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14.10.2019 (743 Clicks)

Queensland Resource Companies Investing in new Technologies to reduce Emissions

Queensland resources sector continues to invest in new technologies to reduce emissions across the sector and is calling for an agnostic approach to the energy mix.

11.10.2019 (806 Clicks)

Nordic Iron Ore publishes the Executive Summary of the Blötberget Feasibility Study

Nordic Iron Ore announces that the Executive Summary of the Blötberget Feasibility Study (undertaken by Golder Associates) has been published.

10.10.2019 (1073 Clicks)

Halbach & Braun takes over the mining products of Wollbrecht TIG mbH

The companies Halbach & Braun Maschinenfabrik GmbH & Co. (HB) and Wollbrecht Technische Innovationsgesellschaft mbH (TIG) have agreed on a takeover of TIG's mining products by HB.

10.10.2019 (1012 Clicks)

Festive Reopening for the Forggensee Reservoir Dam in Germany

Once again, traffic is driving along the dam crest, electricity generation is running full-steam ahead, and lake Forggensee is filled with water. After a total construction time of only 16 months, during which all participants worked at maximum capacity, remediation of the Forggensee reservoir dam in Rosshaupten was successfully completed in July 2019. After completion of the new street along the dam crest (including walking and biking paths) and other construction projects, the Rosshaupten reservoir dam was re-opened on September 12 during a festive ceremony.

09.10.2019 (817 Clicks)

Copenhagen's Cityringen: Inauguration of Metro Line built by Salini Impregilo

Salini Impregilo CEO: Copenhagen's Cityringen an iconic sustainable mobility project. Queen of Denmark inaugurates metro line built by Salini Impregilo.

09.10.2019 (829 Clicks)

Salini Impregilo Group wins Tunnelling Contract in Washington, U.S.A.

Lane (Salini Impregilo Group) has won a $255-million (€224.3 million) contract to build a water storage tunnel to help reduce polluted overflows into the Lake Washington Ship Canal in Washington, a first for Lane in the U.S. state in a sign of recognition of its leadership in the water sector.

09.10.2019 (820 Clicks)

Railway Tender Conference 2019 in Norway

Bane Nor invites suppliers to our Tender Conference where we will present upcoming plans in the field of railway systems. The conference is held on Wednesday, November 27th 2019 in Lillestrøm.

08.10.2019 (878 Clicks)

1000 Coal Jobs a Step closer with Environmental Authority for Olive Downs Mine

The Queensland Resources Council (QRC) has welcomed the ongoing progress on development of the Pembroke Resources Olive Downs coking coal mine, bringing up to 1000 jobs closer.

07.10.2019 (912 Clicks)

SMT Scharf AG adjusts its Forecast for 2019 and is Setting Course in its Sales Activities

• Outlook for 2019 updated in light of deteriorating market environment
• Global sales activities improve conditions for further growth
• Assessment of the acquisition of assets of the Mühlhäuser Group completed

SMT Scharf AG, one of the world's leading suppliers of customized transport solutions and logistics systems for underground mining, has adjusted its forecast for the 2019 fiscal year to reflect current market developments. In light of global uncertainties and the ongoing trade conflict between the USA and China, the market environment is becoming increasingly gloomy and is leading to a lower willingness to invest in mining equipment in SMT Scharf's important foreign markets. In addition, the new regulation for engines in China has resulted in delays in delivery, so that the dynamic revenue development in China recorded in the first half of the year is weakening.

Against this backdrop, SMT Scharf now expects consolidated revenue in a range between EUR 65 million and EUR 67 million for the 2019 fiscal year. Furthermore, the Management Board is now forecasting EBIT in a range between EUR 4.5 million and EUR 5.0 million for 2019. Initially, SMT Scharf had expected consolidated revenue in a range between EUR 72 million and EUR 75 million for the 2019 fiscal year and an EBIT in a range between EUR 5.5 million and EUR 6.0 million.

SMT Scharf's CEO, Hans Joachim Theiss, comments: “Global trade conflicts show an effect. In important foreign markets such as China and Russia, we recognize that mining companies are reluctant to invest in modern infrastructure. Nevertheless, I still see SMT Scharf well positioned to continue its growth course there in the long term thanks to the sales-oriented joint ventures in China'.

In China, SMT Scharf relies on close cooperation with local partners and its own subsidiaries. This ensures that the approval requirements of the target markets and customer proximity in sales and service are met. In Africa, SMT Scharf is continuously working to expand its business in the hard rock market. A cooperation agreement with a distributor in Zambia was successfully concluded in 2018. From 2020 onwards, a distributor in Ghana will also provide local sales support. SMT Scharf is thus successively expanding access to the African market for its product range which was extended by rubber-tyred vehicles. In Germany, however, SMT Scharf completed its assessment of a further acquisition and will no longer pursue the acquisition of significant assets of the Mühlhäuser Group.

Source: SMT Scharf AG

                     

04.10.2019 (983 Clicks)

Swedish Steel Prize 2019 Finalists symbolize 20 Years of innovative Engineering

The finalists for the Swedish Steel Prize 2019 have now been named and include four revolutionary design concepts that fully utilize the characteristics of premium steel within SSAB’s product range. The winner will be announced at a ceremony in Stockholm on November 14 that celebrates the 20th anniversary of the Swedish Steel Prize.