EvoQuip held a successful product-demonstration event on Nov. 8, as more than 100 dealers, and new and existing customers made the trip to Cave City, Ky., to see live working demonstrations of the compact crushing and screening range. A customer of Powerscreen Crushing and Screening for five years, Park City Stone was the ideal site to showcase the world-class equipment. Park City…
Read MoreDay: November 29, 2018
New Home Sales Fall in October
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 544,000 units in October after an upwardly revised September report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016. However, on a year-to-date basis, sales are up 2.8 percent from this…
Read MoreHappy 40th Anniversary
Nov. 29, 2018 – I am blogging live this week from South Carolina, where I met with representatives from Polydeck Corp. to talk turkey, industry issues and the company’s 40th anniversary. What began in 1959 in Johannesburg, South Africa, is today a thriving family-owned business with a leading industry image and a unique timeline of growth and revolutionary thinking. Thanks to Dennis Zeiger for…
Read MoreMSHA Reports 15th Fatality of the Year
The Mine Safety and Health Administration (MSHA) reported that on Nov. 3, a 44-year-old shift supervisor with three years of experience was killed when a loaded Caterpillar 785B haul truck ran over her pickup truck at the crusher site.
Read MoreVictory Nickel Signs Option Agreement
In line with its strategy to provide a full suite of import and domestic frac sand products to the northern oil and gas markets, Victory Nickel Inc. announced that its subsidiary Victory Silica Ltd. has entered into an agreement with Short Grass Ranches Ltd. giving the company the option to mine frac sand from one of the owner’s properties.
Read MoreEmerge Looks Forward to 2019
Emerge Energy reported a net loss of $3.9 million, or $(0.12) per diluted unit, for the three months ended Sept. 30, 2018, compared to net income of $5.0 million, or $0.16 per diluted unit for the three months ended Sept. 30, 2017. For the three months ended June 30, 2018, net income was $9.4 million, or $0.30 per diluted unit.
Read MoreSmart Sand Touts Strong Third Quarter
Smart Sand, Inc. reported that third-quarter revenues were $63.1 million, a 16 percent increase compared to second quarter 2018 revenues of $54.4 million.
Read MorePioneer to Close Mine in Brady, Texas
Pioneer Natural Resources Co. said it will save $400,000 per well by closing its frac sand mine in Brady, Texas, and shifting supply to its mines in west Texas, closer to its oil and gas extraction operations, according to San Angelo Live.
Read MoreThis Week’s Market Buzz
• U.S. crude oil fell below $50 a barrel for the first time in more than a year. Oil’s recent slide has shaved more than a third off its price. Crude fell more than 1 percent to as low as $49.41 a barrel. The last time oil closed below $50 was in Oct. 4, 2017. Concerns about oversupply have sent…
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