Eagle Materials Inc. reported financial results for the third quarter of fiscal 2022 ended Dec. 31, 2021. The company is reporting: Revenue of $463 million, up 14%. Record diluted EPS from continuing operations of $2.53, up 30%. Repurchased 1.2 million shares of Eagle’s common stock for $188 million. Revenue in the Heavy Materials sector, which includes Cement, Concrete and Aggregates,…
Read MoreDay: January 27, 2022
George and Helma Webber
Missouri S&T alumni George and Helma Webber, who founded Webber & Webber Mining Consultants, have established the George and Helma Webber Scholarship for Mining Engineers at Missouri S&T. In addition to their consultancy, they continue to operate the Sigma Clay Mine in San Bernardino County, Calif., which produces asbestos-free clay for landfill use. “I suspect few mining engineering students ever dream of owning…
Read MoreForce Control Industries Offers MagnaShear Motor Brakes for Conveyors
MagnaShear motor brakes from Force Control Industries, which provide a secure, no-maintenance, no-adjustment, holding brake solution for mining conveyor applications, are ideal for when the motor is stopped, or reversed each cycle such as loaders/unloaders, conveyors, rail car spotters and dumpers, overland and internal tripper cars, rotary coal sweep samplers and more.
Read More