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10.11.2019 (866 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 (880 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 (951 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 (1015 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 (879 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.

They are keeping up the pace of the drilling to complete the lot near the Italian town of Fortezza, where an important milestone was reached in December 2018 with the final breakthrough at the southern portal of the future tunnel.

Having completed more than half of the work on the lot, known as the Isarco River Underpass, Salini Impregilo and its partners have excavated nearly 3,800 m out of a planned total of 5,400. The work consists of four tunnels under the river and then two tunnels further north. It is a complex project because it involves excavating under a river, a state road, a highway and a railway, including the one between Munich and Verona.

Once the entire project is completed, the Brenner Base Tunnel will be the longest railway tunnel in the world at 64 km, part of a corridor of the Trans-European Transport Network (TEN-T) of railways connecting Scandinavia with the Mediterranean to improve transport across the continent. In addition to the southernmost lot, Salini Impregilo is also working on the Tulfes-Pfons lot on the Austrian side. Other companies involved in the Brenner Base Tunnel include Astaldi on the Mules 2-3 lot. Astaldi is part of Progetto Italia, a plan being pursued by Salini Impregilo to consolidate the fragmented construction industry in Italy.

Salini Impregilo is working on a number of projects that will become part of the Scandinavia-Mediterranean corridor. It is involved in the high-speed railway line between Naples and Bari, focusing on sections Napoli-Cancello and Apice-Hirpinia. It is also working on part of a railway between Palermo and Catania in Sicilia, a section called Bicocca-Catenanuova.

Along the Rhine-Alpine corridor that will connect Genoa with Rotterdam, Salini Impregilo is leading work on the Terzo Valico dei Giovi, a high-speed/high-capacity railway of 53 km along the Genoa-Turin-Milan axis. Outside Italy, it recently won a contract to work on a section of a high-speed railway planned between Istanbul and the border with Bulgaria. In the United States, it is doing the early works on what will become the first high-speed railway in the country between Dallas and Houston.

Source: Salini Impregilo

                     

05.11.2019 (771 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 (1032 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.

01.11.2019 (919 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 (875 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 (782 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).