Railveyor’s automated system allows for loaded trains traveling to discharge and empty trains returning to load to pass one another simultaneously preventing delays in the production haulage cycle. (Image courtesy of Railveyor)
Agnico Eagle Mines (TSX, NYSE: AEM) has revealed that the Railveyor system implemented at its Goldex mining complex has reduced carbon emissions by 39% and lowered opex by up to 75%. This marks a significant milestone in Agnico’s journey toward achieving net-zero by 2050.
Located in Val-d’Or, Quebec, the Goldex mine has faced challenges with deeper zones and low-grade ore. To address these, Agnico replaced traditional diesel truck haulage with the all-electric Railveyor system in 2017, leading to transformative results.
Agnico’s studies show that the Railveyor system has significantly reduced emissions and proven to be cost-effective. A study by NRCan-CanmetMINING confirmed that the system…
