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06.10.2020 (863 Clicks)

K+S sells its Americas salt business to Stone Canyon Industries Holding, Mark Demetree and Affiliates

K+S Aktiengesellschaft signed a contract to sell its Americas salt business bundled together as the Americas Operating Unit to Stone Canyon Industries Holdings LLC (“SCIH”), Mark Demetree and affiliates:

• Contract of sale of the Americas salt business for USD 3.2 billion signed
• Milestone in reducing debt significantly
• Clear focus on costs and cash flow as part of the realignment
• Solid financial basis for sustainable development of K+S

05.10.2020 (731 Clicks)

Francesca Ottoni joins Hatch to lead Hydropower Business in Ontario

Hatch announce the appointment of Francesca Ottoni to the role of Regional Manager, Waterpower. Based in Niagara Falls, the birthplace of Hatch’s nearly 100-year-old history in waterpower, Ottoni will lead Hatch’s world-class hydroelectric professionals based in Ontario.

05.10.2020 (658 Clicks)

Hatch and LTK confirm Integration Discussions

Hatch and LTK confirm that they are in the final stages of negotiating an integration of the two firms. These discussions have been very productive and both organizations agree that they are closely aligned with similar long-term goals and a desire to help their collective clients solve their toughest challenges.

05.10.2020 (687 Clicks)

Epiroc Partner Railcare launches battery-powered Railway Maintenance Vehicle

Stockholm, Sweden: Epiroc’s collaboration partner Railcare Group AB today launched the world’s biggest battery-electric railway maintenance vehicle, using an Epiroc-developed technology platform.

02.10.2020 (988 Clicks)

Nerospec and SK Group sign JV: Nerospec SK enhances Mining Efficiencies with a complete Range of Digitalization Solutions

The South-African Nerospec Group and the German Schmidt Kranz Group have joined forces to implement flexible wireless automation and digitalization enabling its customers to be part of the 4th industrial revolution for connected mining.

02.10.2020 (679 Clicks)

BHP Apprenticeship Pledge and METS Business Support Package

BHP CEO Mike Henry announced BHP’s commitment to training and funding for 3,500 new Australian apprenticeship and training positions, and driving up to $450 million into (Australian dollars) supporting business opportunities in Australia’s mining, equipment, technology and services (METS) sector.

01.10.2020 (654 Clicks)

Coffey to provide Geotechnical and Environmental Services for Landmark Brisbane Waterfront Development

Coffey has been engaged by Dexus as the geotechnical and environmental advisor for the “Brisbane Waterfront” development - a $2.1 billion transformation of the Eagle Street Pier and Waterfront Place precinct into Brisbane’s premium business and leisure destination.

01.10.2020 (569 Clicks)

Fugro’s new Lithuanian Laboratory speeds up local Soil Testing

Fugro has opened a state-of-the art laboratory in Lithuania, boosting its soil testing capabilities in the region.

01.10.2020 (711 Clicks)

Copper Output from World’s top ten Producers declined in Q2 2020

Lockdowns across Chile, Peru and Mexico, including the closure of some of the world’s largest copper mines, were a key factor behind a 3.7% collective decline in copper output from the world’s top ten producers in Q2 2020, from 2.7 million tonnes (Mt) to 2.6Mt.

Overall production of copper is forecast to drop by 1.5% in 2020, falling to 20.3Mt, according to GlobalData, a leading data and analytics company.

The largest decline in Q2 was observed from Glencore, where production fell by 13.9% year-on-year (YOY) due to lower ore grades and disruptions caused by the Covid-19 outbreak - particularly at the Antamina mine, which also reduced BHP’s output.

Vinneth Bajaj, Senior Mining Analyst at GlobalData, comments: “Lower ore grades at BHP’s Pampa Norte (Spence and Cerro Colorado mines), Antofagasta‘s Centinela Concentrates and lower rates at KGHM’s Robinson and Franke mines were key factors behind the declines in the other major producers output during the second quarter.”

Major operating mines that were closed as a result of the Covid-19 pandemic for significant periods in Q2 were Chuquicamata, Cobre Panama, Antamina, Las Bambas and Cerro Verde. Development work was also halted at the Los Pelambres and El Teniente mines.

Overall global copper production is expected to fall by 1.5% in 2020, with steeper declines in Chile and Peru. While Chile was initially relatively unaffected at the start of the quarter, with Codelco having just to halt on-site construction activities at Chuquicamata and El Teniente, rising cases led to mounting pressure from workers and the temporary shutdown of Chuquicamata at the end of June. Overall, production in Chile is expected to decline by 2.3% in 2020.

Bajaj adds: “Although operating activities in Peru resumed at the end of May, Covid-19 restrictions have disrupted the momentum of several copper mines, including the Las Bambas, Constancia, Toromocho and Cerro Verde, with production in Peru set to decline by 7.2% in 2020.”

Source: GlobalData

                     

30.09.2020 (829 Clicks)

STRABAG further expands Water Supply Network in Ghana

• Follow-up order ensures clean drinking water for another 89,000 people in the Volta region
• Contract value of € 11.5 million

The European-based construction group STRABAG has begun work on the further expansion of the water supply network in the Volta region around 160 km northeast of Ghana’s capital of Accra. The project will provide another 89,000 people with access to clean drinking water. The contract is worth around € 11.5 million and is scheduled for completion by July 2022.