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20.03.2021 (437 Clicks)

Implenia-led Joint Venture wins Contract to build northern Access Shaft on the Gotthard in Switzerland

The Swiss Federal Roads Office (FEDRO) has awarded the CHF 86.6 million contract to build a 4 km access shaft for the second Gotthard tube (Lot 243) to the “secondo tubo” joint venture between Implenia, Webuild Group / csc and Frutiger.

19.03.2021 (586 Clicks)

Medusa Mining appoints Managing Director and Chairman

Medusa Mining Limited announces the appointment of Andrew Teo as Managing Director and Jeffery McGlinn as Non-Executive Chairman, effective 19 March 2021.

Mr Teo has been the Chairman of Medusa since November 2013 and a Board member since February 2010. Mr Teo has served as the Interim CEO since June 2020 after the resignation of Medusa’s previous CEO in mid-2020.

Following the resignation of the former CEO, Medusa undertook a search to identify a suitable, high quality replacement lead executive. International travel restrictions caused by the COVID-19 pandemic made this process more challenging and, after eight months in the interim CEO role, the Board believes Mr Teo is the best suited candidate for the position of Managing Director.

Mr Teo has developed a deep understanding of the business over the past decade and has strong local relationships within the Co-O workforce, the surrounding community and Philippine regulators, which together make him ideally suited for the role.

He is an accountant with 40 years' of experience in accounting, treasury, corporate, legal and business administration across several industries, including the mining industry. Mr Teo was an executive of BGC (Australia) Pty Ltd (“BGC”) for more than 35 years and was Chief Financial Officer/Executive Director of BGC until his retirement in March 2018. BGC is one of Australia’s largest privately owned companies with annual turnover in excess of A$1 billion. Mr Teo remains a Non-Executive Director of BGC.

Mr McGlinn was appointed as a Non-Executive Director of Medusa in February 2021 and will now take the role of Non-Executive Chairman, following Mr Teo's appointment as Managing Director.

Mr McGlinn, a highly credentialed Australian businessman with extensive international experience, was appointed to the Medusa Board in February 2021 and the Board is strongly supportive of his move into the position of Non-Executive Chairman. Mr McGlinn was a founder of ASX-listed mining services company NRW Holdings Limited (ASX:NWH) and has been involved in the establishment of a diverse array of successful international businesses including in the industries of construction, industrial lighting and horse breeding (refer to ASX announcement 16 February 2021).

Commenting on Mr McGlinn’s appointment as Non Executive Chairman, outgoing Chairman and newly appointed Managing Director Mr Teo said “Jeffery will be an excellent contributor in the role of Chairman and I look forward to working with him”.

Following the Board restructure, Mr McGlinn will serve as Non-Executive Chairman alongside Non-Executive Directors Roy Daniel and Simon Mottram. Mr Teo remains on the Board as Managing Director.

Source: Medusa Mining Limited

                     

19.03.2021 (382 Clicks)

Normet invests in new multi-purpose Facility in India

Normet’s Board of Directors has approved the investment proposal for a new and expanded multi-purpose facility in India.

19.03.2021 (377 Clicks)

Fugro conducts seep Survey and geochemical Campaign for Petronas Suriname E&P B.V.

Fugro is conducting a seep survey and geochemical campaign in Block 48, offshore Suriname, for Petronas Suriname E&P B.V. (PSEPBV). PSEPBV is a subsidiary of Petronas, a global energy and solutions partner ranked amongst the largest corporations in the Fortune Global 500.

18.03.2021 (369 Clicks)

Bauer carries out Specialist Foundation Engineering Works in Bavarian Town

In the heart of Wolfratshausen, a Bavarian town approx. 30 km south of Munich and 10 km east of Lake Starnberg, a new residential complex with additional commercial spaces is currently under construction: the future “Loisach Quartier”. Plans for the southern section include construction of a new supermarket and 47 apartments along with a two-story underground garage, while the northern section includes an apartment building with 70 apartments and another underground garage.

18.03.2021 (744 Clicks)

Tomra Sorting Mining launches Tomra Act, a new intuitive User Interface

Tomra introduces the Tomra Act new user interface, together with a new image processing pipeline and additional process data for Tomra Insight, enabling improvements in the overall sorting process for greater productivity and profitability.

18.03.2021 (564 Clicks)

Cimic's UGL finalises Gippsland Rail Upgrade Contract

Cimic Group’s UGL, as part of an alliance, has reached contract award with Rail Projects Victoria for the Gippsland Line Upgrade, which will improve rail services for Victoria’s Gippsland line.

17.03.2021 (622 Clicks)

Implenia wins major Contract for the Lysaker-Fornebu Tunnel Construction in Norway

Fornebubanen has chosen Implenia for tunnel and ground construction from Lysaker to Fornebu | estimated contract value of CHF 131 million

17.03.2021 (396 Clicks)

Strengthening European Supply of critical Raw Materials is vital for Green Deal and Resilience of Key Industries

The Action Plan for Critical Raw Materials presented by the European Commission in September 2020 is subject to an opinion which will be discussed by local and regional leaders during the plenary of the European Committee of the Regions (CoR) on 18 March. Many European key industries, especially those involved in future-oriented technologies, are highly dependent on critical raw materials, a majority of which are imported from non-EU countries.

16.03.2021 (515 Clicks)

Vale announces new Director of Finance and Business Development for the Base Metals Business

Deshnee Naidoo is the new Director of Finance and Business Development for the Base Metals business.