The new Omicron variant of COVID-19 could cost the global oil market as much as 2.9 million barrels per day (bpd) of demand in the first quarter of 2022, bringing total expected demand down from 98.6 million bpd to 95.7 million bpd, if it triggers more lockdowns or restrictions, Rystad Energy projects.
Read MoreDay: December 10, 2021
Athabasca Acquires Sand Plant, Storage, Transloads
Athabasca Minerals Inc. entered into a definitive agreement for the acquisition of strategic sand assets located in the United States from an “independent, arms-length vendor,” according to the company. In support of the strategic acquisition, JMAC Resources Limited has agreed to purchase 7,375,000 AMI common shares at a price of $0.20 per share for gross proceeds of C$1,475,000 in a…
Read MoreEich Promoted to President, Chief Executive Officer at Covia
Covia announced that Andrew Eich has been promoted to president and chief executive officer, effective Jan. 1, 2022. In addition, Eich will also join the board of managers of Covia.
Read MoreBadger Mining Corp., TranSand Announce Expanded Partnership
Badger Mining Corp. (BMC) announced a new partnership with TranSand Inc. This exclusive partnership in Fort St John will bring a significant increase in frac sand transloading capacity to the region.
Read MoreThis Week’s Market Buzz
Brent crude futures were up 99 cents, or 1.3%, at $75.41 a barrel at press time, while U.S. West Texas Intermediate (WTI) crude futures rose $1.08, or 1.5%, to $72.02.
Read MoreCDE Recruiting Business Development Managers
CDE, one of the leading suppliers of sand and aggregate processing solutions for the global recycling, quarrying and mining industries, is set to strengthen its team in North America as it seeks to recruit a number of business development managers.
Read MoreKleemann PRO Plant Train Impresses in Granite Quarry
In Schlag, Germany, in the Bavarian Forest, Berger Rohstoffe GmbH has been operating a granite quarry since 2020. This granite is crushed to road stone and grit in different fractions. The company was already working with a Kleemann plant train in a similarly structured quarry in the neighboring Czech Republic. Due to this positive experience, a decision was also made…
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