The mining machinery industry in Germany expects a decline in sales of 10 to 15 percent in 2020. Nevertheless, the industry is optimistic about the future, because only state-of-the-art mining technology will be able to ensure the raw materials needed for climate protection and digitization.

Orica announced statutory Net Profit After Tax for the 12 months ended 30 September 2020 of $168 million, down 31% on the prior corresponding period (pcp), and underlying EBIT of $605 million, down 9% on the pcp. Underlying earnings per share decreased by 23% to 75.7 cents per share.

First nine months 2020 trading update

• Implenia finalized strategy implementation reviews for all Divisions, including a re-evaluation of opportuni­ties and risks for all projects. This reinforced the need to sharpen and accelerate strategy execution

• Consolidated revenue down to EUR 23.6 million due to coronavirus pandemic
• Operating result (EBIT) drops to EUR –1.8 million
• Exceptionally high order book position of EUR 32.7 million as of the reporting date
• Adjusted FY 2020 forecast confirmed

January-June 2020 compared to January-June 2019

• Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF)
• High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT)
• Maintained high EBITDA margin of over 16% (currency adjusted absolute EBITDA was flat)
• Operating profit (EBIT) at CHF 410.2 million (–14.8%)
• Increased operating free cash flow amounting to CHF 254.7 million (+41.7%)
• Closing of acquisition of Adeplast (Romania), takeover of Modern Waterproofing Group (Egypt), and buildup of a new factory in Barranquilla (Colombia)
• Outlook for the second half of the year: Sika is expecting more favorable market conditions. With the anticipated improvement in sales volumes, the company expects an over-proportional EBIT increase for the second half of the year
• Confirmation of 2023 strategic targets for sustainable, profitable growth

Trading update for the first half of 2020, including Covid-19 impact

• Consolidated revenue down to EUR 10.7 million due to coronavirus pandemic
• Operating result (EBIT) decreases to EUR -2.1 million
• High order book position of EUR 29.4 million reflects delayed order processing
• Subdued outlook in the mining equipment market owing to Covid-19 effects

• Nominal net loss of EUR 206 million due to BICC one-off effect
• Operational net profit up 28% to EUR 669 million
• Strong liquidity and order book

• Sales increase of 15.4% in local currencies to CHF 1,813.6 million (+10.3% in CHF)
• Negative currency effect of –5.1%
• Acquisition of Adeplast (Romania) concluded, new production facility in Sarnen (Switzerland) comes on stream
• Outlook for 2020: forecast for 2020 not yet possible due to ongoing developments related to Covid-19
• Confirmation of 2023 strategic targets for sustainable, profitable growth

Strong liquidity & order book

Queensland’s resources have propelled the value of the State’s exports to $83.3 billion in the 12 months to February 2020, according to the latest Australian Bureau of Statistics data.  

New research by the Responsible Mining Foundation (RMF) reveals that more than one year after the Brumadinho tailings disaster in Brazil that killed 270 people, the mining industry is still dragging its heels on the step-change measures required to prevent such catastrophic tailings failures in the future.

Las Vegas and Shows – these two go hand in hand. Even though a lot of things were different this year due to the corona virus, the Conexpo-CON/AGG still went ahead from 10–13 March. With an area of about 2.7 million m² and over 2,300 exhibitors, the Conexpo-CON/AGG once again was North America’s largest Construction Trade Show. Bauer Equipment America, Inc., the US subsidiary of Bauer Maschinen Group also took part and, sharing a tradeshow booth with Equipment Corporation of America (ECA), presented several new developments as well as tried and tested specialist foundation engineering technology.

• Consolidated revenue of EUR 75.4 million well above previous year
• Operating profit (EBIT) grows significantly to EUR 6.8 million
• Strong business in China delivers strong revenue and earnings surge in Q4/2019
• Progress of business in China in 2020 still dependent on China III approval

Re-imagining mining to improve people’s lives

Vale informs that its teams continue to monitor and report to authorities the movements in the primary and secondary portions of the northern slope of the Gongo Soco mine pit, in Barão de Cocais (MG), paralyzed since 2016. The northern slope continues to slide into the structure, a process that has been taking place gradually since last year, as reported to the market on May 16th, 2019.

Vale ended 2019, the most challenging year of its history, with the steady commitment to resume and stabilize production, while implementing the highest safety standards across its operations. The company's endurance and operational flexibility have prevailed and the roadmap for de-risking its operations is being followed. Vale remains committed to becoming one of the safest and most reliable mining companies in the world.