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23.03.2021 (414 Clicks)

IDS GeoRadar announces SLYX for slow Movement Analysis on Tailing Dams

The new Guardian algorithm developed in cooperation with Geopraevent, recently acquired by Hexagon, plays an important role for early precursors of potentially catastrophic tailing dams failures.
Two of the leading players in the monitoring industry, Geopraevent and IDS GeoRadar, both Hexagon companies, today introduce SLYX Slow Movement Analysis, a solution that goes beyond standard analysis of tailing dams.

23.03.2021 (454 Clicks)

Farrington Station built by BAM Ferrovial Kier JV first Central London Elizabeth Line Station handed over by Crossrail to TFL

Crossrail has handed over the Farringdon Elizabeth line station, built by the BAM, Ferrovial, Kier joint venture (Team BFK), to Transport for London (TfL), making it the first central London station to reach handover.

23.03.2021 (502 Clicks)

Glencore announces CEO Succession and Board Changes

Glencore plc today announces:

CEO succession

Further to the announcement of 4 December 2020 regarding the CEO succession process, Ivan Glasenberg will retire on 30 June 2021.

23.03.2021 (401 Clicks)

Major Milestone achieved in Teesside Flood Scheme in United Kingdom

The Environment Agency and Middlesbrough Council are working together on Marton West Beck Flood Alleviation Scheme in Middlesbrough. A major step in a £4.8million Teesside flood scheme has been taken as a new debris screen is lifted into place.

23.03.2021 (482 Clicks)

BAM PPP appoints new international Business Development Director

BAM PPP is delighted to announce the appointment of Mark Moore as Business Development Director (International). He is currently a Project Director in the BAM PPP UK and Ireland business development team and will start his new international role in mid-April.

23.03.2021 (415 Clicks)

Joint plan approved for the partial and proportional Demerger of Astaldi in Favour of Webuild

• Webuild and Astaldi Boards of Directors approved the demerger with the favorable opinion of their respective Related Parties Committees. The plan will be submitted for approval to the Astaldi and Webuild Shareholders, whose general meetings will be held, respectively, on 29 and 30 April 2021.  
  
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22.03.2021 (550 Clicks)

Canadian Pacific and Kansas City Southern agree to combine to create the first U.S.-Mexico-Canada Rail Network

Canadian Pacific Railway Limited (“CP”) and Kansas City Southern (“KCS”) announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both boards of directors, values KCS at $275 per share, representing a 23% premium, based on the CP and KCS closing prices on March 19, 2021 (and $270 per share, representing a 26% premium3, based on the respective CP and KCS 30-day volume weighted average prices (“VWAP”)).

22.03.2021 (417 Clicks)

Metso Outotec receives Order for a Mine Conveyor System in South America

Metso Outotec has received an order for a heavy-duty mine conveyor system in South America. The delivery consists of high reliability overland conveyors, including a 2-km single flight conveyor. Equipment provided in this package runs at speeds of up to 6 m/s with a delivery capacity of over 9,000 t/h. The order value is approximately EUR 10 million and it has been booked in Minerals’ Q1/2021 orders received.

21.03.2021 (559 Clicks)

Cimic's Sedgman and CPB Contractors secure $100m in Project Wins

Cimic Group’s minerals processing company, Sedgman, and construction company CPB Contractors, have further extended their presence in Queensland with the award of contracts totalling approximately $100 million in revenue.

21.03.2021 (453 Clicks)

New Bauxite Development could breathe new Life into Qld Jobs Market and Economy

The Queensland Resources Council (QRC) has welcomed the announcement of a new joint venture that, if approved, could develop a new bauxite mine and create hundreds of new jobs in Far North Queensland.

QRC Chief Executive Ian Macfarlane said the agreement for Mitsubishi Development to acquire a 30 percent interest in Glencore’s Aurukun Bauxite project has the potential to breathe new life into Queensland’s jobs market, creating up to 250 jobs over a two-year construction period and 400 jobs when the mine enters production.

He said if the project met its regulatory approvals, it would drive economic growth at a time Queensland needed to work and earn its way through Covid.

“This is a substantial investment by QRC member companies, Mitsubishi Development and Glencore, and a huge vote of confidence in Queensland’s resources sector,” Mr Macfarlane said. “The announcement is also the continuation of a longstanding, historic and successful partnership between Japan and Queensland that has delivered enormous benefits to our state over five decades, particularly to regional areas in the form of long-term, well-paid jobs. Glencore is also a longstanding and successful investor in the Queensland mining sector, in both coal and metals, and is an ideal partner in this project.”

Mr Macfarlane welcomed the potential for the joint venture to reduce carbon emissions, with bauxite a key ingredient in aluminium that can be recycled and is used every day in homes and workplaces, in cars, trains, automobiles and boats, and in cooking and packaging. He said the potential increase in jobs for Indigenous communities in the region was another major benefit.

“Queensland’s resources sector is the largest private sector employer of Aboriginal and Torres Strait Islanders in the state,” he said. “If this project receives the necessary approvals, based on our sector’s track record of leading the way in increasing the number of Indigenous men and women in our workforce, it will provide long-term benefits to communities in the far north and beyond.”

Mr Macfarlane said Queensland’s resources sector had recorded a 45 percent increase in Indigenous participation in its workforce over the past five years (since 2016-17), and a 20 percent jump in Indigenous participation over the past financial year (2019-20).

“These latest figures from an annual, independent survey of our members show just how seriously resources companies take their responsibility to improve diversity in our sector and strengthen our social licence to operate,” he said. “We are proud of the fact resources is the only industry in Queensland where the employment of Aboriginal and Torres Strait Islander people exceeds their proportional share of the Queensland population. Direct Indigenous employment in our industry now sits at 4.8 percent of our workforce, compared with Queensland’s Indigenous population of 4 percent, and 3 percent nationally, so we are leading the way in this area,” he said. “Given yesterday was National Close the Gap Day, and the 46th anniversary of Australia’s first Aboriginal state parliamentarian’s maiden speech to the Queensland Parliament, the resources sector is very pleased to be able to report these outcomes.”

Source: QRC