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Remediation of the Kesslergrube Landfill in Germany: Bauer Umwelt starts regular Excavations

The remediation project on the former site of the Kesslergrube landfill (perimeter 1/3 northwest) began in late summer 2015. Roche Pharma AG commissioned Bauer Resources GmbH and Bauer Umwelt, which specializes in contamination remediation, to carry out the work. After the large diameter boreholes for the installation of a secant bored pile wall had been concluded by Bauer Spezialtiefbau GmbH last year and the air-tight, sound-insulated enclosure was completed at the beginning of October, the time had come: the regular excavations started after a short trial operation in December 2017. These are scheduled to be concluded by 2020.

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Eldorado Gold enters constructive Dialogue with Greek Government

Eldorado Gold Corporation ("Eldorado", "the Company" or "we") announced that it has entered into constructive dialogue with Greece's Ministry of Energy and Environment ("MoE") in respect to the development of the Company's subsidiary, Hellas Gold S.A.'s, Kassandra Mine assets in Halkidiki, Northern Greece. The Kassandra assets, which include the Skouries and Olympias projects and the Stratoni mine, were permitted under one single Environment Impact Study ("EIS") approved in 2011 by the Greek State.

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First Rogun Dam Milestone in Tajikistan

With the completion of a cofferdam, Salini Impregilo has reached its first milestone in the construction of the Rogun hydroelectric dam in Tajikistan, an ambitious $3.9-billion project that will double the Central Asian country’s capacity to produce electricity.

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London Tunnelling Contract approaches successful Completion

The LPT contract saw the jv partners tunnelling for some 32km under the capital, creating what client National Grid describes as an ‘electricity superhighway’ for high-voltage cables to provide increased resilience for the city’s power supplies. When all aspects of the project are complete in 2018, it will help ensure that London’s growing demand for power can be met over the coming years.

The contract involved driving three major new tunnels under London, linking Hackney in the east with Willesden in the west and Wimbledon to the south, with 14 shafts along the route providing access from street level. This represented the longest single tunnelling contract ever let to a single contractor in London.

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K+S Group: Revenues and Earnings down significantly as expected

  • Revenues: 9M: € 2.5 billion (9M/15: € 3.2 billion) / Q3: € 688 million (9M/15: € 891 million)
  • EBIT I: 9M: € 202 million (9M/15: € 628 million) / Q3: € -31 million (9M/15: € 132 million)
  • Lower price level particularly in the Potash and Magnesium Products business unit
  • Production limitations due to restricted deep-well injection permit at Werra plant
  • Outlook: EBIT I between € 200 million and € 260 million in 2016
  • Legacy: Replacement of the damaged process vessel has started; first tonne in the second quarter of 2017
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