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.