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17.11.2020 (784 Clicks)

Hochtief listed in Dow Jones Sustainability Index for the 15th Time

Inclusion recognizes Hochtief’s focus on sustainability

13.11.2020 (1593 Clicks)

Coffey's Senior Consultant awarded Peter Nicol Career Achievement Memorial Medal

Dr Harry Poulos awarded the Peter Nicol Russell Career Achievement Memorial Medal. Coffey’s senior consultant Professor Harry Poulos AM has been recognised for his remarkable contribution to the field of engineering.

12.11.2020 (666 Clicks)

Anglo American adds low Emission Fleet to global Shipping Operations

Anglo American announces the award of a ten-year charter contract for four LNG fuelled capesize+ vessels, introducing LNG into its chartered fleet for the first time. The new build LNG vessels offer significant environmental benefits, including a c.35% cut in CO2 emissions compared to standard marine fuel, while also using new technology to eliminate the release of unburnt methane, or so-called “methane slip”.

12.11.2020 (620 Clicks)

QRC welcomes new Resources Minister

The Queensland Resources Council has welcomed the appointment of Member for Townsville Scott Stewart as the new State Minister for Resources.

11.11.2020 (752 Clicks)

Strabag awarded two major Contracts for Flood Protection Dams in Oman

• Construction of two flood protection dams in the Muscat region
• Contract value of about € 165 million

10.11.2020 (696 Clicks)

Metso Outotec launches compact large-capacity primary Crusher for above and Underground Applications

Metso Outotec is launching an extension to it’s primary gyratory crusher range: The Superior MKIII 6275UG. The new crusher, which can be used in different types of applications, provides large capacity with significant savings in CAPEX and operating costs.

09.11.2020 (717 Clicks)

CSIRO and Partners take Aim at Ending Plastic Waste

CSIRO, Australia’s national science agency, is developing a major research program to tackle plastic waste and reimagine the future of plastics.

The Plastics Mission, one of 12 missions in development by CSIRO is using science and technology, to address Australia’s plastics waste issue.

Each year, 90 billion tonnes of primary materials are extracted and used globally for plastics. Only 9 per cent is recycled, with economic, social, environmental and health impacts. In Australia, we generate an estimated 67 million tonnes of waste every year.

09.11.2020 (663 Clicks)

Boliden and Luleå University of Technology enter into a Collaboration Agreement

Boliden and Luleå University of Technology are today entering in to a long-term strategic collaboration agreement. The new agreement means that collaboration will be enhanced in terms of competence provision and competence development, as well as research and innovation towards leading positions within automation and resource utilization.

09.11.2020 (713 Clicks)

QIC Investment in Dalrymple Bay Coal Terminal backs Resources

The Queensland Resources Council (QRC) welcomes the Queensland Investment Corporation’s (QIC) commitment to take a 9.9 per cent stake in the Dalrymple Bay Coal Terminal (DBCT) near Mackay.

06.11.2020 (627 Clicks)

BAM reports solid third Quarter and reiterates full year Outlook

First nine months 2020 trading update

Royal BAM Group nv reports for the first nine months of 2020 an adjusted loss before tax of €81.8 million, which is a €51.7 million improvement versus the first half year result. The cash position and the order book remained solid. During the third quarter, the situation regarding Covid-19 was generally stable. BAM maintains its outlook of a positive adjusted result before tax for the second half of the year, although the Covid-19 situation still causes uncertainty:

• Both business lines improved performance in third quarter after being hit hard in second quarter by Covid-19
• Revenue of €1.7 billion in third quarter 2020, in line with comparable period 2019
• Adjusted result before tax of €51.7 million in third quarter 2020, a margin of 3.0%
• Programme to structurally lower BAM’s cost base by €100 million initiated; first benefits in 2021
• Cash position remained strong at €1.2 billion, which includes fully drawn €400 million revolving credit facility
• Capital ratio improved to 12.6%
• Order book at €13.3 billion, stable versus mid-year 2020

Source: Royal Bam Group