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17.03.2020 (626 Clicks)

Mining Industry remains hopeful post Brexit, says GlobalData

After the UK left the European Union on 31 January, GlobalData asked the readers of Mining Technology to vote on what they expected Brexit’s effect on the UK mining industry to be. According to the 2,094 respondents, 29% saw the move as strongly positive, 28% strongly negative, 16% slightly negative, 10% slightly positive and 17% neutral.
GlobalData’s Mining Technology writer Yoana Cholteeva comments: “Brexit has already had a significant effect on the UK mineral industry. Market conditions and the ongoing uncertainty surrounding Brexit saw UK-based operator Sirius Minerals cancel a US$500m bond sale to finance its polyhalite Woodsmith project in North Yorkshire in September 2019, a mining project which would have become the biggest in the UK.

“While the mining industry is a global industry and somewhat protected, any lingering uncertainty until new trade deals are arranged will be seen as negative.
“Another field that might suffer as a result of Brexit is research and development (R&D) in the industry. In addition, there is a good chance that less funds will be available for the establishment of such projects and it might become more difficult for the UK to keep pace with international technological developments in the industry.

“On the other hand, a combined 39% of the readers who voted in our poll believe that Brexit will positively or slightly positively impact the UK mining industry.

“A mixture of investors rushing to commodities as a safe haven investment and a low pound value making assets appeal to foreign investors are among the reasons there could be elevated interest in the UK mining industry.

“The industry remains hopeful that this will open new doors to future investments and partnerships with non-European major mineral traders such as China, US, and Australia. In addition, UK mining could benefit from UK-established mining laws and regulations which in the future can be specifically designed to benefit UK operators.”

Source: GlobalData

                     

17.03.2020 (623 Clicks)

Fugro Winner in Carbon Trust’s Floating Wind Technology Acceleration Competition

Fugro, in a consortium with AS Mosley and the PeriDynamics Research Centre at University of Strathclyde, has been announced as one of eight winners of the Carbon Trust’s Floating Wind Technology Acceleration Competition.

16.03.2020 (691 Clicks)

Skanska AB: Anders Candell new Senior Vice President IT

Anders Candell is appointed new Senior Vice President IT at Skanska AB as of August 17, 2020.

16.03.2020 (638 Clicks)

Daldrup & Söhne AG: Order from the Netherlands for 20M Euro for geothermal Heating Plant Project

The drilling technology and geothermal energy group Daldrup & Söhne has received an order from Aardwarmte Combinatie Luttelgeest B.V., Luttelgeest (ACL) for three geothermal boreholes with drilling lengths of up to 2,440 meters, as well as the construction of a heating plant and a heat network. The current order backlog of the Daldrup Group thus amounts to approx. 51 million Euros.

13.03.2020 (583 Clicks)

Science Collaboration to support regional Australia and the Mining Industry

The federal government’s announcement of a new Co-operative Research Centre (CRC) provides a unique collaborative research opportunity to support regional communities facing mine closures, said CSIRO, Australia's national science agency.

13.03.2020 (612 Clicks)

Implenia wins major Order in Bavaria – Contract worth around EUR 52M

Implenia leads joint venture I Total contract worth around EUR 63 million

On behalf of the Federal Republic of Germany, the Federal State of Bavaria (Autobahndirektion Südbayern) has commissioned the Implenia - Fahrner Bauunternehmung GmbH bidding consortium to build the junction connecting the “B15 neu” federal highway and the A92 motorway near Landshut.

12.03.2020 (612 Clicks)

Online Training Module for Vibrating Screens now available at NSK Academy

A new online training module has been introduced to the increasingly popular NSK academy online platform. The latest module, which focusses on vibrating screens, will appeal to all involved in specifying bearings to withstand the harsh working environments found in mining, quarrying and construction applications. As with all training modules available at NSK academy, registered users completing the course will require an 80% pass mark to receive a certificate.

12.03.2020 (789 Clicks)

Nordic Mining: Keliber has been granted up to EUR 2.6M for the Development of the Lithium Project

Business Finland has granted maximum of € 2.6 million for the development of the Keliber (“company”) lithium project. Full redemption of the grant requires the company to implement a comprehensive development plan and to meet the financial conditions.The development and innovation work focus on to contribute that the company's process is sustainable and the end product reaches the quality standards set by the customers. The project covers the period 3 June, 2019 – 31 August, 2022.

11.03.2020 (704 Clicks)

Geothermal seismic Exploration Campaign for Stadtwerke München completed ahead of Schedule

A DMT crew and 9 vibro vehicles have successfully surveyed an area southeast of Munich for Stadtwerke München GmbH (SWM) using the proven slip sweep method, which delivers excellent data quality for high-resolution imaging with minimum acquisition footprint.

11.03.2020 (783 Clicks)

QRC welcomes new Gas Project but warns Planning is needed to keep the Maroon Advantage

The Queensland Resources Council (QRC) has welcomed the collaborative approach to the supply of domestic gas with the granting of a petroleum lease to joint venture partners Australian Pacific LNG and Armour Energy near Chinchilla. The project is an Australian-first whereby gas will be directed towards Australian manufacturers to support local industries.