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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 (455 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 (503 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 (404 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 (485 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 (416 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 (551 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 (418 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 (560 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.

The projects are:

• a contract awarded by QCoal to Sedgman to design and construct a tailings dewatering facility at the Byerwen mine in Central Queensland. The project results in a lower operational risk profile, less power usage, and improved water recovery and management of dewatering chemicals.
• a contract awarded by the Queensland government to Broad Construction, a wholly owned subsidiary of CPB Contractors, to deliver stage two of the Yarrabilba State Secondary College. The educational facilities to be delivered include senior general learning spaces, a senior applied technology centre, art and design centre and performing arts centre.

Cimic Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “Cimic Group’s companies have a strong history of delivering consistent outcomes in Queensland. We are pleased to continue our long-standing relationships with QCoal to deliver safe and efficient solutions for the industry; and with the Queensland Department of Education to deliver high-quality assets of lasting value that will benefit the local community.”

Sedgman Managing Director Grant Fraser said: “We are pleased to continue working with QCoal with a key focus on reducing impacts and undertaking environmentally responsible practices. The tailings dewatering contract at Byerwen is a great opportunity to achieve joint goals in ESG, an important focus for the industry.”

CPB Contractors Managing Director Jason Spears said: “Broad worked closely with the Department of Education to deliver stage one of the Yarrabilba State Secondary College. The team will build on this outstanding result to safely deliver the additional school facilities for the local community.”

Construction work for the Byerwen mine will commence this month and the project will conclude in mid-2022. The Yarrabilba State Secondary College will be completed during 2022.

Source: Hochtief AG

                     

21.03.2021 (454 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.