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QRC welcomes the new Turnbull Team

The Queensland Resources Council (QRC) looks forward to working constructively with the new Turnbull Government Ministry and Cabinet. The new Cabinet sees Queensland well represented with three champions of regional communities.

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Glencore to support Paranapanema Restructuring

Glencore plc (''Glencore'') announces that it has entered into an agreement with Paranapanema (''PMA'') to support its capital and debt restructuring through an investment of R$66,000,000 (Brazilian Reais) or approximately USD$21,000,000 in PMA's possible upcoming issuance of new shares ("the Transaction").

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Continental signs collaborative Agreement with Caterpillar

 

Continental and Caterpillar Inc. have signed an agreement to equip Cat Off-Highway-Trucks (model series 770 to 775) with Continental RDT-Master tires in sizes 18.00R33, 21.00R33 and 24.00R35. The agreement also calls for the two companies to collaborate on designing new tires for two other Cat products: Medium Wheel Loaders and Articulated Dump Trucks.

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Superior announces new Crushing and Screening Dealer in Mexico

Superior Industries Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, has announced Construmac as a new dealer of Superior crushing and screening equipment. Construmac will market, sell, and service Superior’s line of crushers and screens including the Liberty Jaw Crusher, Patriot Cone Crusher, Valor Vertical Shaft Impactor, Guardian™ Horizontal Screen, Anthem Inclined Screen, and Intrepid Vibrating Grizzly Feeder.

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Sotkamo Silver announces Extension of Agreement with ABB Oy

Sotkamo Silver is delighted to announce that the agreement with ABB Oy concerning sales of technology, has been extended until June 30th 2017. The agreement covers engineering, design, delivery and supply of electrification, automation and instrumentation. The estimated value of the deliveries are about 5 million euro. The value of the supply financing is dependent on the value of the delivery.

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SMT Scharf boosts Profitability on reduced Revenue

SMT Scharf AG is reporting a considerable improvement in its operating results during the first months of the current fiscal year. The declining revenue trend at the start of the year stabilised in the third quarter, reflecting robust service business offsetting reductions in new equipment business.

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