Select Sands Corp. updated its ongoing drill program on its Sandtown Frac Sand property in northeast Arkansas. The property is underlain by the Ordovician St. Peter sandstone formation, which is the source of ‘Ottawa White’ frac sand selling into the major U.S. oil and gas plays.
Read MoreMonth: January 2015
Carbo Looks Ahead to Market Success
Carbo Ceramics Inc. reported adjusted net income of $16.1 million, or $0.70 per share, excluding certain asset write-downs and other adjustments of $15.7 million, or $0.68 per share, on revenues of $167.8 million for the quarter ended Dec. 31, 2014. Reported net income for the fourth quarter of 2014 was $0.4 million, or $0.02 per diluted share.
Read MoreBrilliant Sands Initiates Exploration Program
Brilliant Sands Inc. (BSI), formerly Consolidated Goldfields Corp., has initiated a comprehensive exploration program at its McClelland Lake frac sand project in Alberta, Canada. The company considers McClelland its highest priority and most advanced project within the frac sand portfolio that was recently acquired from 1824455 Alberta Ltd.
Read MorePreferred Sands Canada’s Hanson Lake Facility Sold
Gordon Brothers Group and Hilco Industrial, a unit of Hilco Global, announced that they have acquired the assets of Preferred Sands Canada’s Hanson Lake facility in Saskatoon, Canada, in a joint venture.
Read MoreThis Week’s Market Buzz
Canadian National Railway Co. reported better-than-expected fourth-quarter earnings and boosted its dividend, but lagged its main Canadian rival in a key efficiency measure. CN Rail said it is aiming to increase shipments of crude oil and frac sand in 2015 despite a steep decline in the price of oil. “There’s a lot of investments that are being made by our customers…
Read MoreSenate Committee Gets Serious About Infrastructure
The Senate Environment and Public Works Committee officially kicked off its transportation reauthorization efforts Jan. 28 with a hearing featuring panels consisting of Transportation Secretary Anthony Foxx and the governors of Alabama and Vermont, as well as the South Dakota Secretary of Transportation, according to the National Stone, Sand and Gravel Association (NSSGA).
Read MoreUSGS Index Supports Industry Growth
The nonmetallic mineral products industry leading index increased 0.3 percent to 240 in December from 239.5 in November, according to the latest report from the U.S. Geological Survey (USGS). However, its 6-month smoothed growth rate remained at the 2.2 percent growth rate of November.
Read MoreNSSGA Names Annual Gold Award Winners; Platinum Qualifiers
The National Stone, Sand and Gravel Association (NSSGA) recognized aggregates operations in the United States and Canada with an extraordinary commitment to safety, superior environmental stewardship and community involvement in 2013-2014. The underlying goal of these recognitions is to spur innovation and encourage continual quarry improvements, according to the association.
Read MorePhilippi-Hagenbuch Charitable Program a Success
Last year, Philippi-Hagenbuch Inc. (PHIL) undertook a unique philanthropic campaign to both give back to its community while also increasing support and awareness from its customers and dealers towards Breast Cancer prevention and research through a partnership with the Susan G. Komen Memorial. Through the unique agreement, PHIL began offering two unique versions of its Autogate Tailgate through its PHILanthropy program. With…
Read MoreAlden Promoted to KPI-JCI Product Manager
KPI-JCI and Astec Mobile Screens has promoted Nick Alden to product manager at Johnson Crushers International, its Oregon manufacturing facility. Alden, who has worked as a design engineer for mobile and portable equipment for the past seven years, will transition into his new position once his current projects are complete. Prior to working for the company, Alden served as project manager…
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