Rich Kremer, writing for Wisconsin Public Radio reported that Chippewa County officials think a bankrupt frac sand mining company is in violation of state and county laws because it hasn’t set aside enough money to restore a mine and hasn’t installed required groundwater monitoring wells.
Read MoreDay: December 6, 2019
CARBO Announces Third Quarter 2019 Results
CARBO Ceramics Inc. reported financial results for the third quarter of 2019. Revenues for the third quarter of $43.5 million represent an increase of 1% sequentially, and a decrease of 19% compared to revenue of $53.8 million in the same period of 2018.
Read MoreSelect Sands Signs New Agreement; Will Start Transload Operations
Select Sands Corp. said that its 100% owned subsidiary, Select Sands America Corp., has entered into a three-year supply agreement with a large cap exploration and production company in The Eagle Ford Basin. The contract is for the supply of Select Sands’ 100 mesh product.
Read MoreU.S. Silica Cuts Workforce, Raises Prices
U.S. Silica Holdings, Inc. has cut 230 employees as it grapples with the current challenges in its energy markets.
Read MoreThis Week’s Market Buzz
• U.S. crude futures jumped $2.33, or 4.2%, to settle at $58.43 a barrel at press time after a data report showed a much bigger-than-expected drawdown in oil inventories, ending several consecutive weeks of builds. The federal government’s EIA report revealed that crude inventories fell by 4.9 million barrels, compared to the 700,000 barrels decrease that energy analysts had expected.…
Read MoreJohn Deere Debuts Payload Weighing System for Loaders
John Deere four-wheel-drive L-Series wheel loaders can now be equipped with a factory-installed John Deere Payload Weighing System integrated with Topcon. The payload weighing system, which is designed to increase productivity by maximizing the operator workflow, is available on the 744L, 824L and 844L models. “We know our customers are managing busy work schedules, and looking for opportunities to streamline…
Read MoreDec. 6: National Miners Day
On National Miners Day, America honors the 325,000 men and women who work in nearly 13,000 surface and underground mines across the United States.
Read MoreFall Federal Regulatory Agenda Released
The Trump administration released its updated agenda of pending regulations and ongoing regulatory rollbacks, according to the National Stone, Sand and Gravel Association (NSSGA).
Read MoreDodge Momentum Index Increases in November
The Dodge Momentum Index moved 2.9% higher in November to 155.3 (2000=100) from the revised October reading of 150.9. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The increase in November was the result of a 6.5% increase…
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