Mining

NTT Partners With Albemarle to Deploy a Private LTE/5G Network to Enhance Hybrid Working and Improve Mining Operations

Retrieved on: 
Monday, May 16, 2022 - 9:00am

Operating mining and manufacturing facilities across three continents, Albemarle needed a network that would allow its global engineers to connect with technicians for remote site surveys and assists.

Key Points: 
  • Operating mining and manufacturing facilities across three continents, Albemarle needed a network that would allow its global engineers to connect with technicians for remote site surveys and assists.
  • The use of private LTE/5G will enable Albemarle to enhance its hybrid working process and reduce the amount of global travel needed to operate.
  • A private network provides the organization with enhanced security, high technology performance, and coverage to enable IoT devices.
  • A private LTE/5G network will continue to transform business outcomes in mission-critical environments for Albemarle, and this is just the start of their journey.

Proactive news headlines including RPM Automotive Group, Galena Mining, Allup Silica and Evolution Energy Minerals

Retrieved on: 
Monday, May 16, 2022 - 7:06am

Click here

Key Points: 
  • Click here
    Allup Silica Ltd (ASX:APS)'s independent metallurgical test-work has demonstrated the potential to produce high-quality silica sand from the Sparkler Silica Exploration Project in Western Australia.
  • Click here
    Evolution Energy Minerals Ltd (ASX:EV1) has appointed highly experienced, leading financial advisory group Auramet International to advise and secure project financing for its Chilalo Graphite Project in Tanzania.
  • Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2006.
  • For more information on how Proactive can help you make a difference, email us at action@proactiveinvestors.com

Euro Manganese Reports Second Quarter 2022 Financial Results and Project Developments

Retrieved on: 
Sunday, May 15, 2022 - 11:42pm

VANCOUVER, British Columbia, May 15, 2022 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the second quarter 2022 and to date.

Key Points: 
  • VANCOUVER, British Columbia, May 15, 2022 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the second quarter 2022 and to date.
  • The Company has now filed its second quarter Financial Statements and Managements Discussion and Analysis (MD&A).
  • Dr. Matthew James, President & CEO of Euro Manganese, said:
    The second quarter of 2022 was extremely productive for Euro Manganese despite some challenges caused by world events.
  • Euro Manganese will host its Second Quarter 2022 Operational Update conference call on Monday, May 16, 2022 at 3:30pm PT (6:30pm ET) (Tuesday, May 17, 2022 at 8.30 am AEST).

Sego Resources Inc.: Invitation to VRIC Booth 801

Retrieved on: 
Sunday, May 15, 2022 - 8:32pm

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2022) - Sego Resources Inc. (TSXV: SGZ) would like to cordially invite you to visit us at Booth #801 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday May 17 Wednesday May 18, 2022.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 15, 2022) - Sego Resources Inc. (TSXV: SGZ) would like to cordially invite you to visit us at Booth #801 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday May 17 Wednesday May 18, 2022.
  • Former Prime Minister of Canada Stephen Harper and Former President of Mexico Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference.
  • The Vancouver Resource Investment Conference (VRIC) will host over 100 international keynote speakers covering the hottest topics in finance, economics and geopolitics on May 17th and 18th, 2022.
  • The VRIC will include a marketplace of 225 investment opportunities in the mining industry, spanning early-stage exploration to advanced producing mines.

Adani to Acquire Holcim's Stake in Ambuja Cements and ACC Limited

Retrieved on: 
Sunday, May 15, 2022 - 7:18pm

AHMEDABAD, India, May 15, 2022 /PRNewswire/ -- The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd's entire stake in two of India's leading cement companies – Ambuja Cements Ltd and ACC Ltd.

Key Points: 
  • The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A transaction in the infrastructure and materials space.
  • "Our move into the cement business is yet another validation of our belief in our nation's growth story," said Mr Gautam Adani, Chairman of the Adani Group.
  • In addition, Ambuja Cements and ACC are two of the strongest brands recognized across India.
  • Ambuja Cements and ACC currently have a combined installed production capacity of ~70 MTPA.

