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SMT Scharf takes over Canadian Mining Specialist RDH Mining Equipment

SMT Scharf AG (WKN 575198, ISIN DE0005751986) has indirectly acquired an interest in 100 percent of the shares in RDH Mining Equipment, based in Alban, Canada, through its wholly-owned subsidiary SMT Scharf Corporation, also based on Alban, Canada. With this acquisition, SMT Scharf AG is further pursuing its corporate strategy and strengthening its market position as an integrated system provider in the underground logistics area. The purchase price amounts to around CAD 8.0 million (corresponding to approximately EUR 5.17 million).

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Sustainable and reliable Hatch-designed Chaudière Dam in Canada officially opens

In 1998, Public Works and Government Services Canada (PWGSC) began the commissioning of physical investigative studies and engineering feasibility studies for the Big Chaudière Dam, one of the three dams located on the French River in Dokis, Ontario, Canada. The results from the studies, coupled with dam safety reviews performed in 2005 and 2011, led to the consensus that the dam needed to be replaced with a new structure immediately downstream of its existing location.

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