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MDU Resources Construction Materials Business Dips in 2018

MDU Resources Group Inc. reported 2018 earnings from continuing operations of $269.4 million, or $1.38 per share, compared to 2017 earnings from continuing operations of $284.2 million, or $1.45 per share. 

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MSHA Reports Second Fatality of Year

The Mine Safety and Health Administration (MSHA) reported that on Monday, Jan. 14, a 56-year-old survey crew member with approximately 30 years of mining experience was fatally injured after he was struck by a loaded shuttle car. The victim was measuring the mining height in an entry that was part of the travelway used by the shuttle car to access the section feeder.  

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Materials and Services Prices Accelerated in 2018

After a year marked by numerous price spikes, construction costs declined in December but remained elevated compared to year-earlier prices, while prices of new buildings also moved higher, according to an analysis by the Associated General Contractors of America of new Labor Department data.

Read more: Materials and Services Prices Accelerated in 2018