DMC Mining Services is a mining services
contractor, otherwise known as a mining contractor. Its headquarters are in
Vaughan
Vaughan () (2021 population 323,103) is a city in Ontario, Canada. It is located in the Regional Municipality of York, just north of Toronto. Vaughan was the fastest-growing municipality in Canada between 1996 and 2006 with its population increas ...
,
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...
, and
Salt Lake City
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the capital and most populous city of Utah, United States. It is the seat of Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, th ...
,
Utah
Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to it ...
.
The company began in 1980 as Dynatec Mining Limited. DMC Mining Services had three ownership assets in its portfolio: Ambatovy, FNX Interest, and Coal-Bed Methane. Dynatec Mining Limited began as a privately held mining services company that specialized in
shaft sinking
Shaft mining or shaft sinking is the action of excavating a mine shaft from the top down, where there is initially no access to the bottom. Shallow shafts, typically sunk for civil engineering projects, differ greatly in execution method from ...
, mine construction, lateral development for
hard rock and
soft rock mines, and
raise
Raise may refer to:
Music
*''Raise!'', the name of a 1981 album by Earth, Wind, and Fire
* '' Raise'' (album), the name of a 1991 album by Swervedriver
Place names
* Raise, Cumbria, England
* Raise (Lake District), the name of the 12th highe ...
development. The company's principal founders were W. Robert Dengler, William M. Shaver, and Fred Edwards. Dynatec grew to become one of the major Canadian mine contracting firms providing services to the mining industry in Canada and abroad and was employed by many of the major mining companies.
Dynatec Mining Limited was acquired by the Metallurgical services division of
Sherritt International
Sherritt International is a Canadian resource company, based in Toronto, Ontario. Sherritt is a world leader in the mining and refining of nickel and cobalt – metals essential for the growing adoption of electric vehicles. Its Technologies Grou ...
and spun out as a publicly traded company "Dynatec Corporation" on the TSX as a dividend in kind to Sherritt shareholders. The company's focus shifted to equity ownership of mining properties through the late 1990s until it was subsequently acquired in a friendly takeover offer by Sherritt during 2007.
In October 2007 Sherritt sold the mining services division of the former Dynatec Corporation to
FNX Mining
Quadra FNX Mining Ltd was a Vancouver, British Columbia-based company that produced copper, nickel, platinum, palladium, gold, cobalt, and molybdenum with operations in Nevada, Arizona, Chile, Greenland, and the Sudbury Basin, Ontario, Canada.
...
.
References
External links
DMC Mining Services
Mining companies of Canada
Companies based in Vaughan
Mining engineering companies
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