by The Canadian Press Posted Mar 18, 2013 5:06 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Most actively traded companies on the TSX, TSX Venture Exchange markets TORONTO – Some of the most active companies traded Monday on the Toronto Stock Exchange and the TSX Venture Exchange:Toronto Stock Exchange (12,781.76 down 48.27 points):Whitecap Resources Inc. (TSX:WCP). Miner. Down 33 cents, or 3.48 per cent, at $9.16 on 44,506,982 shares.Research in Motion Ltd. (TSX:BB). Wireless technology. Up five cents, or 0.32 per cent, at $15.45 on 6,071,608 shares.B2Gold Corp. (TSX:BTO). Miner. Unchanged at $3.18 on 5,892,327 shares.Bombardier Inc. (TSX:BBD.B). Transportation. Down 10 cents or 2.34 per cent, at $4.18 on 5,646,133 shares. The company is facing at least US$487 million in penalties for the expected late delivery of 59 double-decker inter-city trains ordered in 2010 by Swiss Federal Railways (SBB), according to a Swiss newspaper.MethylGene Inc. (TSX:MYG). Health care. Down three cents, or 16.67 per cent, at 15 cents on 4,923,384 shares.Trican Well Service Ltd. (TSX:TCW). Oil and gas. Up eight cents, or 0.54 per cent, at $14.83 on 3,804,572 shares. The energy sector was down 2.43, or 0.93 per cent, to 258.33 points. The April crude contract added 29 cents to US$93.74 per barrel.Toronto Venture Exchange (1,111.78 down 5.37 points):Invicta Energy Corp. (TSXV:VCA). Oil and gas. Up 12 cents, or 30 per cent, at 52 cents at 18,910,429 shares.KWG Resources Inc. (TSXV:KWG). Miner. Down one cent, or 16.67 per cent, at five cents on 4,819,688 shares.Companies reporting major news:HudBay Mineral Inc. (TSX:HGM). Miner. Down six cents, or 0.59 per cent, at $10.04 on 714,080 shares. The miner sued Manitoba’s Mathias Colomb Cree Nation over two Idle No More rallies it says blocked the entrance to where the company’s gold, zinc and copper mine is being developed.Corus Entertainment Inc. (TSX:CJR.B) (down 10 cents, or 0.39 per cent, at $25.83 on 66,845 shares) says the Competition Bureau has cleared it to buy the remaining half of Teletoon and other specialty TV interests from Astral Media Inc. (TSX:ACM.B) (down 49 cents, or 0.92 per cent, at $52.51 on 1,500 shares).The asset sale was a condition of the Competition Bureau’s approval of Astral’s takeover by BCE Inc. (TSX:BCE) (down 17 cents, or 0.36 per cent, at $46.57 on 1,546,742 shares), a $3.38-billion deal that would combine two of Canada’s largest television and radio businesses.
RCT’s Automation technology is providing innovative automation solutions at Independence Group (IGO)’s Jaguar operation, located 60 km north of Leonora in Western Australia. Jaguar, a high-grade zinc-copper-silver mine that IGO has managed since 2011, is no stranger to RCT’s Smart Technology, with the ControlMaster® Teleremote deployed on their Caterpillar 1700G loaders for the past few years.In November 2017, IGO upgraded to RCT’s state-of-the-art Guidance Automation Solution in order to speed up bogging cycle times, increase production, and minimise risk of damage to the loaders. According to Grant Hancock, Alternate Underground Manager at IGO’s Jaguar Operation, the upgrade has already delivered immediate and substantial benefits. “Since introducing the Guidance technology, we have experienced a significant reduction in cycle times for the bogger, with a 32% improvement in cycle times when bogging on long tram routes,” explained Hancock.“We realised that the greater the tram length, the greater the improvement. Recently in long winding drive, our operators tell us that the difference between Guidance and normal Teleremote is approximately 3:1 buckets.” The Guidance Automation solution controls the machine’s steering, braking and speed. The speed is determined by the minimum width of the drive and the look-ahead distance of the on-board laser units as well as the object detection feature to further assist in tight areas.In addition to the improvement in tramming times, there has also been a reduction in damage done to the machines, which is another added advantage to introducing automated technology. “There has been little to no damage on the bogger that is on Guidance compared to the other bogger that is not,” said Hancock. “This is positive on our bottom line because it means the bogger is spending less time in the maintenance shop and more time underground moving ore,” he said. Overall feedback from those working at the Jaguar operation has been very positive, with both the bogger operators enjoying the opportunity to be introduced to innovative new mining technologies, and management seeing tangible improvements in the production cycles adding significant value to the IGO business.