Bandit Industries has hired John Mocny to serve as the company’s chief executive officer. Mocny joined the Bandit team in February 2016, bringing decades of engineering and management experience from previous leadership roles with General Motors and Caterpillar. Mocny holds a Bachelor of Science degree in mechanical engineering from Michigan State University, and a Master of Engineering Science and Management degree from the prestigious…
Read MoreDay: June 30, 2016
This Week’s Market Buzz
Oil is hovering at about $50 per barrel, down slightly on concern about the economic outlook following Britain’s vote to leave the European Union. OPEC’s oil output has risen in June to its highest in recent history. Nigeria’s oil industry has partially recovered from militant attacks and Iran and Gulf members are now boosting supplies. Returning Nigerian supply will put…
Read MoreFederal Judge Strikes Down Hydraulic Fracturing Regulations
A federal judge in Wyoming has struck down the Obama administration’s regulations on hydraulic fracturing, ruling that the U.S. Bureau of Land Management doesn’t have the authority to establish rules over fracking on federal and Indian lands, according to National Public Radio.
Read MoreAthabasca Sells Three Leases
Athabasca Minerals Inc. announced the closing of the sale of Athabasca’s rights, title and interests surrounding three leases bordering the Obed Transloading Facility to Wayfinder Corp. for a purchase price of $800,000 Canadian.
Read MoreHi-Crush Receives Safety Award
Hi-Crush Partners LP announced that it recently received a safety award for its exemplary safety record at its Augusta mine and processing facility. Hi-Crush was recognized at the Industrial Minerals Association – North America (IMA-NA) Annual Safety Recognition Awards Luncheon.
Read MoreNew Industrial Sand Plant Approved
More jobs are coming to Richmond County, N.C., after a Wisconsin-based company chose to expand its operations. Construction has already begun on a new facility for North Carolina Industrial Sand LLC, a wholly owned subsidiary of Red Flint Group, according to the Richmond County Daily Journal.
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