Athabasca Minerals Inc. announced the corporation’s second quarter financial results for the period ending June 30, 2016.
Read MoreDay: August 25, 2016
This Week’s Market Buzz
The Winona County, Minn., board of commissioners voted to hold a public hearing Oct. 13 on a compromise ordinance forwarded by the county planning commission. The planning commission proposal does not call for a ban on industrial sand production in the county, as called for in the proposal presented to them for consideration. Instead, it limits the number of industrial…
Read MoreSelect Sands Acquires Arkansas Plant from Tutle
Select Sands Corp. has entered into an asset purchase agreement (APA) whereby the company will buy certain assets of Tutle Holdings. The assets to be acquired include a permitted and producing wet processing plant, equipment and related assets, all near its Sandtown silica sands deposit in Arkansas.
Read MoreHi-Crush Acquires Blair Facility
Hi-Crush Partners has entered into a contribution agreement with Hi-Crush Proppants LLC to acquire Hi-Crush Blair LLC, the entity that owns Proppants’ raw frac sand processing facility located in Blair, Wis.
Read MoreFirst Unit Train of Sand Arrives at BMC’s Oklahoma Facility
Badger Mining Corp.’s (BMC) recently-opened Erick, Okla., transload facility received its first unit train of sand. The shipment adds to product already at the wholly owned and operated site, which primarily serves the Anadarko Basin.
Read MoreGoing Global
Aug. 24, 2016 – According to the latest market report published by Persistence Market Research, the global construction aggregates market is anticipated to witness a year-over-year growth of 6.3 percent in 2016. Increasing activities in infrastructure and renovation sectors are among the key drivers propelling the demand for construction aggregates globally. In addition, the macroeconomic factors such as open-ended industrialization…
Read MoreNatural Resource Partners Touts VantaCore Aggregates Segment
Natural Resource Partners reported net income from continuing operations attributable to the limited partners for the three months ended June 30, 2016, of $47.7 million, or $3.90 per unit, an increase of $13.3 million, from $34.4 million, or $2.82 per unit, a year earlier.
Read MoreFAA Ready for Drone Rule Avalanche
The Department of Transportation’s Federal Aviation Administration (FAA) is bracing for major activity resulting from its first operational rules for routine commercial use of drones. The rule goes into effect Aug. 29. These new regulations work to harness new innovations safely, spur job growth, advance critical scientific research and save lives. More than 3,300 prospective operators are seeking FAA credentials,…
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