Motion Industries Inc. has signed a definitive purchase agreement to acquire the operating assets of Perfetto Manufacturing and SER Hydraulics. Subject to customary closing conditions, the transaction is expected to be finalized at the end of February. The affiliated organizations are well-established, with Perfetto in business since 1986 and SER Hydraulics since 1978. Located in Sudbury, Ontario, Canada, each has…
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The UK government is inviting experts and academics alike to be a part of a newly formed environmental science network to investigate the impact of deep-sea mining. The group will be UK-based and will be tasked with gathering scientific data and carrying out research to assess the impacts. It will also work alongside the UK’s decision to support a moratorium…
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Global chemical company BASF and geophysical services company hydroGEOPHYSICS (HGI) have announced a strategic partnership aimed at combining expertise in mineral processing, hydrometallurgy, and deep well injection to optimize copper extraction. The collaboration will utilize HGI’s geophysical techniques to identify areas within the heap that currently offer poor recovery and will involve the design and implementation of a deep well…
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Women in Mining UK has opened nominations for the sixth edition of its “100 Global Inspirational Women in Mining” (WIM100), sponsored by BMO Capital Markets, Heidrick & Struggles and BCG. “We started the WIM100 just over a decade ago, and since then have seen countless incredible and inspiring women be celebrated for their achievements in the mining sector. However, we…
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Multotec said February 8 that it recently attained ISO 45001:2017 and ISO 14001:2015 certifications for Occupational Health and Safety management systems and Environmental management systems, respectively. The company obtained the certifications following a rigorous three-year process, reflecting its continuous pursuit of excellence in occupational health and safety and environmental stewardship. Safety, Health, Environment and Quality manager Denise de Beer said…
Read MoreCaterpillar ThoroughTec Simulation has confirmed the renewal of their global cooperation agreement, reinforcing their commitment of over two decades to advancing the field of equipment operator training through cutting-edge simulation technology. Caterpillar Mining’s recommendation of ThoroughTec Simulation as its approved supplier of equipment simulator products empowers Caterpillar customers with state-of-the-art simulators and other training products and services, delivering a comprehensive…
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Caterpillar Inc. announced fourth-quarter and full-year results for 2023. Sales and revenues for the fourth quarter of 2023 were $17.1 billion, a 3% increase compared with $16.6 billion in the fourth quarter of 2022. Operating profit margin was 18.4% for the fourth quarter of 2023, compared with 10.1% for the fourth quarter of 2022. Adjusted operating profit margin was 18.9%…
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Eriez announced the inauguration of its cutting-edge Research and Development hub, Eriez at sbarc, located at Cardiff University in Wales. This strategic partnership with Cardiff Innovations underscores its dedication to fostering innovation and expanding its Research and Development initiatives. Eriez’ Wales-based R&D team now operate primarily from this new, state-of-the-art facility. Eriez’ history of working with Cardiff University began when…
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Sandvik has completed its acquisition of German-based pro-micron, a supplier of sensorised tools and automation software. pro-micron’s offering for diagnostics and process monitoring help reduce production errors and increase automation for customers within areas like solid round tools machining. The company will be reported in Sandvik Coromant, a division within Sandvik Manufacturing and Machining Solutions. Founded in 2002, pro-micron has…
Read MoreTo support its long-term growth ambitions, FLSmidth has announced a business line for pumps, cyclones and valves (PCV) that will be led by Pat Turner, former North American Region president. “While our PCV business has delivered strong growth in recent years, it still holds significant untapped potential,” said Group CEO Mikko Keto, noting that PCV is a key strategic focus…
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