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26.04.2021 (608 Clicks)

ABB to deliver Trolley Assist Solution to meet Copper Mountain Mining’s sustainable Development Goals in Canada

ABB will install haul truck trolley assist infrastructure to help Copper Mountain achieve a reduction in carbon intensity by more than 50 percent in medium-term with a final target of zero by 2035.

ABB has grown its footprint in the journey to the all-electric mine by winning an order to deliver a complete open-pit haul truck trolley assist solution for Copper Mountain Mining in Canada. The installation, which includes engineering, supply and construction management for a DC substation and an overhead catenary system (OCS), combines ABB’s electrification and automation expertise in the mining industry.

23.04.2021 (471 Clicks)

bauma to be postponed to October 2022

• New date: October 24–30
• Secure planning basis for exhibitors and visitors
• Upcoming investment decisions made decision necessary now

23.04.2021 (394 Clicks)

QRC welcomes federal Funds for new Emissions Reduction Technology

The QRC has welcomed the Federal Government’s announcement of a further $539.2 million in funding for new emissions reduction projects, calling it a necessary and pragmatic step towards helping Australia meet global emission targets.

23.04.2021 (464 Clicks)

Statement by the Gateway Development Commission on Federal Permitting Dashboard Update committing to Hudson Tunnel Eis Completion

'The US DOT’s commitment to finish the Hudson Tunnel Project environmental review by May 28th is the latest demonstration of the Biden Administration’s clear resolve to expedite the project and start construction as soon as possible.

22.04.2021 (475 Clicks)

Goldman Sachs, Perella Weinberg Partners top M&A financial Advisers by Value in Metals & Mining Sector for Q1 2021, TD Securities led by Volume, finds GlobalData

TD Securities was the top mergers and acquisitions (M&A) financial adviser in the metals & mining sector for Q1 2021 by volume, while Goldman Sachs and Perella Weinberg Partners jointly held the top position by value. Both Goldman Sachs and Perella Weinberg Partners advised on one deal each worth US$1.7bn, which was the highest value among all the advisers. Meanwhile, TD Securities led in volume terms having advised on three deals worth US$1.2bn. A total of 374 M&A deals were announced in the sector during Q1 2021, according to GlobalData, a leading data and analytics company.

According to GlobalData’s report, ‘Global and Metal & Mining M&A Report Financial Adviser League Tables Q1 2021’, deal value for the sector increased by 8.3% from US$12bn in Q1 2020 to US$13bn in Q1 2021.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sachs, Perella Weinberg Partners and TD Securities were the only three advisors to cross the US$1bn mark in total value. While Goldman Sachs and Perella Weinberg Partners managed to advise on billion-dollar deal and went ahead to lead by value, TD Securities, though not able to advise on any billion-dollar deal, managed to occupy the next position by value apart from leading by volume.”

TD Securities also occupied the third position in terms of value followed by JP Morgan with one deal worth US$809m, BMO Capital Markets with two deals worth US$614m and CIBC Capital Markets with two deals worth US$535m.

Canaccord Genuity Group occupied the second position by volume with three deals worth US$459m. BMO Capital Markets and CIBC Capital Markets occupied the third and fourth position by volume, respectively.

Source: GlobalData

                     

22.04.2021 (445 Clicks)

SNC-Lavalin awarded Contract for California Department of Transportation

SNC-Lavalin Group Inc. has been awarded a three-year contract with two one-year extensions to provide a Transportation Asset Management System (TAMS) for the California Department of Transportation (Caltrans). Under the $15 million USD contract, SNC-Lavalin’s Data Transfer Solutions (DTS) business will provide services which include implementing the TAMS solution, software licensing and maintenance, and optional post-implementation support.

22.04.2021 (501 Clicks)

Costain appoints Network Rail Client Director

In her new role as Network Rail client director at Costain, the smart infrastructure company, Ann-Marie Morrison will work collaboratively with Network Rail to plan and deliver complex programmes which are more effective, more efficient and create opportunities for local communities.

21.04.2021 (374 Clicks)

New Product from Maplesoft provides a flexible Mathematics Tool for Engineering Projects

Maplesoft announced Maple Flow, a new mathematics tool that allows engineers to more easily brainstorm, develop, and document their mathematics and analyses.

20.04.2021 (603 Clicks)

Environmental Preparations for Engebø Operation in Norway started

Nordic Mining has started a monitoring program for migrating smolt (juvenile salmon) in adjacent rivers of the Førde Fjord. The program will cover two migration seasons, 2021 and 2022, and secure valuable information of smolt migration prior to production at Engebø. Advanced monitoring equipment has been installed at two representative locations in rivers surrounding the fjord.

20.04.2021 (467 Clicks)

Hexagon's Mining Division awarded significant Project at Indonesian Gold Mine

Hexagon’s Mining division has been awarded a multi-solution project at Toka Tindung gold mine in North Sulawesi, Indonesia. The phased deployment will see Hexagon systems for fleet management, operator alertness, blast monitoring and enterprise analytics implemented by the company’s Indonesian staff at the mine between now and October 2021.