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Article: Headed on the right path: Sturgeon Falls drill survey company weathers the storm.(MINING)( Ranger Survey Systems)(Company overview)
- Article from:
- Northern Ontario Business
- Article date:
- June 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Laurentian Business Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The crash in financial markets and base metals prices hasn't deterred an international mining supplier that calls Sturgeon Falls its Canadian base.
[ILLUSTRATION OMITTED]
Until last fall's plunge, Ranger Survey Systems was on course with Canadian sales of its drill hole survey equipment, watching it increase 10 per cent annually for the last three years.
However this past winter's small order book is pretty much reflective of the world economic climate, said the company's managing director Peter Middleton.
Though exploration activity has been largely stagnant, the Brisbane, Australia native doesn't suspect the industry will be down ...