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Canadian drilling activity looking up, PSAC

In its first update to the 2017 Canadian Drilling Activity Forecast, the Petroleum Services Association of Canada (PSAC) has revised its forecasted number of wells drilled (rig releases) across Canada for 2017 to 5,150 wells. This represents an increase of 975 wells, or 23 per cent, from PSAC’s original 2017 drilling forecast released in early November 2016.

Weak finish for the Canadian Mining Eye Index in Q4: EY

EY's Canadian Mining Eye index declined 13 per cent during Q4 2016. This is predominantly due to weakness in gold and nickel prices, offset partially by gains in both copper and zinc prices. For the full year 2016, the Canadian Mining Eye index rose 61 per cent, which was better than 18 per cent gains in S&P/TSX composite index.

Trump signs bill undoing oil, gas reporting rule

What’s the implication behind President Donald Trump’s promise to create jobs as he signs legislation rolling back a regulation from the Dodd-Frank financial oversight law?

MAC releases its 2016 TSM Progress Report

The Mining Association of Canada (MAC) has released its 12th annual Towards Sustainable Mining (TSM) Progress Report. A highlight is that 100 per cent of facilities surveyed had implemented a safety and health management system in 2015.

Improved oil drilling activity forecast tempered by competition risk from Trump

The Petroleum Services Association of Canada said it expects 5,150 wells to be drilled in Canada this year, up 23 per cent or 975 wells over the 2017 forecast released last November.

ISO 55000: Request for feedback around asset management

The ISO 55000 series of Asset Management standards has been available for three years, and the ISO technical committee (ISO/TC251) managing these standards is seeking input from all stakeholders to define its future work plan. The committee wants to hear of experiences in implementing asset management – success stories or barriers to implementation. They are interested in ideas for additional guidance material (standards, articles, guidance notes, etc.) or other products that might be useful. » Fill out their short survey to help plan future work.

Welding helmets reduce strain

Miller Electric Mfg. Co. has introduced the new T94 Series welding helmets, designed to reduce neck strain and fatigue, while improving operator comfort, visibility and productivity. » Read full article

Tube bevelling tool

A battery-powered boiler tube-bevelling tool that delivers the same power as a pneumatic beveller. Available from Esco Tool, the Tube Weasel Battery MILLHOG is a right-angle drive I.D. clamping, welding, end-prep tool featuring an 850 Watt motor with a proprietary gear reduction system that delivers high torque at 43 RPM. » Read full article

Reversible pneumatic drill range

Chicago Pneumatic has launched its first reversible drill range for industrial markets, which is expected to set a new high standard in terms of performance and price. The CP1114R drill is ideal for various applications in metalworking and foundries, and industrial maintenance including tapping, reaming, honing, drilling and mixing. The drills can run for 800 hours before maintenance. » Read full article

PDAC 2017 - mining investment

Date: March 5 - 8, 2017
Location: Toronto » More Info

IFPE 2017

Date: March 7 - 11, 2017
Location: Las Vegas, NV » More Info

Canadian Energy Forum 2017

Date: March 9, 2017
Location: Calgary » More Info