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03.08.2021 (810 Clicks)

Fugro wins multi-year Contract to build new Pavement Management System for Manitoba

The Province of Manitoba in Canada has awarded Fugro a 4-year contract to develop a new pavement management system that will guide strategic selection of road maintenance projects for optimised use of transportation budgets.

03.08.2021 (455 Clicks)

QRC: Resources Sector backs strict Covid-19 Protocols to fight new Outbreak

The resources sector will continue to follow strict Covid-19 protocols in the wake of the lockdown of 11 LGA’s in Queensland to protect employees and regional communities from the virus.

29.07.2021 (360 Clicks)

FLSmidth to acquire Thyssenkrupp’s Mining Business – creating a global Industry Leader in Mining Technology

FLSmidth and Thyssenkrupp Industrial Solutions AG (a fully owned subsidiary of Thyssenkrupp AG) have reached an agreement that FLSmidth will acquire Thyssenkrupp’s Mining business1 (TK Mining) for a total consideration (enterprise value) of EUR 325 million, corresponding to approximately DKK 2.4 billion. Closing of the transaction is expected in H2 2022 and is subject to customary approvals from relevant authorities.

29.07.2021 (508 Clicks)

Strabag acquires Metro Projects in Prague

• Modernisation of Prague metro station Jiřího z Poděbrad for € 50 million
• First section of new Line D as part of international consortium

28.07.2021 (451 Clicks)

Nornickel restocks Yenisei River with 200,000 Sturgeon as Part of Biodiversity Initiatives

Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, headed by Vladimir Potanin, has released 200,000 Siberian sturgeon fry into the Yenisei river at Prutovsky shallows near the town of Yeniseisk.

28.07.2021 (403 Clicks)

Lundin Mining Announces Agreement to sell remaining Specialty Cobalt Business

Lundin Mining Corporation announced that its 24% owned subsidiary, Koboltti Chemicals Holding Limited, has entered into an agreement to sell its specialty cobalt business based in Kokkola, Finland to Jervois Mining Limited. This business was no longer strategic to Lundin Mining following the sale of its interests in Tenke Fungurume in 2016 and the cobalt refinery in Kokkola in 2019.

28.07.2021 (417 Clicks)

SMT Scharf AG reports significant H1/2021 Earnings Growth; Increase of FY 2021 Revenue and Earnings Forecasts

SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986) generated significant revenue and earnings growth based on preliminary results for the first half of the year, and is adjusting its previous forecast for the 2021 fiscal year accordingly.

28.07.2021 (414 Clicks)

QRC welcomes State Govt Approval of Metallurgical Coal Mine Extension in Central Qld

The Queensland Resources Council (QRC) today welcomed the State Government’s decision to approve an $82 million extension to the Isaac Plains metallurgical coal mine near Moranbah, calling it a huge vote of confidence in Queensland’s high quality coking coal industry.

QRC Chief Executive Ian Macfarlane said metallurgical coal prices were currently at record highs due to a surge in world steel production.

According to the latest Resources and Energy Quarterly report, the value of Australian metallurgical coal exports is forecast to reach almost $32 billion by 2022-23.

Volume-wise, exports of metallurgical coal are expected to increase from 171 million tonnes to 186 million tonnes by 2022-23 due to increased demand from rapidly modernising South-East Asian economies.

Mr Macfarlane said mine owner Stanmore Resources’ plans to expand output from its Isaac Plains complex was great news for every Queenslander, with its new open cut mine project expected to contribute $200 million in royalties to the state budget over its 10-year life span.

“Mining royalties help pay for the essential government services that every Queenslander needs and benefits from,” he said.

“That’s why it’s been so essential for the resources sector to keep working, earning and employing its way through the Covid-19 pandemic, because so many jobs and businesses rely on resources companies for their income.

“We take this responsibility very seriously, which is why our companies have gone above and beyond to follow Queensland Health protocols so we can continue to keep our workforce and the communities in which they live and work safe.”

Mr Macfarlane said the injection of 250 new construction jobs at Isaac Plains, plus ongoing work for 300 workers currently employed at the site and new supply chain opportunities, will stimulate growth in Central Queensland, which will flow through to the state economy.

About QRC

The QRC is Queensland’s peak body for coal, metal and gas explorers, producers and suppliers across the resources sector. It contributes one in every five dollars to the state economy, supports one in six Queensland jobs, supports more than 15,000 businesses and contributes to more than 1,200 community organisations – all from 0.1 percent of Queensland’s land mass.

Source: QRC

                     

28.07.2021 (424 Clicks)

ACCIONA is awarded Sydney Metro West for €1.24 billion

ACCIONA, in consortium with Ferrovial, has been awarded the contract to build the central section of Sydney Metro West, the new underground rail line that runs through a large part of Australia's largest city.

28.07.2021 (474 Clicks)

New Product Manager further increases Wet Processing Resources at Superior

Superior Industries, Inc., a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, announce the appointment of Brett Casanova as its product manager for wet processing. He joins an extensive and diverse group of professionals at Superior who specialize in washing, classifying and dewatering technologies.