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20.01.2020 (871 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 (1130 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 (906 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.

Epiroc will consolidate the dimension stone industry manufacturing to its existing production facility in Nashik, India. The relocation will place the development and manufacturing in the center of the strong and growing dimension stone industry market in India. This will facilitate a solid and efficient development of the product offering and shorten time to market. The operation at Epiroc Stonetec in Bagnolo, Italy, with about 40 employees, will be closed by mid-2020.

“We regret that this move will affect some of our colleagues in Italy, but this action is necessary to keep Epiroc strong and agile for the future,” says Helena Hedblom, Senior Executive Vice President Mining and Infrastructure. “India is a large and growing dimension stone industry market and there we can benefit from an already full infrastructure for production, sourcing and logistics.”

Dimension stones are natural stones or rocks that are typically extracted from quarries, trimmed to specific sizes or shapes and used for example as countertops, tiles or gravestones. Epiroc’s product offering includes hydraulic drill rigs such as the SpeedROC.

The business belongs to Epiroc’s Surface and Exploration Drilling and Mining and Excavation Rock Service divisions.


Epiroc is a global productivity partner for the mining and infrastructure industries. With cutting-edge technology, Epiroc develops and produces innovative, safe and sustainable drill rigs, rock excavation and construction equipment and tools. The company also provides world-class service and solutions for automation and interoperability. Epiroc is based in Stockholm, Sweden, had revenues of SEK 38 billion in 2018, and has more than 14,000 passionate employees supporting and collaborating with customers in more than 150 countries.

                     

16.01.2020 (1149 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 (952 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 (805 Clicks)

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

Schools, universities discover “urban bridge”

14.01.2020 (734 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 (813 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.

09.01.2020 (818 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 (986 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.