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21.12.2021 (325 Clicks)

Fugro opens Onsite Testing Laboratory for Hong Kong 3RS Megaproject

Fugro has opened a state-of-the-art testing laboratory on the construction site of Hong Kong International Airport’s Three-Runway System (3RS).

20.12.2021 (320 Clicks)

Implenia to build District Heating Tunnel under the Elbe River

New tunnel will connect north Hamburg to a new heating network | Contract worth approximately CHF 75 million (EUR 72 million).

20.12.2021 (305 Clicks)

Lundin Mining to acquire Josemaria Resources, meaningfully increasing Copper and Gold Growth Profile

Lundin Mining Corporation announce it has entered into a definitive agreement with Josemaria Resources Inc. to acquire all of the issued and outstanding shares of Josemaria Resources through a plan of arrangement for an implied equity value of approximately C$625 million (US$485 million).

Lundin Mining will acquire 100% of the Josemaria copper-gold project located in the San Juan Province of Argentina. The world-class Josemaria project is a unique opportunity at an advanced stage with a clear path to production. With Josemaria, Lundin Mining positions itself as a major copper producer with a diversified portfolio of high-quality, long-life base metal assets.

Under the terms of the Transaction, Josemaria Resources shareholders may elect to receive in exchange for each Josemaria Resources common share (a “Josemaria Resources Share”), 0.1487 of a common share of Lundin Mining (each whole share, a “Lundin Mining Share”) or C$1.60 cash or any combination thereof issuable to all Josemaria Resources shareholders (collectively, the “Consideration”). The Consideration will be subject to a total maximum cash consideration of approximately C$183 million and a total maximum share consideration of approximately 39.7 million Lundin Mining Shares, equating to 30% of the Transaction Consideration payable in cash and 70% of the Transaction Consideration payable in Lundin Mining Shares, respectively. The Consideration implies a purchase price of C$1.60 per Josemaria Resources Share, representing a 29% premium to Josemaria Resources’ 10-day volume weighted average price on the Toronto Stock Exchange (“TSX”) for the period ended December 17, 2021. Any cash payments on Josemaria Resources Shares traded on Nasdaq Stockholm will be paid in Swedish kronor in accordance with Euroclear Sweden principles.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, zinc, gold and nickel.

Source: Lundin

                     

20.12.2021 (300 Clicks)

BASF increases Prices up to 35% for its Mining Chemicals globally

Effective today, or as existing contracts allow, BASF is increasing prices for its mining chemicals globally, such as Alclar®, Magnafloc®, Rheomax®, LIX®, Lupromin®, Alamine® and Aliquat® grades.

16.12.2021 (430 Clicks)

Robbins Crossover TBM Breakthrough: Los Condores II in Chile

A Robbins Crossover TBM holed through on November 23rd, 2021, in the Andes Mountains of Chile. The 4.6 m XRE TBM bored more than 3 km in mixed ground conditions for a hydroelectric tunnel featuring a heavy duty, centrally mounted screw conveyor for the duration of the drive.

16.12.2021 (439 Clicks)

Despite Corona: STUVA Conference 2021 a complete Success with 2G plus

With well over 1,000 registered participants, numerous exhibitors and hundreds of trade visitors, the STUVA Conference 2021 at Messe Karlsruhe did not set a new attendance record, but in view of the pandemic situation the number of participants was simply overwhelming. Thanks to the precautionary measures laid down by STUVA, which went far beyond state regulations, an exceptional conference in all aspects was successfully held from 24 to 26 November 2021.

16.12.2021 (302 Clicks)

Fugro's Remote Space Operations Complex to be located in Perth, Australia

Fugro confirms the Australian Space Automation, Artificial Intelligence and Robotics Control Complex (SpAARC) will be located in the heart of downtown Perth’s central business district (CBD). Housed in Western Australia’s (WA’s) largest telecommunications exchange, and thanks to an ongoing partnership with Telstra, Fugro’s world-class facility will manage robotics and remote operations in Australia, around the world and in space. SpAARC will support the translation of terrestrial capabilities into space, while also providing innovative remote solutions here on earth.

15.12.2021 (297 Clicks)

Orica announces Sale of Minova to Aurelius Group

Orica announced that it has entered into an agreement to sell its Minova business to Aurelius Group, a European based investment first, for A$180 million, subject to transaction costs and customary completion adjustments.

15.12.2021 (368 Clicks)

Sibanye-Stillwater receives top tier Rating from CDP on its first Water Submission and another high Rating for its Carbon Disclosure

Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) announced that it received an average ‘A-’ rating for its ‘Water Security’ by CDP, a non-profit global environmental disclosure platform. It was the first time that the Group participated in the Water Security category and benchmarks higher than the Global and Africa regional average of ‘B’, and the metallic mineral mining sector average of ‘B-‘.

14.12.2021 (349 Clicks)

Webuild opens Trades School to create Jobs in Infrastructure Sector

Technical skills for youths seeking employment and re-skilling unemployed to support Pnrr’s strategic initiatives