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27.08.2020 (581 Clicks)

Grundfos: Satisfactory financial Performance despite the COVID-19 Pandemic

The pandemic has had a significant impact on markets globally in the first half of 2020. Grundfos has seen lower activity in all markets globally. However, there are positive trends emerging in important market areas such as China, the US and a number of countries in Western Europe.

25.08.2020 (639 Clicks)

Fugro supports TxDOT on major Dallas Highway Improvement Project

The Texas Department of Transportation (TxDOT) has selected Fugro to provide site characterisation services in support of a USD 250 million highway improvement project near Dallas.

25.08.2020 (649 Clicks)

Fugro’s new 5-year geotechnical Engineering services Contract for Louisiana DOTD supports roadway and Bridge Design

Fugro has been awarded a 5-year indefinite delivery indefinite quantity (IDIQ) contract by the Louisiana Department of Transportation and Development (DOTD) to provide statewide geotechnical engineering services.

25.08.2020 (692 Clicks)

Underground Fatality

Medusa Mining Limited, through its Philippines operating company Philsaga Mining Corporation, regretfully reports a fatal accident has occured at its Co-O mine.

25.08.2020 (703 Clicks)

Strabag Rail upgrading Rail Network in eastern Germany for Deutsche Bahn

• Two large DB Netz AG orders on the railway lines south of Berlin and between Leipzig and Dresden
• Project Südkreuz (a)–Blankenfelde (Berlin–Dresden Railway / VP 5) in consortium with Strabag AG also includes the connection to the new BER airport
• Project Zeithain (VDE 9) comprises the fundamental renewal of the Bogendreieck–Leckwitz rail section in a consortium with Hentschke Bau GmbH

25.08.2020 (762 Clicks)

Premier answers QRC Call for greater Resource Role in Covid-19 Recovery

The Queensland Resources Council has welcomed Premier Annastacia Palaszczuk’s commitment to strengthen the resources sector’s role in Queensland’s Covid-19 response and recovery.

QRC Chief Executive Ian Macfarlane said the Premier’s announcement of $5 million for a feasibility study into a gas pipeline from the Bowen Basin was a request in the QRC and AMEC’s Resource Industry Recovery Agenda.

“QRC believes the new gas pipeline can aggregate gas collection to increase the supply of gas across the region and lower the cost of delivering it to customers. It will also maintain downward pressure on the delivered price of domestic gas. There is also a role for the Australian Government’s Northern Australian Investment Facility to consider how it can support pipeline proposals,” Mr Macfarlane said.

Mr Macfarlane said more broadly, the Premier has identified the resources sector as “one of Queensland’s great strengths” and she has also recognised the work of the coal, metals and gas industries to protect workers and keep critical supply chains open.

“For the 372,000 Queensland men and women who rely on the resources sector for their employment, QRC thanks the Premier for her recognition of the sector’s role in the Covid-19 recovery and response,” Mr Macfarlane said.

“As an industry, we have worked extremely hard to protect our workers, their families, the communities we work in and the businesses we support. We have done this and maintained as much of the $74 billion economic contribution to the Queensland economy as possible despite upheaval in global markets and movement restrictions. What does that mean for every Queenslander? Just over $40 every day for every Queensland man, woman and child. Right now, Queenslanders need that economic contribution more than ever. I had the opportunity to meet the Premier last week, and her comments today reinforce her support for the sector’s role in the COVID-19 response.”

Mr Macfarlane said QRC would continue to work with the Government to secure bipartisan support for a resources industry development plan, stable rates and thresholds on the royalty taxes paid by all resource commodities for the next decade, and a streamlined assessment and approval process for new projects.

Source: QRC

                     

24.08.2020 (834 Clicks)

Nexa Resources improves Safety and Ore Recovery with first WebGen blast

By applying the unique features of Orica’s fully wireless initiation system, WebGen™, Nexa Vazante (Nexa Resources) significantly reduced ore dilution from 27% to 20%, resulting in a net benefit of US$1.59 million.

The single blast event achieved a smaller hydraulic radius by keeping the pillar during the stope extraction which in turn resulted in a reduced cycle time to 20 days, down 70% from an expected 90 days by maintaining two mucking access points to the main stope, only possible due to the wireless capability of WebGen™. The unique blasting approach dramatically improved safety by pre-loading the pillar with WebGen™, minimising the exposure of personnel and removing the need to re-enter the area.

24.08.2020 (683 Clicks)

Petropavlovsk PLC: Board Changes

The board of directors of Petropavlovsk PLC announces the appointment of Mr. Malay Mukherjee as a new independent non-executive director with immediate effect.

24.08.2020 (721 Clicks)

Launch of the Fair Cobalt Alliance: Working together to improve Conditions in Cobalt Mines and Communities in the Democratic Republic of Congo

• Founding members of the Fair Cobalt Alliance (FCA), Fairphone, Signify, Huayou Cobalt and The Impact Facility, are today joined by Glencore, the Responsible Cobalt Initiative (RCI), Sono Motors, and Lifesaver to launch the FCA
• The demand for the minerals in battery production, including cobalt, is set to increase to power the transition to a greener economy
• The FCA is set up to work with the Democratic Republic of Congo (DRC) government and civil society partners to tackle problems in the cobalt supply chain linked to artisanal and small scale mining (ASM), such as poor working conditions and child labour, and build a source of responsible cobalt from the ASM sector  
  
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20.08.2020 (644 Clicks)

Improved Safety, Efficiency, and a lower environmental Impact – ambitious EU Project combines Research and Business to reshape Europe’s Mining Industry

The European Commission has granted EUR 8.4 million to a three-year H2020 project that develops an artificial intelligence platform for the monitoring and analysis of mine sites across Europe. The project, called Goldeneye, will develop solutions that improve safety, environmental impact and profitability of mines by creating a platform that combines earth observation technologies with on-site sensing.