Eagle.
“We thank Agnico Eagle for being an industry innovator and showing leadership in bringing new technology improvements to underground mining.” comments Frank Ward, VP of Sales & Marketing for Rail-Veyor.
About Rail-Veyor®
Rail-Veyor Technologies Global Inc. provides bulk material handling solutions world-wide to the mining and aggregate industries. The Rail-Veyor technology can effectively transport ore, coal, aggregate, waste materials, wood chips and other industrial bulk materials over long distances with complex routes, over difficult topographies and below in drifts and on ramps underground. Rail-Veyor’s head office is in Sudbury, Ontario, Canada with regional offices in the Toronto area in Canada, and in the Chicago area in the U.S.A. To learn more or to schedule a tour of a Rail-Veyor installation, please go to http://www.rail-veyor.com/materialhauling