Sandvik Mining and Construction (STO:SAND) has signed an agreement with the energy company RWE Power AG in the Netherlands for a turnkey materials-handling system. The value of the order is approximately 650 MSEK and comprises a complete materials-handling system for the Eemshaven Power Plant in the Netherlands. The project includes two grab-type ship unloaders, two stackers and three portal reclaimers....
Rajant Corporation, a leading provider of wireless mining solutions, announced today that it has entered into a reseller agreement with Indiana-based MacAllister Machinery Co. Inc., (MacAllister ) to market, sell and support its BreadCrumb® wireless mesh communications product line. “We look forward to working with MacAllister within the Caterpillar dealer network. With this new dealer agreement,...
Joy Global Inc., a worldwide leader in high-productivity mining solutions, announced that its wholly-owned China Mining Machinery subsidiary has completed the acquisition of 100% of the outstanding shares of Wuxi Shengda, a Chinese manufacturer of longwall shearing machines, for $22.0 million excluding closing costs. Wuxi Shengda provides the Company with a foothold in the China market for domestic...
Meridium Inc., the global leader in asset performance management software and consulting solutions, announced that Samarco Mineracao S.A has implemented Meridium software to ensure the stability of its operations and industrial processes with practices that reconcile the best possible availability, with a guarantee of high reliability. Founded in 1977, Samarco is a pioneer in the processing of low-grade...
Mr. Buck Morrow, President of Northland Resources Inc. announce, as per Northland’s press release of November 20th, that the Chief Mine Inspector of Sweden has granted an exploitation (mining) concession for the Tapuli iron ore project in northern Sweden. Tapuli has the potential to produce up to 3 million tonnes per annum of high grade, high quality, iron concentrate. According to the Swedish...
Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrastructure markets including oil and gas, power, chemical water and general industries, today announced it has signed a 10-year strategic supplier agreement with Saudi Aramco, one of the world’s largest oil producing companies. The supply agreement includes Flowserve’s entire...
FMC Technologies Inc., acting through its wholly owned subsidiary, FMC Kongsberg Holdings AS, and with the assistance of DnB NOR Markets, has acquired 25,000,000 shares in Roxar ASA, representing 10.26% of Roxar’s outstanding share capital. Roxar is a strategic supplier to FMC Technologies of components for subsea and other applications and this transaction will strengthen the relationship between...
ARAM Systems, a subsidiary of ION Geophysical Corporation, announced the commercialization of its cable-based ARIES II(TM) seismic recording platform. ARIES II provides the operational flexibility to cost-effectively undertake complex 2D, 3D, and 4D acquisition programs both onshore and in transition zone environments, and delivers the capabilities needed for both high channel-count acquisition programs...
Atlas Copco has won an order to supply the mining company LKAB with equipment for rock reinforcement, to increase safety at its mines in Kiruna and Malmberget, Sweden. The value of the order, which includes an extensive service agreement, is about MSEK 140. The order was received in the fourth quarter. The full service agreement runs for three years and will guarantee availability for all units. LKAB...
Mechel OAO, one of the leading Russian mining and metals companies, announces that it has signed a contract with Minmetals, one of China’s largest state-owned industrial corporations, to construct a rail and structural steel mill at its Chelyabinsk Metallurgical Plant OAO subsidiary. The commercial agreement, signed today, is the first in accordance with the Memorandum of Intent signed between...