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05.11.2020 (1721 Clicks)

Malaysian Tunnellers beat the Odds again

On 11 October 2020, the last of the tunnel ring making up the 13.5 km-stretch of the Klang Valley Mass Rapid Transit (KVMRT) twin bored tunnels was finally completed. Part of a 52 km alignment known as the Putrajaya line, it is the second extension to the first Kajang line, and also Malaysia’s first metro network meant to connect satellite towns to its capital city, Kuala Lumpur (KL).

05.11.2020 (579 Clicks)

Anglo American Platinum closes ACP Phase B resulting in temporary build in work-in-progress Inventory

Anglo American plc notes the announcement by Anglo American Platinum Limited released today to the Johannesburg stock exchange. The text of the announcement is copied below:

Anglo American Platinum has made the pre-emptive decision to close the Anglo Converter Plant (ACP) Phase B unit, following a series of water leaks, to ensure an ongoing safe operating environment, protect employees and protect the integrity of the plant and surrounding processing assets.

Natascha Viljoen, CEO of Anglo American Platinum states:

“As indicated in our Q3 production report on 22 October, the ACP Phase B unit has been fragile and has unfortunately recently experienced a number of further instances of water leaks. Whilst the ACP management team has done extraordinary work to keep the unit operating safely over the past several months, we have taken this pre-emptive decision to now close the ACP Phase B unit to ensure we protect our employees, operating environment and the integrity of our assets. Whilst this early closure will result in a temporary build up in work-in-progress inventory, we continue to make good progress with the rebuild of the main ACP Phase A unit, which we expect to complete towards the end of this year.”

Increased monitoring, controls and systems were implemented to continually assess the ACP Phase B unit and further water leaks were discovered. The ACP Phase B unit underwent a planned and measured shutdown. Whilst the ACP management team has been able to complete repairs to previous water leaks, after a comprehensive assessment, and with further water leaks discovered, the ACP Phase B unit now requires more extensive repair work. As a result, the ACP Phase B unit has been closed for a full rebuild in 2021.

As at 31 October 2020, the Company has refined 2.4 million PGM ounces. As production continues at c.94% of normal production levels, the closure of ACP Phase B unit until ACP Phase A unit is recommissioned will result in an increase in work-in-progress inventory, whose release will commence once the ACP is operational. The Company has made significant progress with the Phase A unit and remains on track to commission it before the end of this year, ahead of the original schedule of Q2 2021.

As a result of the closure of the ACP Phase B unit, the Company has lowered its refined production and sales guidance for 2020 to c.2.5 million PGM ounces (previously 3.1-3.3 million PGM ounces). There is no change to other guidance, including M&C production which remains at between 3.6 – 3.8 million PGM ounces. The Company has contingency plans in place and will be engaging with customers to minimise any disruption to contractual obligations.

As at 31 October 2020, the Company remains in a net cash position of c.R28 billion (unaudited) and has R25 billion of committed facilities available.

Source: Anglo American

                     

05.11.2020 (664 Clicks)

Traveling together: Hatch and LTK join together to form top Rail and Transit Solutions Provider

Hatch welcomes LTK – a transportation engineering consulting firm that specializes in transit, transit vehicles, and transit systems - into its global network as part of Hatch’s global Infrastructure team. This new partnership will provide a solid foundation to position Hatch as a top transportation solutions provider in North America and around the globe.

04.11.2020 (635 Clicks)

Haver & Boecker Niagara appoints Australian National Sales Manager

Haver & Boecker Niagara announces the appointment of Duncan Hooper as its national sales manager in Australia. Hooper will help grow Haver & Boecker Niagara’s presence in Australia, working one-on-one with new and existing customers to provide the equipment and services they need to maximize the profitability of their aggregates and mining operations.

03.11.2020 (523 Clicks)

Webinar Series on environmentally friendly Mining – Experts share their Knowledge

Mining experts from TU Bergakademie Freiberg will be offering trilingual online seminars on responsible raw material mining and recultivation over the next two months. Interpreting is available in Russian, Ukrainian and German.

03.11.2020 (635 Clicks)

Metso Outotec divests its Operations in Vereeniging, South Africa

Consultations evaluating the closure or other alternatives related to former Metso operations in Vereeniging, South Africa, have been concluded. The consultations, initiated by Metso in March 2020, have resulted in the decision to divest the fabrication, machining and assembly operations and close or rearrange the rest of the operations.

03.11.2020 (646 Clicks)

Normet launches a completely new Equipment Offering with Stage V engines and new Cabin for Underground Operations

Normet has launched its new L-size equipment offering with Stage V emission class engines on 3rd of November 2020. Stage V engine technology reduces the diesel particles significantly providing cleaner working environment for the people underground.

03.11.2020 (728 Clicks)

Strabag to upgrade an approx. 55 km long Railway Line in Hungary

• Single-track line between Püspökladány and Biharkeresztes to be electrified, bottlenecks removed and stations renovated
• € 132 million contract awarded to SR 2019 consortium (Strabag’s share: 45.34 %)
• Electrification of the line should again enable an average speed of 100 km/h

29.10.2020 (684 Clicks)

Fugro’s QuickVision and InclinoCam Solutions support Monopile Installation for first Wind Turbines in US federal Waters

Fugro has used their integrated augmented-reality solutions to support Jan De Nul Group’s offshore installation of two monopiles for the first two offshore wind turbine foundations in US federal waters.

29.10.2020 (713 Clicks)

Major welcomes new authorized Dealer: Aggregate Machinery Specialist

Major appoints Aggregate Machinery Specialist as its newest aggregate and mining screen media authorized dealer.