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U.S. Silica Revenues Down in Third Quarter

U.S. Silica Holdings Inc. announced net income of $2.4 million or $0.05 per basic share and $0.04 per diluted share for the third quarter ended Sept. 30, 2015, compared with net income of $41.3 million or $0.77 per basic share and $0.76 per diluted share for the third quarter of 2014.

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Hi-Crush Partners Increases Sales Volumes

Hi-Crush Partners LP reported third quarter 2015 results. The limited partners' interest in adjusted net income, adjusted to exclude the impact of one-time expenses, was $5.6 million and the basic and diluted adjusted earnings were $0.15 per limited partner unit. The basic and diluted loss per unit during the quarter was negatively impacted by $23.7 million of one-time expenses associated with the write-down of assets acquired from D&I Silica, LLC in June 2013, as well as the costs associated with reducing headcount.

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New Frac Sand Operation Opens in Texas

Permian Frac Sand has opened a location three miles east of Voca, Texas, on State Highway 71. Operations at the new state-of-the-art facility have just begun, according to the Midland Reporter Telegram.

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New Study Addresses Impact of Frac Sand Mining on Roads

A new Policy Study from The Heartland Institute addresses the potential impacts of frac sand mining on public roadways. The study provides an overview of successful methods used to minimize potential damage to roadways while maximizing the benefits of industrial sand mining to the community.

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