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09.01.2020 (835 Clicks)

Hexagon acquires Blast Movement Technology

Acquisition of Blast Movement Technology (BMT) will enable Hexagon's mining customers to better tackle ore loss and dilution

07.01.2020 (858 Clicks)

Siemens utilises Fugro’s UXO Screening Technology in Herne, Germany

Fugro has completed an unexploded ordnance (UXO) screening project for Siemens AG at the site of a new gas-fired power station in Herne, Germany.

07.01.2020 (832 Clicks)

UK-based small Mining Project is 'Brexit-proof'

By developing technology innovation and rethinking business models, a new EU-funded project hopes to improve the commercial viability of mining modest but high-grade critical raw mineral deposits across Europe.
GlobalData's mining technology writer Heidi Vella looks at the project.

07.01.2020 (821 Clicks)

New General Manager for Boliden Rönnskär appointed

Linn Andersson appointed as General Manager for Boliden Rönnskär.

02.01.2020 (958 Clicks)

Ventia signs Agreement to purchase Broadspectrum

Infrastructure services company, Ventia, announced it has signed an agreement with Ferrovial S.A. to purchase Broadspectrum, subject to standard conditions and regulatory approvals.

02.01.2020 (1026 Clicks)

Bechtel opened Office in Al-Khobar, Saudi Arabia

The new office in Al-Khobar leverages Bechtel’s global expertise for Saudi Oil, Gas & Chemical projects

02.01.2020 (955 Clicks)

Appointments in Metso’s Executive Team

Giuseppe Campanelli has been appointed President, Minerals Services business area and a member of Metso’s Executive Team from January 2, 2020 onwards. Previously he has been a member of the Minerals Services business area management team heading Professional Services.

02.01.2020 (782 Clicks)

Anglo American receives Operating Licence for Minas-Rio Tailings Facility in Brazil

Anglo American announced that it has received the next phase of its operating licence for its Minas-Rio tailings facility in Brazil, following the work to raise the dam as part of the Step 3 licence area of the mine. The regulatory authorities in Brazil granted the installation licence for this work in January 2018 and the construction work was completed in accordance with that licence in August 2019.

30.12.2019 (799 Clicks)

Fugro becomes sole Shareholder of Seabed Geosolutions

Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions and to terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of USD 35 million, paid by CGG before year-end 2019. The proceeds will be used to lower Fugro’s outstanding debt position and strengthen Seabed Geosolutions’ balance sheet.

Fugro remains fully committed to divest the Seabed Geosolutions business which is a non-core asset held for sale. It is expected that this transaction, which will result in Fugro becoming the sole owner of Seabed Geosolutions, will facilitate the divestment process.

In line with CGGs strategy to exit the data acquisition business, CGG has agreed to transfer its 40% shareholding in Seabed Geosolutions to Fugro before the end of the first quarter of 2020 and to conclude before year-end 2019 remaining matters regarding Seabed Geosolutions by paying USD 35 million to Fugro.

Seabed Geosolutions collects geophysical data on the seabed through an array of ocean bottom nodes technologies for oil and gas companies, focused on the development and production phases of their fields.

Source: Fugro

                     

27.12.2019 (883 Clicks)

Datwyler to focus on fast-growing, high-margin Sealing Business

• Focus on the fast-growing, high-margin Sealing business.
• Divesting Distrelec and Nedis at a loss of some CHF 670 million with no impact on liquidity.
• Datwyler is evaluating value-optimising options for the sale of Reichelt.