SPT present at the CCMEC 2023 Convention
SPT has participated in The Central Canada Mineral Exploration Convention (CCMEC) on November 6 and 7 to showcase its latest directional surveying solutions at the Victoria Inn Convention Centre, Winnipeg (Canada).
CCMEC has been a meeting place for all stakeholders in the exploration and mining industry, including investment companies, exploration companies, government officials, prospectors, ESG organizations, suppliers and academic institutions.
At the convention, the latest developments in the industry have been discussed, in addition to sharing knowledge, networking, and exploring new business opportunities.
SPT located at booth #63
Anthony Seredynski, SPT’s Canadian Operations Manager, has been located at booth #63 welcoming all visitors who came to see the latest innovations of the company.
Some of these solutions were Polestar Aligner, the tool that provides reliable alignment at all latitudes with accurate real-time azimuth and inclination data; GyroMaster™, designed to accurately and continuously measure the trajectory of vertical boreholes; or GyroLogic™ Evo, which offers the optimal balance between versatility and operational efficiency thanks to its compact size.
CCMEC and mining in Canada
Canada is a nation rich in natural resources, with a share of the world’s production of 13 minerals and metals, many of which are integral to low-carbon technology.
Some of the top mining companies in Canada are among the largest in the world, earning revenues of $143 billion in 2021, helping the nation take its place among the industry’s elites.
The country’s top mining provinces are Quebec, Ontario and British Columbia.
- Quebec has the most diversified mining industry, including products such as iron, zinc, gold and diamonds.
- Ontario is the largest producer of minerals and metals, with gold, copper and nickel as its main products.
- British Columbia is a producer of copper, coal, gold, silver, zinc and lead.
The Mining Association of Canada has established the program TSM (Towards Sustainable Mining) to drive performance and ensure that key mining risks are managed responsibly at its members’ sites.
TSM is a set of tools and indicators that serves to drive world-leading environmental practices, community inclusion, and commitment to the safety and health of employees and surrounding communities.
In general, within the mining industry, venture capital comes from Canada, with 75% of the world’s mining companies choosing Canada as their country of registration.
Sixty percent of those that issue shares on the stock exchange are listed on the Toronto Stock Exchange (TSX).
The TSX allocated C$220 billion to equity financing in the mining sector between 2007 and 2011, placing Toronto well ahead of its direct competitor, the London Stock Exchange (LSE).
With its success at the CCMEC, SPT consolidates its position as a pioneer and benchmark company in the global mining, oil and gas industry.
The event has served as a platform to strengthen ties with existing clients and establish new contacts, ensuring the company’s continued growth and presence in the global market.
SPT’s innovative approach to technology and commitment to operational excellence propels the industry forward, setting new standards for accuracy and reliability.
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