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23.03.2021 (404 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 (427 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.

This news follows a number of firsts for the BFK project team. Farringdon was the first central London project team to reach Stage Completion 3 (SC3) and T-12 status, which means it was 12 weeks away from being handed over to the infrastructure manager, Transport for London. It was also the first and only Elizabeth line station to achieve the BREEAM excellent accreditation in its post-construction review. It achieved this for its dedication to the environment and social sustainability through the design and construction stages.

Throughout the delivery of Farringdon station, there were 82 apprentices and 10,000 people were inducted into Team BFK. The project team showed continued enthusiasm and commitment to innovation, as well as using new build techniques. This commitment resulted in a number of awards and was demonstrated in the team’s dedication to implementing BIM across the project.

Jose Antonio Pariente, Project Director, BAM Ferrovial Kier, said: ’Farringdon has led the way by becoming the first central London Elizabeth line station to hand over from Crossrail to TfL. The commitment from every single member of the BFK team as we have worked collaboratively with our client Crossrail throughout has been nothing short of commendable.’

‘The legacy of the construction phase – innovation, engineering, social impact will endure for generations to come. It has been an extraordinary scheme to deliver and I would like to thank all involved for their strength, resilience, and determination to get the station handed over and to the excellent standard we have achieved.’

When the Elizabeth line opens, Farringdon station will be one of the busiest in the UK, connecting with Thameslink and the London Underground.

Source: Royal BAM Group

                     

23.03.2021 (483 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 (386 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.

23.03.2021 (467 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 (391 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 (515 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 (403 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 (536 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 (435 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.