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09.01.2020 (858 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 (871 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 (849 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 (842 Clicks)

New General Manager for Boliden Rönnskär appointed

Linn Andersson appointed as General Manager for Boliden Rönnskär.

02.01.2020 (988 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.

Broadspectrum (formerly Transfield Services) was founded in Australia in 1956, while Ventia combines more than 30 years of industry knowledge and was created by the merger of Leighton Contractors Services, Thiess Services and Visionstream in 2015.

Ventia’s Executive Chairman Mr. David Moffatt said: “Ventia and Broadspectrum are complementary infrastructure services businesses offering a variety of operational and maintenance services, to a wide range of private sector and government clients and their customers.”

The combined group is expected to generate revenue in excess of A$5 billion. The acquisition is for an equity value of A$485 million.

Ventia has fully committed financing for the transaction through existing funding and acquisition debt finance.

The acquisition is expected to close in 2020.

Source: Hochtief AG

                     

02.01.2020 (1048 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 (976 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 (806 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 (815 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.

27.12.2019 (907 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.