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20.01.2020 (886 Clicks)

Recommended Cash Acquisition for Sirius Minerals plc by Anglo American Projects UK limited

The boards of Anglo American plc, Anglo American Projects UK Limited ('Bidco') and Sirius Minerals Plc are pleased to announce that they have reached agreement on the terms of a recommended cash acquisition pursuant to which Bidco shall acquire the entire issued and to be issued share capital of Sirius (the 'Acquisition'). The Acquisition is intended to be effected by means of a scheme of arrangement under Part 26 of the Companies Act.

17.01.2020 (1149 Clicks)

Finalists announced for the 2020 QRC/WIMARQ Resources Awards for Women

A scholarship for an MBA from the Australian Institute of Management (AIM) will go to the winner of the Exceptional Woman category, and all other categories will receive a $5,000 scholarship from AIM.

16.01.2020 (919 Clicks)

Epiroc to consolidate Dimension Stone Industry Equipment manufacturing to India

Epiroc AB, a productivity partner for the mining and infrastructure industries, will consolidate the manufacturing of dimension stone industry equipment to India to increase efficiency. As a result the manufacturing in Italy will be closed.

16.01.2020 (1162 Clicks)

Innovative Malaysia welcomes WTC 2020

World Tunnel Congress 2020 to be held from 15 to 21 May 2020 in Kuala Lumpur.

14.01.2020 (966 Clicks)

Hatch enters strategic Partnership with General Fusion

General Fusion announced that it has entered into an industrial partnership with Hatch Ltd. (Hatch) to bring power plant engineering and other expertise to its Fusion Demonstration Plant project. This partnership includes an investment by Hatch into the recently announced General Fusion USD $65 million Series E financing round.

14.01.2020 (823 Clicks)

New Genoa Bridge: fifth Deck Section installed, fourth on West Side

Schools, universities discover “urban bridge”

14.01.2020 (748 Clicks)

Natural Disaster Losses 2019 – Tropical Cyclones causing Billions in Losses dominate Nat Cat Picture of 2019

• Severe typhoons in Japan cause the year’s biggest losses
• Hurricane Dorian, the strongest hurricane of the year, devastates the Bahamas – US mainland largely spared
• Natural catastrophes cause overall losses of US$ 150bn, with insured losses of about US$ 52bn – In line with long-term average
• Humanitarian tragedy caused by cyclones in Mozambique – Over 1,000 deaths – Better protection is urgently needed

14.01.2020 (832 Clicks)

Milan M4 Metro Line in Italy: Trial Run along first Section between Linate and Forlanini FS

Trial runs have begun for trains between the Linate city airport and the Forlanini FS station that comprise the first section of the new M4 metro line being built in Milan.

The project, which will link the airport with the city centre in a mere 12 minutes, is one of the most important projects of sustainable mobility in Europe. It is being commissioned by the city and developed by M4 SpA, the concessionaire in which the city, Salini Impregilo and Astaldi are among its shareholders.

The trial runs between the airport and the station marks an important step for the testing of trains built by Hitachi Rail, the signaling and ventilation systems and fire safety before this first section comes into service in 2021. There are 56 work sites across the city for the M4 on which 1,500 people work, 500 of whom for Metro Blu, which comprises Salini Impregilo and Astaldi. A second section between Forlanini FS and Dateo station will open in mid-2022 before a third section reaches San Babila in the heart of the city by December of the same year.

The M4 will be 15 km long with 21 stations between the airport and San Cristoforo FS, with trains crossing the historic centre in 30 minutes. It will be connected to the existing network of rail and metro lines to make transport more sustainable across Milan. The line itself will help reduce traffic by 16 million vehicles a year and CO2 emissions by 54,000 tonnes a year.

The M4, which will serve 86 million passengers a year, will be a light automated rail line, a system with the characteristics of a regular metro but with more efficient and sustainable features. The driverless system will have technology to allow for the smart management of the frequency of trains serving the stations to guarantee passengers a higher standard of comfort and safety.

The M4, which will bring to 118 km the total length of the Milan metro system to make it sixth in Europe by extension, is an example of Salini Impregilo’s leadership in the sector. It is one of nine metro projects in which the Group is helping build across the globe to improve sustainable mobility for a combined total of 3.6 million people a day. Projects include the Red Line North Underground in Doha, one of the biggest in the Middle East; the Hurontario Light Rail Transit in Canada; and the Forrestfield-Airport Link in Perth, Australia.

Source: Salini Impregilo

                     

09.01.2020 (837 Clicks)

Recycling of critical Minerals is not the only Solution, says GlobalData

A recent report from the UK Office of Science and Technology states that while the UK is dependent on imported critical minerals for a number of sectors there is no specific strategy for their supply, a worrying thought considering the implications of recent trade wars.

09.01.2020 (1001 Clicks)

Safety Accessories for Heavy Machinery: Radio Remote Control from GHH

Safety first in mining and tunnelling: For this reason, the German machine manufacturer GHH is pushing the use of radio remote controls where ever it suits the application. Its T-RX100J model is particularly light, comparativly inexpensive and also works with other OEM equipment.