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05.08.2021 (526 Clicks)

Hatch LTK welcomes Donna Bowers, former COO of Rock Region Metro

Hatch LTK announced that Donna Bowers, former Chief Operating Officer (COO) of the Rock Region Metropolitan Transit Authority (METRO), has joined its staff as a systems consultant.

05.08.2021 (579 Clicks)

Vale informs on Ratification of collective Bargaining Agreement in Sudbury in Canada

Vale informs that a new five-year collective bargaining agreement with United Steelworkers Local 6500 was ratified in voting Tuesday evening. This ends the labour disruption that began June 1, 2021.

05.08.2021 (528 Clicks)

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

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.

04.08.2021 (605 Clicks)

Normet Group Oy and Hindustan Zinc Limited signed a MoU to deploy battery-powered Service Equipment and Utility Vehicle in their Underground Mining

Zinc and, Normet Group Oy, represented by Mr. Subhasis Mohanty, Vice President, India Sales Area signed a Memorandum of Understanding (MoU) to introduce Normet SmartDrive® - a modular Battery Electric Vehicle (BEV) to Hindustan Zinc with an aim to not just bring electromobility in Hindustan Zinc operations but also lead the way for decarbonizing the future of Indian mining.

04.08.2021 (555 Clicks)

DMT CEO Maik Tiedemann appointed to the Hydrogen Advisory Board of the City of Essen

TÜV NORD GROUP and DMT are now supporting the successful market ramp-up of hydrogen technology in Essen and the Ruhr region through the appointment of Maik Tiedemann, member of the TÜV NORD GROUP Executive Board and CEO of DMT, to the Hydrogen Advisory Board of the City of Essen.

04.08.2021 (411 Clicks)

A World First: BAUER Maschinen GmbH presents innovative BAUER Cube System

As part of its “BAU ERLEBEN” days, BAUER Maschinen GmbH presented in early July a true global innovation that will open up entirely new opportunities for the future construction of diaphragm walls: the BAUER Cube System.

This innovative cutting system was developed in collaboration with a strategic partner, the Belgian tunnel construction expert Denys. “It is designed as an electrically powered cutting system which builds on a great deal of proven expertise from Bauer but features an entirely new construction,” explains Dr. Ruediger Kaub, Managing Director of BAUER Maschinen GmbH. What makes it unique: The entire system was developed precisely in container dimensions. This means it can be used without any problem in microtunnels with small diameters of just 3.8 m, for example.

03.08.2021 (446 Clicks)

K+S once again raises Earnings Outlook for 2021

Following the announcement of significantly higher preliminary operating earnings EBITDA of around €110 million for the second quarter of 2021 (Q2/2020: €53 million), K+S has now also updated its full-year forecast for 2021.

03.08.2021 (547 Clicks)

Sale of Red Hill Iron Ore Joint Venture Interest to Mineral Resources Limited Subsidiary

The Board of Red Hill Iron Limited (RHI) announced that it has entered into a binding agreement to sell it’s 40% interest in the Red Hill Iron Ore Joint Venture to a wholly owned subsidiary of Mineral Resources Limited.

The Transaction is subject to the approval of RHI shareholders.

Summary of Transaction terms

The material terms of the Transaction are as follows:

• The cash purchase price is $400,000,000 to be paid in two instalments:
• (i) $200,000,000 on completion of the sale of the RHIOJV interest; and
• (ii) $200,000,000 when the first commercial shipment of iron ore extracted from the RHIOJV tenements departs port.
• In addition, MinRes will pay RHI a royalty of 0.75% of FOB revenue on all iron ore that is extracted and sold from the RHIOJV tenements and, if developed in association with the development of one or more of the RHIOJV tenements, over the Bungaroo South tenement owned by MinRes.
• The key terms and conditions of the Binding Agreement are set out in the Notice of Meeting, lodged with the ASX today.

The sale does not include the Other Mineral Rights over the RHIOJV tenements which are retained by RHI. The RHIOJV tenements contain a Mineral Resources of 820Mt grading 56.44% iron ore.
A Shareholders Meeting will be held on 2nd September 2021 to enable shareholders to vote on this Transaction.

Source: Red Hill Iron

                     

03.08.2021 (371 Clicks)

Fosterville South Announces ongoing Drilling at Reedy Creek Goldfield within the Providence Project

Fosterville South Exploration Ltd. report on ongoing drilling activities at the high-grade Reedy Creek goldfield within the Providence Project in Victoria, Australia.

The Reedy Creek goldfield occurs in the Melbourne Zone and has a history of gold production from epizonal quartz veins, despite no drilling within the central goldfield apart from two vertical drill holes completed in the mid 1890s.

03.08.2021 (453 Clicks)

Robbins Crossover TBM breaks World Records twice over

History has been made twice over at Turkey’s Eşme-Salihli Railway Tunnel where a 13.77 m (45.18 ft) diameter Robbins Crossover XRE TBM has set new world records for best day, week, and month in the 13 to 14 m (42.6 to 46 ft) diameter range.