Mining drill services company Major Drilling Group has inked a new partnership with premier downhole technology company DGI Geoscience and its affiliate company, artificial intelligence-powered core logging tech innovator KORE GeoSystems. This strategic partnership positions Major Drilling at the forefront of AI advancements in the drilling industry, and the combination of Major Drilling’s fleet, skilled drilling teams and its TrailBlazer…
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Goodyear to sell off-the-road tire unit to Yokohama
U.S.-based Goodyear Tire & Rubber Co. has signed a definitive agreement to sell its off-the-road (OTR) tire business to the Yokohama Rubber Co. for $905 million in cash. The transaction follows a previously announced strategic review of the OTR tire business in connection with the Goodyear Forward transformation plan.
Read MoreTsurumi Pump celebrates 100th anniversary
Tsurumi Pump, a pioneering pump manufacturer founded in 1924 in Osaka, Japan, is proud to celebrate its 100th anniversary this year. The company has focused on technical excellence since its inception as an equipment manufacturer, gaining recognition across Asia and expanding to the United States and Europe.
Read MoreFlexicon marks 50th anniversary
Pennsylvania-based bulk handling company Flexicon Corporation is commemorating its 50th anniversary in 2024. Founded by William S. Gill in 1974, the company began manufacturing “flexible screw conveyors,” a term coined by the company. Their simplicity, reliability and economy made them popular not only for basic conveying jobs, but also for demanding applications previously satisfied by more complicated and costly conveyors.…
Read MoreBASF sells mining flocculants division to Solenis
Global specialty chemicals group Solenis has been confirmed to be the buyer of BASF’s flocculants business for mining applications, part of the latter company’s push to focus only on core strategic business areas and optimize its portfolio. The transaction is currently pending approval but is expected to close in the second half of 2024. The parties have agreed not to…
Read MoreMINExpo: Explore the Floor
Discovering drone-powered solutions that give you better data. Sitting in the driver’s seat of the newest excavators. Seeing automation solutions that you didn’t know existed. That’s what you can be doing in just a few months at MINExpo INTERNATIONAL. Get a sneak peek at what’s in store now.
Read MoreBHP, Vale make deal over Fundão Dam failure
BHP has confirmed a settlement agreement with Vale regarding group action proceedings in the UK in respect of the Fundão Dam failure in Brazil. The miner said it and its UK arm were defendants to a group action claim in the English High Court, which was brought by over 600,000 claimants seeking damages in relation to the 2015 Fundão Dam…
Read MoreDuPont talks new Tyvek vision
DuPont has announced the kick off of its new Tyvek Forward Together effort, which it said will drive personal protective equipment (PPE) innovation and sustainability. The company said “Innovation through collaboration” is the driving force behind the vision of the initiative, and that it will boost its partnerships with existing and new customers to propel that innovation and sustainability mission.…
Read MoreSibanye-Stillwater hit by cyberattack
Precious metals producer Sibanye-Stillwater said that a cyberattack on its IT system has brought down its server and caused limited disruption to its global operations, reported Reuters, noting that Sibanye has hired external experts to help identify the breach and bring the system back up. “Our global IT infrastructure [has been] impacted since [July 8], some things are working some…
Read MoreAnglo American takes next step toward coal divestment
Anglo American has reportedly hired Goldman Sachs, Morgan Stanley and Centerview Partners – all previously brokers to the company – for the sale of its steelmaking coal assets, which analysts value at as much as $5 billion, reported Reuters. In May, the miner’s CEO Duncan Wanblad said that it would soon sell off its five operating coal mines, development projects…
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