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16.04.2020 (1066 Clicks)

Changes in the Board of Directors of Komatsu Europe International NV and the Management of Komatsu Germany GmbH

Mr. Göksel Güner, Managing Director of Komatsu Germany GmbH [KG] in Hanover, was appointed to the Board of Directors of Komatsu Europe International N.V. Effective April 1, 2020, he will assume the role of Chief Operating Officer (COO). Mr. Güner will also become a member of the Supervisory Board of Komatsu Germany GmbH. Mr. Güner was Managing Director of Komatsu Germany – Construction (Hanover), the former Komatsu Hanomag GmbH, for a total of 16 years.

16.04.2020 (767 Clicks)

Sweco Part of Designing a new Tramline in Helsinki

As part of investment in a growing tramline network in Helsinki, Finland, Sweco in alliance with Destia and WSP will provide services to Helsinki City Transport, HKL, for construction of the new Kalasatama tramline.

15.04.2020 (699 Clicks)

Update on Contracts – High Speed 2 and Highways England

Costain confirms that its joint venture company, Skanska Costain Strabag, (“SCSJV”) has been granted notice to proceed by High Speed Two (HS2) Limited to commence full detailed design and construction of Phase 1 of the HS2 railway in area south as part of the Main Works Civils Contract.

The contract, worth £3.298 billion to the joint venture as a whole, will involve the design and construction of major tunnels in the approach to the London terminus at Euston station. It is estimated that Phase 1 of the works will create 6,000 jobs.

To date, the joint venture’s contract with HS2 has been to undertake scheme design and site preparation for the civil engineering work. The new contract marks the point where the work transitions from scheme design and preparatory work to full detailed design and construction.

Currently, in response to the Covid-19 situation, construction on site is paused for all but safety-critical works for the health and safety of employees and the communities in which they work. Given the delayed start, the contract is not expected to make a significant contribution to the Group’s profitability until FY21 onwards.

Separately, Costain has been awarded a £210 million design and build contract by Highways England to upgrade an existing section of the A30 north of Truro, Cornwall. The scope of work includes the upgrading of an 8.7-mile section between Chiverton Cross and Carland Cross from a single carriageway to a dual carriageway, together with the construction of new grade-separated junctions, slip roads and bridges. Detailed design will commence in April 2020 with works commencing in the coming months. The new upgrade is expected to be open for traffic by the end of 2023.

Source: Costain

                     

15.04.2020 (743 Clicks)

QRC welcomes Glencore’s Graduate Program Extension

With the ongoing uncertainty in Australia’s job market Glencore has taken decisive action by extending its 2021 Graduate Development Program said the Queensland Resources Council.

15.04.2020 (711 Clicks)

Fugro awarded Cairo Monorail Megaproject Site Characterisation Contract

The National Authority for Tunnels represented via the Arab Contractors has awarded Fugro a geophysical and geotechnical investigation contract for the second phase of the Cairo Monorail megaproject. The megaproject involves the construction of two monorail lines that will create the first public transport links from both Egypt’s as-yet unnamed new administrative capital (NAC) and 6th of October City to the Greater Cairo area.

15.04.2020 (796 Clicks)

Outokumpu appoints President and CEO

Outokumpu appoints Heikki Malinen as President and CEO

14.04.2020 (1182 Clicks)

New Major App provides Expert Tools and Information for Screen Media

Major, a leading global manufacturer of high-performance wire screening media, launches a new smartphone app to give customers up-to-date information and access to advanced digital tools. Called The Major App, the tool is available for mining and aggregates producers and Major dealers, with customizations for each.

14.04.2020 (822 Clicks)

Iron ore Exports from India to decline by 25% in 2020 amid Covid-19 Lockdown according to GlobalData

Iron ore exports from India are expected to decline by around 25% to 23.3 Mt in 2020 due to the coronavirus (Covid-19) outbreak and the subsequent closure of ports, shortage of workers and transport restrictions, which are severely disrupting the exports as well as the domestic supply, says GlobalData, a leading data and analytics company.

14.04.2020 (823 Clicks)

Most Queensland Resource, Energy Job Vacancies advertised in April

Amid tighter restrictions with the Covid-19 response, half of the 800 job vacancies in Queensland’s resources and energy sector were listed in the last fortnight on employment website SEEK.

11.04.2020 (870 Clicks)

Cimic 2020 AGM: 2019 statutory Loss due to one off Impact of BICC, sound Operating Performance

Strong liquidity & order book