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New CEO of the Datwyler Group

As was announced in spring 2016, Dirk Lambrecht took over management of the Datwyler Group as CEO on 1 January 2017. Paul Hälg, who held the position from 2004, stepped down at the end of 2016 and will be recommended for election to the post of Chairman at the Annual General Meeting in March 2017. He will succeed Ulrich Graf, who will be stepping down from his post for age-related reasons after 12 years at the 2017 Annual General Meeting.

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SSAB invests in its Nordic Operations

SSAB will invest more than SEK 500 million in its Nordic operations to support the automotive growth strategy, increased production stability and reduced energy consumption. The investments will be made in operations at the Hämeenlinna and Luleå sites and the projects will start in late 2016.

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Continental reaffirms Commitment to the Mining Industry with broad Portfolio of Products and Services


  • Customers receive custom-designed solutions in all areas from a single source
  • New Underground mining and earthmoving tires will be presented for the first time
  • Industrial hydraulic hoses for mining applications to be featured at the show
  • Power train belts and vibration control systems for more efficiency and comfort
  • 360-degree camera systems, displays and instrumentation cluster ensure safety in mines
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Rema Tip Top increases Stake in Cobra to 100 per cent

Rema Tip Top has increased its stake in Cobra Group/Depreux to 100 per cent. The complete takeover of Cobra, a specialist in the manufacturing of conveyor belts and accessories for the mining, food, agricultural, packaging and logistics sectors, allows Rema Tip Top to further strengthen its global conveyor technology business.

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Wacker Neuson and Caterpillar to end strategic Alliance for mini hydraulic Excavators in 2018

In 2010, Wacker Neuson and Caterpillar entered into a strategic alliance which saw Wacker Neuson developing and producing mini hydraulic excavators under three tons operating weight exclusively for Caterpillar at its production plant in Hörsching, Austria. Initiated by Caterpillar, both parties have today agreed to end their strategic alliance as of May 31, 2018. Caterpillar plans to manufacture and market its own mini hydraulic excavators in future. Wacker Neuson will continue to manufacture selected mini excavator models until end of 2019 as part of an ongoing OEM supply relationship.

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Eldorado announces new Exploration Projects in Romania, Serbia and Brazil

Eldorado Gold Corporation, ("Eldorado" or "the Company") announces plans at four new exploration projects.

  • The large Bolcana porphyry copper-gold system in Romania, recently acquired through public auction, provides a new opportunity contiguous with the Company's growing land package in the highly prospective Apuseni mining district in Romania.
  • The Borborema and Nazareno gold projects in Brazil will be explored under an option agreement with Votorantim Metais. These new projects expand the Brazilian exploration portfolio into two regions with proven metallogenic potential, and establishes a partnership with a highly respected local mining company with a long history of discovery and mine development.
  • The Karavansalija Mineralized Centre project in Serbia is a large skarn and epithermal system with multiple mineralized zones and untested targets, and provides an entry into this emerging mining-friendly jurisdiction.
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Vinci becomes a Road Concessionaire in Peru

  • Acquisition of Lamsac, concessionaire of the Linea Amarilla highway in Lima, Peru, and PEX, which operates the associated electronic toll collection system.
  • Concession for construction, operation and maintenance of a 25km-toll road in the center of Lima, Peru
  • Transaction amount as of 31 December 2015: PEN 5.5 billion, around EUR 1.5 billion
  • Total traffic: 134,000 vehicles / day in 2015, concession running until November 2049
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Rio Tinto releases Q2 Production Results

Rio Tinto chief executive J-S Jacques said “Rio Tinto has delivered another robust quarter of operational performance. We continue to focus on value and maximising cash flow from our assets, through both commercial and operational excellence while maintaining capital discipline. This will ensure that Rio Tinto is well-positioned to generate compelling and consistent returns for our shareholders.”

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