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23.03.2021 (395 Clicks)

IDS GeoRadar announces SLYX for slow Movement Analysis on Tailing Dams

The new Guardian algorithm developed in cooperation with Geopraevent, recently acquired by Hexagon, plays an important role for early precursors of potentially catastrophic tailing dams failures.
Two of the leading players in the monitoring industry, Geopraevent and IDS GeoRadar, both Hexagon companies, today introduce SLYX Slow Movement Analysis, a solution that goes beyond standard analysis of tailing dams.

23.03.2021 (412 Clicks)

Farrington Station built by BAM Ferrovial Kier JV first Central London Elizabeth Line Station handed over by Crossrail to TFL

Crossrail has handed over the Farringdon Elizabeth line station, built by the BAM, Ferrovial, Kier joint venture (Team BFK), to Transport for London (TfL), making it the first central London station to reach handover.

23.03.2021 (479 Clicks)

Glencore announces CEO Succession and Board Changes

Glencore plc today announces:

CEO succession

Further to the announcement of 4 December 2020 regarding the CEO succession process, Ivan Glasenberg will retire on 30 June 2021.

23.03.2021 (373 Clicks)

Major Milestone achieved in Teesside Flood Scheme in United Kingdom

The Environment Agency and Middlesbrough Council are working together on Marton West Beck Flood Alleviation Scheme in Middlesbrough. A major step in a £4.8million Teesside flood scheme has been taken as a new debris screen is lifted into place.

Construction started on the joint Environment Agency and Middlesbrough Council scheme at Marton West Beck last year. It will reduce the risk of flooding from the beck, sea and surface water to nearly 500 homes in central Middlesbrough. During flooding the new scheme will hold flood water back in Marton West Beck and Albert Park, slowing the flow and reducing the impact downstream. The extended debris screen in the park will collect debris and rubbish that can cause flooding and plays a key role in reducing flood risk.

As well as the new screen, which extends the already existing screen on the beck, the scheme includes new stone-clad flood walls, a new drainage system, the instalment of protective fencing, and several flood storage bunds.

Leila Huntington, the Environment Agency’s Flood Manager in the North East, said: ”This project protects nearly 500 homes and businesses in the centre of Middlesbrough and will provide an economic boost for the town, as well as bringing benefits for wildlife in the wider area. Schemes such as this are essential as we see climate change bringing with it more extreme weather conditions and an increased flood risk.'

The scheme is just one of many across the North East that better protect properties and businesses as part of a £132million six year investment programme to create or improve flood and coastal defences in the region. A further £5.2billion government investment package has been secured to deliver 2,000 schemes across the country, better protecting 336,000 properties between 2021 and 2027.

Councillor Dennis McCabe, Middlesbrough Council’s Executive Member for Environment and Commercial Services, added: 'The recent extreme weather has been a timely reminder of the devastation that flooding can bring to whole communities. It’s more important than ever that we ensure that those areas at the greatest risk have the best possible protection. I’m delighted that Middlesbrough Council has been able to work in partnership with the Environment Agency to deliver this important scheme which will offer a great degree of reassurance to a large number of homes.'

Delighted to see scheme moving forward

The contractor working on the project is BMMJV, a joint venture between BAM Nuttall and Mott MacDonald.

Katie Fraser, Project Manager for BMMJV, said: 'Work on Marton West Beck Flood Alleviation Scheme started at the height of lockdown and the team had to adapt rapidly to the Covid-19 situation. As well as implementing safe practices on site we have been able to ensure the project continued as planned by working collaboratively with the Environment Agency by holding online meetings and virtual site tours and utilising technology to drive smart solutions and minimise risks on site.We are delighted to see the scheme moving towards completion knowing we have contributed to the protection of homes in Middlesbrough.'

Source: Environment Agency, Government UK

                     

23.03.2021 (452 Clicks)

BAM PPP appoints new international Business Development Director

BAM PPP is delighted to announce the appointment of Mark Moore as Business Development Director (International). He is currently a Project Director in the BAM PPP UK and Ireland business development team and will start his new international role in mid-April.

23.03.2021 (376 Clicks)

Joint plan approved for the partial and proportional Demerger of Astaldi in Favour of Webuild

• Webuild and Astaldi Boards of Directors approved the demerger with the favorable opinion of their respective Related Parties Committees. The plan will be submitted for approval to the Astaldi and Webuild Shareholders, whose general meetings will be held, respectively, on 29 and 30 April 2021.  
  
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22.03.2021 (501 Clicks)

Canadian Pacific and Kansas City Southern agree to combine to create the first U.S.-Mexico-Canada Rail Network

Canadian Pacific Railway Limited (“CP”) and Kansas City Southern (“KCS”) announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both boards of directors, values KCS at $275 per share, representing a 23% premium, based on the CP and KCS closing prices on March 19, 2021 (and $270 per share, representing a 26% premium3, based on the respective CP and KCS 30-day volume weighted average prices (“VWAP”)).

22.03.2021 (395 Clicks)

Metso Outotec receives Order for a Mine Conveyor System in South America

Metso Outotec has received an order for a heavy-duty mine conveyor system in South America. The delivery consists of high reliability overland conveyors, including a 2-km single flight conveyor. Equipment provided in this package runs at speeds of up to 6 m/s with a delivery capacity of over 9,000 t/h. The order value is approximately EUR 10 million and it has been booked in Minerals’ Q1/2021 orders received.

21.03.2021 (524 Clicks)

Cimic's Sedgman and CPB Contractors secure $100m in Project Wins

Cimic Group’s minerals processing company, Sedgman, and construction company CPB Contractors, have further extended their presence in Queensland with the award of contracts totalling approximately $100 million in revenue.

21.03.2021 (428 Clicks)

New Bauxite Development could breathe new Life into Qld Jobs Market and Economy

The Queensland Resources Council (QRC) has welcomed the announcement of a new joint venture that, if approved, could develop a new bauxite mine and create hundreds of new jobs in Far North Queensland.