FIRST LOOK – DECEMBER 2017

Martin Marietta Dips in Third Quarter Third-quarter 2017 total revenues for the Building Materials business, which includes the aggregates, cement, ready mixed concrete, and asphalt and paving product lines, were $1.024 billion, down slightly from $1.039 billion. Summit Materials Rises in Third Quarter Organic aggregates sales volumes increased 2.6 percent in the third quarter 2017, due mainly to increased demand in north…

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Atlas Copco Acquires Drilling Equipment Distributor

Atlas Copco reached an agreement to acquire the assets of Salt Lake City-based Cate Drilling Solutions LLC, a company that distributes and services Atlas Copco drilling equipment and components.The acquisition is expected to be completed in the first quarter 2018.  Cate Drilling Solutions is active in the states of Utah, Nevada, Wyoming and Idaho. The company is an Atlas Copco…

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Barford Equipment To Launch Two New Track-Mounted Screeners

Barford Equipment, the U.K-based manufacturer of mobile screeners, trailers, screen boxes as well as wheeled and tracked conveyors, is poised to enter the U.S. market in 2018 with the launch of the SR124 and the S104, two new track-mounted screeners. Barford Equipment is using Yoder & Frey auctioneers to prelude both of the new mobile screeners to the U.S. market…

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Natural Resource Partners Aggregates Business Up

Natural Resource Partners L.P. (NRP) reported third quarter 2017 net income of $26.1 million and net income attributable to the common unitholders and general partner of $18.4 million, which equated to $1.48 and $1.07 basic and diluted net income per common unit, respectively. NRP also generated Adjusted EBITDA of $58.1 million.

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Mining Executives Testify on Importance of Domestic Minerals

In testimony before House and Senate natural resources committees, National Mining Association (NMA) General Counsel Katie Sweeney and Hecla Mining Co. Vice President of External Affairs Luke Russell reminded members of Congress that domestic metals and minerals are not only the front-end of the supply chain for countless industries but are also vital to the success of rebuilding American infrastructure.

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