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New Sand Transloading Facility Opens in Canada

Evergreen Transloading and Superior Silica Sands LLC announced the opening of a new Mega Centre sand transloading facility in Sexsmith, Alberta, Canada. The Sexsmith Mega Centre will serve the strong demand for high quality, Northern White silica sand as proppant for the oil and gas industry in the Western Canadian Sedimentary Basin.

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Speakers Wanted for Frac Sand Insider Conference

The event will give manufacturers and consultants an opportunity to meet directly with decision-makers from producers throughout North America. We are looking to fill our conference sessions with enlightened speakers who are aware of all the current issues and topics involving frac sand.

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U.S. Silica Holdings Announces First Quarter Results

U.S. Silica Holdings, Inc. announced net income of $18.4 million or $0.34 per basic and diluted share for the first quarter ended March 31, 2014, compared with net income of $17.3 million or $0.33 per basic share and $0.32 per diluted share for the first quarter of 2013. Earnings per share in the quarter were negatively impacted by $1.8 million or $0.03 per basic share for additional M&A and business development expense. Excluding this expense, net income for the first quarter ended March 31, 2014, was $19.7 million or $0.37 per basic and diluted share.

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Minnesota Governor Won’t Issue Frac Sand Moratorium

Minnesota Gov. Mark Dayton received more than 6,000 petition signatures asking him to issue a frac sand moratorium in that state. But Dayton said he can’t personally block the frac sand industry from expanding in southeastern Minnesota, rebuffing a group of mining opponents that delivered a moratorium petition as part of an Earth Day rally at the capitol.

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Hi-Crush Completes Acquisition

Hi-Crush Partners LP announced the successful completion of its previously announced acquisition of certain equity interests in Hi-Crush Augusta LLC, the entity that owns a raw frac sand processing facility located in Augusta, Wis., for cash consideration of $224.25 million.

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