06.05.2021 (398 Clicks)
QRC welcomes Federal Government's Plan for Growth in the North
The Queensland Resources Council (QRC) has welcomed the announcement from Federal Minister Keith Pitt of a new five-year, $190 million investment plan for Northern Australia.
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05.05.2021 (426 Clicks)
Railway Line moved to make Way for Metro
A major Sydney railway line has been picked up and moved in just 48 hours, to make way for the brand new Sydney Metro.
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05.05.2021 (381 Clicks)
Keliber receives additional Funding for Developing a Sustainable Battery Value Chain
Keliber has received a positive decision from Business Finland regarding the Autumn IPCEI funding, a grant approved by the European Commission. Keliber will receive EUR 550,000 for a project that promotes the sustainable development of the battery value chain, circular economy and responsible production.
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04.05.2021 (427 Clicks)
Vale started Vargem Grande Complex Filtration Plant Operation
Vale informs that it has gradually started the operation of the tailings filtration plant located at the Vargem Grande Complex, the first of four filtration plants to be operated in Vale's sites in Minas Gerais, totaling US$ 2.3 billion in investments between 2020 and 2024.
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04.05.2021 (673 Clicks)
K+S closes Sale of Americas Salt Business to Stone Canyon Industries Holdings, Mark Demetree and Partners
K+S Aktiengesellschaft completed the sale of its Americas salt business consolidated in the Operating Unit Americas to Stone Canyon Industries Holdings LLC ("SCIH"), Mark Demetree and partners.
The enterprise value amounts to USD 3.2 billion corresponding to 13.4 times the 2020 EBITDA of USD 239 million. Taking into account debt and cash, the purchase price is now approximately EUR 2.6 billion. This payment has been made today entirely in cash.
“With the completion of the sale of the Americas operating unit and the payment of the purchase price, we are taking a major step towards the reduction of our debt,” says Dr. Burkhard Lohr, Chairman of the Board of Executive Directors of K+S AG. “I sincerely would like to thank all employees of the Americas for their many years of successful cooperation. I wish the entire team as well as the new owner Stone Canyon all the best and great success for the future!”
Milestone for significant reduction in financial liabilities
With the sale of the Operating Unit Americas, K+S has implemented the most important component of the package of measures announced in December 2019. This is an important milestone in the planned reduction of debt. The net proceeds equivalent to around €2.6 billion will be entirely used to successively reduce debt. Accordingly, the level of debt (net financial debt/EBITDA) will improve significantly.
The Operating Unit Americas mainly comprises K+S Chile, acquired in 2006 and formerly known as SPL, and Morton Salt (USA), acquired in 2009, as well as Windsor Salt Ltd. (Canada).
Source: K+S
K+S, America, transaction, mining, salt, Stone Canyon, Mark Demetree, Burkhard Lohr, debt, milestone, Morton, Chile, SPL, Windsor Salt, Canada







04.05.2021 (572 Clicks)
Sydney Metro's Station at Waterloo – Building goes forward
Two tower cranes have been installed to help build the new metro station at Waterloo.
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03.05.2021 (567 Clicks)
Implenia to build one of the World’s deepest Metro Stations
Stockholm Region and Implenia have signed a contract for construction of the new “Sofia” metro station and associated tunnels in Stockholm | The order is worth SEK 1 billion (approximately CHF 110 million)
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01.05.2021 (693 Clicks)
Advance Record at the Brenner Base Tunnel
The miners in the Brenner Base Tunnel are pushing ahead rapidly with the major rail project. On Wednesday, March 31, 2021, they achieved a new record while excavating the main tubes in South Tyrol: 860 m of tunnel bored and lined in one month.
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30.04.2021 (472 Clicks)
PAUS North America Inc. established
PAUS GmbH, well-known manufacturer of specialized underground mining equipment has expanded its network: Effective April 1, PAUS North America Inc. was found in Walton Hills, OH.
