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10.11.2019 (909 Clicks)

Fugro awarded large geotechnical Investigation to support Hong Kong International Airport Expansion

Airport Authority Hong Kong (AAHK) has awarded Fugro another significant land site investigation contract as part of the HKD 141.5 billion three-runway system (3RS) project for the expansion of Hong Kong International Airport.

08.11.2019 (920 Clicks)

IFC and Partners support major hydro-electric Plant in Nepal

IFC, a member of the World Bank Group, and a consortium of other lenders today finalized a $453 million debt financing package that will support the construction of a landmark hydroelectric plant in central Nepal. The plant will increase Nepal's electricity supply by one-third from today’s levels and provide clean, reliable power to up to 9 million people, part of a larger effort by IFC to create markets and fight poverty in the country.

07.11.2019 (988 Clicks)

Flatiron secures Contract for Critical Infrastructure Project in Washington

Construction on I-405, Renton to Bellevue Widening and Express Toll Lanes expected to begin in 2020

07.11.2019 (1074 Clicks)

Appointment of new CEO of Endomines AB

Endomines announces that it has appointed Greg Smith as Chief Executive Officer of the company. Greg has, on a consultancy basis, been leading Endomines’ operations in the US and Finland since June 5th 2019, when Endomines communicated that it was evaluating the appointment of Greg as CEO of Endomines. Greg Smith will assume the position of CEO as soon as he has been granted a Swedish work permit (Sw. ICT-tillstånd), which is expected to be granted in February 2020, by the latest.

07.11.2019 (935 Clicks)

Brenner Base Tunnel: Salini Impregilo completes 70% of Southern Lot Tunnelling

Salini Impregilo and partners Strabag, Consorzio Integra and Collini Lavori have done 70% of the excavation work on the southernmost lot of the Brenner Base Tunnel project.

05.11.2019 (802 Clicks)

Turquoise Hill announces Completion of Shaft 2 of Oyu Tolgoi Mine in Mongolia

Turquoise Hill Resources announces that Shaft 2 construction is complete and has entered into the final stages of commissioning.

04.11.2019 (1083 Clicks)

Ed Santamaria starts as President and CEO of Normet

Ed Santamaria, whose nomination as President & CEO of Normet was published on June 3rd, will start in his role today, November 4th. The interim CEO Aaro Cantell will return to his role as chairman of the board. Ed will be based in Normet’s Espoo office.

“I am excited to have Ed starting with us. I am sure with his experience he is up to speed quickly. His customer and industry knowledge combined with proven track record of operational experience are great assets to build the future of Normet”, says Aaro Cantell, Chairman of Normet Group.

Ed brings in wealth of experience from mining industry. He was previously President, Parts & Services Division at Sandvik Mining & Rock Technology. He has spent in total 13 years in different management roles within Sandvik. Prior to Sandvik he spent 20 years with SDS corporation, a designer and manufacturer of drilling equipment. He is an Australian citizen with an MBA degree. He is married and has two children.

“I am looking forward to the journey leading Normet – an entrepreneurial and agile company with a proud history and world leading products supported by a team of great people spread across the globe. Driving Normet towards future success and meeting company’s inspiring ambitions is my goal”, says Ed Santamaria

About Normet

Normet is an innovative, fast growing technology company. We are underground experts driven by continuous improvement and care for environment. We offer complete technical solutions increasing our customers’ profitability through improved safety, cost savings and shortened process cycle. Normet has a broad offering for underground mining and tunnelling: equipment, construction chemicals, rock reinforcement products and services. Normet currently employs over 1300 business professionals and the net sales in 2018 was over 300 million Euro. Normet is a Finnish company operating globally with over 50 locations in 30 countries.

Source: Normet

                     

01.11.2019 (947 Clicks)

Metals & Mining Industry M&A deals in September 2019 total $1.9bn globally

Total metals & mining industry M&A deals in September 2019 worth $1.9bn were announced globally, according to GlobalData’s deals database.

01.11.2019 (913 Clicks)

Steel Piles from SSAB help Port of Gdańsk to jump up on the Podium

A new combi wall at the Port of Gdańsk, Poland, begun in February 2019, will result in a new wharf by 2020 that will be 1,220 m (4,000 ft) long. The most important part of the wharf, the steel piles, came from SSAB.

01.11.2019 (819 Clicks)

Wealth Minerals negotiates Land Access to Valsequillo Silver Project, Mexico

Wealth Minerals Ltd. reports it has successfully negotiated surface access rights to the Valsequillo Silver project (“Valsequillo” or the “Property”) located in southern Chihuahua state, Mexico. The Company has the option to acquire a 100% interest in the Property covering 2,840 hectares. The Property is located approximately 40 km southeast of the city of Hidalgo Del Parral within the Altiplano Polymetallic Belt of north-central Mexico. The Company can acquire a 100% interest in the Property by making payments to the underlying arm’s length vendors of the Property in the aggregate amount of USD $6.0 million over a 90-month (7.5 years) period (see news release dated October 15, 2015).