Adani to Acquire Holcim's Stake in Ambuja Cements and ACC Limited

Retrieved on: 
Sunday, May 15, 2022 - 7:08pm

AHMEDABAD, India, May 15, 2022 /PRNewswire/ -- The Adani Family, through an offshore special purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Switzerland-based Holcim Ltd's entire stake in two of India's leading cement companies – Ambuja Cements Ltd and ACC Ltd.

Key Points: 
  • The value for the Holcim stake and open offer consideration for Ambuja Cements and ACC is USD ~10.5 billion, which makes this the largest ever acquisition by Adani, and India's largest ever M&A transaction in the infrastructure and materials space.
  • "Our move into the cement business is yet another validation of our belief in our nation's growth story," said Mr Gautam Adani, Chairman of the Adani Group.
  • In addition, Ambuja Cements and ACC are two of the strongest brands recognized across India.
  • Ambuja Cements and ACC currently have a combined installed production capacity of ~70 MTPA.

USW Announces Tentative Agreement with Arconic on Four-Year Contract

Retrieved on: 
Sunday, May 15, 2022 - 2:33pm

PITTSBURGH, May 15, 2022 /PRNewswire/ --The United Steelworkers (USW) today said that the union has reached a tentative agreement on a new, four-year master contract with Arconic (NYSE: ARNC) covering roughly 3,400 workers in Davenport, Iowa; Alcoa, Tenn.; Lafayette, Ind.

Key Points: 
  • PITTSBURGH, May 15, 2022 /PRNewswire/ --The United Steelworkers (USW) today said that the union has reached a tentative agreement on a new, four-year master contract with Arconic (NYSE: ARNC) covering roughly 3,400 workers in Davenport, Iowa; Alcoa, Tenn.; Lafayette, Ind.
  • The union has reached a tentative agreement on a new, four-year master contract with Arconic.
  • USW District 11 Director Emil Ramirez, who chaired the negotiations, said the tentative agreement features substantial wage and benefit improvements for all Arconic employees.
  • "For their outstanding work throughout the pandemic and beyond, USW members have earned and deserve a fair agreement," Ramirez said.

Rio Grande Pacific Corporation Announces Engineering and Construction Teams for Uinta Basin Railway Project

Retrieved on: 
Saturday, May 14, 2022 - 2:49am

Rio Grande Pacific Corporation (RGPC or the Company) through its Rio Grande Pacific Group portfolio company Basin Railway Constructors, LLC (BRC) announced today it has selected the engineering and construction firms for the final engineering and construction of the Uinta Basin Railway, the 85-mile-long common-carrier railway that will provide the first-ever common-carrier railway service to northeastern Utahs Uinta Basin region.

Key Points: 
  • Rio Grande Pacific Corporation (RGPC or the Company) through its Rio Grande Pacific Group portfolio company Basin Railway Constructors, LLC (BRC) announced today it has selected the engineering and construction firms for the final engineering and construction of the Uinta Basin Railway, the 85-mile-long common-carrier railway that will provide the first-ever common-carrier railway service to northeastern Utahs Uinta Basin region.
  • (Photo: Business Wire)
    Construction and operation of the Uinta Basin Railway project was authorized by the U.S.
  • The railway will serve mineral, energy, agricultural, construction, and manufacturing industries in the Uinta Basin.
  • Engineering and Construction firms that were selected are:
    AECOM will deliver final design of the railway exclusive of it tunnels.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Aurinia, Stronghold, Lilium, and Li-Cycle and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, May 14, 2022 - 2:00am

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.

Key Points: 
  • Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.
  • On February 28, 2022, Aurinia issued a press release announcing its financial results for the quarter and full year ended December 31, 2021.
  • Among other items, Aurinia reported a year-over-year revenue decline and announced a lower-than-expected sales outlook for 2022.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Aurinia, Stronghold, Lilium, and Li-Cycle and Encourages Investors to Contact the Firm

Retrieved on: 
Saturday, May 14, 2022 - 2:00am

Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.

Key Points: 
  • Throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operations, and compliance policies.
  • On February 28, 2022, Aurinia issued a press release announcing its financial results for the quarter and full year ended December 31, 2021.
  • Among other items, Aurinia reported a year-over-year revenue decline and announced a lower-than-expected sales outlook for 2022.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.