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29.04.2021 (442 Clicks)
Cimic’s Leighton Asia and Broad Construction secure $100M in Project Wins
Cimic Group’s construction companies, Leighton Asia, and wholly owned subsidiary of CPB Contractors, Broad Construction (Broad), have further extended their presence in Singapore and Western Australia respectively with the award of contracts totalling approximately $100 million in revenue.
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23.12.2022
Corrosion Protection of Micropiles
Micropiles often provide a favourable solution for deep foundation problems especially when significant constraints such as confined construction sites or vibration limitations have been identified....
#FRIEDR. ISCHEBECK GMBH #Geotechnics #grouting #grouting works
23.12.2022
The Emscher Restoration Project: a real Success Story for Germany’s most populous State
For nearly a hundred years the Emscher served as an open wastewater channel that helped to kick-start the development of the Ruhr basin as a centre of industry in North Rhine-Westphalia. The river h...
#Tunnelling #Supply tunnels #special civil engineering #hydraulic engineering
20.10.2022
bauma 2022: five Key Themes for a better Future
This year’s bauma trade fair will see five key topics for a better future presented on five theme days – each seeking to address the urgent problems of our time and to help find the solutions that are needed....
#Geotechnics #Tunnelling #Mining #Machinery for Mining and Construction
06.02.2023 -
Indaba 2023
07.02.2023 - 09.02.2023
UCT 2023 - 28th Annual Underground Construction Technology
20.02.2023 - 23.02.2023
GEOAFRICA 2023
26.02.2023 - 01.03.2023
MINEXCHANGE 2023

World’s longest Railway Tunnel Project – supported by innovative Conveyor Digitalisation and reliable Engineering
17. October 2022 (597 Clicks)
The consortium BTC Brennero Tunnel Construction and the Hosch Group jointly delivered on a world-class tunnelling project by combining excellent engineering with the innovative remote monitoring system Hoschiris Discover.
#Brennero Tunnel Construction (BTC) #HOSCH-Foerdertechnik Recklinghausen GmbH #Tunnelling #Traffic tunnels #Conveyor technology #Digitalisation
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RAG-Technikchronik - Buch 6: Management- und Bildungssysteme für technische Prozesse
02. April 2019 (2673 Clicks)
Das Buch 6 der Reihe „Dokumentation der technischen Entwicklung bei der RAG“ stellt die Entwicklung der Management- und Bildungssysteme für technische Prozesse, also z.B. zur Effizienzsteigerung, zum Arbeits-, Gesundheits- und Umweltschutz sowie zur Ausbildung und beruflichen Fortbildung, bei der RAG dar.
#RAG Aktiengesellschaft #Mining #underground mining #abandoned mining
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12.01.2023 (295 Clicks)
Europe’s largest Deposit of Rare Earth Metals is located in the Kiruna Area
LKAB has identified significant deposits of rare earth elements in the Kiruna...
#LKAB #Mining #Energy #underground mining
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30.12.2022 (191 Clicks)
Webuild and CSC: "Lilia" TBM ready for mechanical excavation in the Brenner Base Tunnel
The TBM named "Lilia" is ready to start mechanically excavating one...
#Webuild S.p.A. #Implenia Construction GmbH #Galleria di Base del Brennero - Brenner Basistunnel BBT SE #Herrenknecht AG #Tunnelling #Traffic tunnels
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07.01.2023 (184 Clicks)
Masan High-Tech Materials integrates global R&D activities under leadership of H.C. Starck Tungsten Powders
H.C. Starck Tungsten Powders is bringing together the research and developmen...
#H.C. Starck Tungsten GmbH #Mining
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07.01.2023 (164 Clicks)
Implenia wins large and complex tunnelling project in Norway – E03 Boknafjord tunnel
- Joint Venture of Implenia and Stangeland Maskin selected to plan and ...
#Implenia Construction GmbH #Tunnelling #Traffic tunnels
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