January Construction Starts Slip 2 Percent

The value of new construction starts in January receded 2 percent to a seasonally adjusted annual rate of $725.9 billion, easing slightly after December’s 13 percent hike, according to Dodge Data & Analytics. The nonbuilding construction sector, comprised of public works and electric utilities/gas plants, pulled back 18 percent after surging 45 percent in December, as that month was boosted…

Read More

U.S. Silica Holdings 2017 Revenue Up 122 Percent

U.S. Silica Holdings Inc. fourth-quarter revenue totaled $360.6 million compared with $182.4 million for the same period last year, an increase of 98 percent on a year-over-year basis, and an increase of 5 percent sequentially over the third quarter of 2017. Overall tons sold totaled 4.022 million, up 40 percent compared to 2.872 million tons sold in the fourth quarter…

Read More

Industrial Sand Production Rose 33 Percent in 2017

In 2017, U.S. apparent consumption of industrial sand and gravel was 100 million tons, a 33 percent increase from the previous year, owing primarily to increased activity in the oil and gas sector. Production – valued at about $3.5 billion – was produced by about 200 companies from 340 operations in 35 States, according to USGS Mineral Commodity Specialist Thomas…

Read More

This Week’s Market Buzz

Select Sands Corp. announced as part of its plans to improve logistics and create better efficiencies, the company has completed a new private road to gain direct access to a recently rebuilt Federal Highway from its producing Sandtown Quarry in Arkansas. Zig Vitols, president and CEO of Selects Sands said, “We continue to see strong demand for our Northern White…

Read More

FOCUS ON HEALTH SAFETY – MARCH 2018

MSHA Chief Outlines Priorities to Congress Mine Safety and Health Administration (MSHA) Administrator David Zatezalo outlined priorities for the agency during a hearing of the House Subcommittee on Workforce Protections on Feb. 6. David Zatezalo Zatezalo addressed inconsistencies among MSHA inspectors when questioned by Rep. Virginia Foxx (R-N.C.), chairwoman of the House Committee on Education and the Workforce. Zatezalo said…

Read More
1 2 3 4 12