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05.08.2021 (606 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 (698 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 (612 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 (627 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 (578 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 (436 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 (469 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.

This results in a renewed increase in the expected EBITDA to €700 million to €800 million (previous forecast: €500 million to €600 million, in each case including the forecast one-off gain associated with the REKS transaction of about €200 million). In the previous year, EBITDA was €267 million.

'We expect a continued improvement in prices and demand for fertilizers, as well as a strong industrial business in the further course of the year. Our production is also running at full speed and we have reduced our costs. We are therefore in a position to once again increase our earnings forecast for 2021,' says Dr. Burkhard Lohr, Chairman of the Board of Executive Directors of K+S Aktiengesellschaft.

The completion of the antitrust review of the REKS joint venture is now expected in the fourth quarter of 2021 (previously: summer 2021).

K+S will publish its complete Half-Year Financial Report on August 12, 2021.

About K+S

K+S considers itself a customer-focused, independent supplier of mineral products for the Agriculture, Industry, Consumers, and Communities segments. We enable farmers securing the world's food supply, provide solutions that keep industries running, enrich consumers' daily lives, and ensure safety in winter. From production sites in Europe, North America, as well as through a global distribution network, we serve the ever-increasing demand for mineral products. We strive for sustainability because we are deeply committed to our responsibilities towards people, the environment, communities, and the economy in the regions in which we operate.

Source: K+S

                     

03.08.2021 (645 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.

03.08.2021 (398 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 (470 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.