Athabasca Minerals Inc. announced results for the second-quarter ending June 30, and a strategic refocusing as part of the new emphasis on its core business and initiatives. In the second quarter of 2022, Athabasca reported consolidated revenue of $7.5 million (compared to $3.2 million in the second quarter of 2021), a gain of 127%, driven mainly by increasing market demand for industrial…
Read MoreDay: August 29, 2022
Mineral Commodity Summaries
Snapshots Of The Crushed Stone, Sand And Gravel, Industrial Sand, Cement, Gypsum And Lime Markets The U.S. Geological Survey (USGS) estimates 2021 total aggregates production at approximately 2.5 billion metric tons per year (Gt), a 5% increase over 2020. In its Mineral Commodity Summaries 2022 report, the agency reports Crushed Stone, Sand and Gravel, Cement, Industrial Sand, Gypsum and Lime…
Read MoreAggregates Production
The Estimated Production-For-Consumption Of Construction Aggregates In The First Quarter Of 2022 Increased In Four Of The Nine Geographic Divisions. The estimated U.S. output of construction aggregates produced and shipped for consumption in the first quarter of 2022 was 476 million metric tons (Mt), an increase of 4.1% compared with that of the same period of 2021, according to Jason…
Read MoreHow The Housing Slowdown Affects GDP
Look, there is no sugar-coating this, the housing market is really slowing down because of the action the Fed is taking to tame inflation. Interest rates are on the rise, and that has served to tamp down a tremendously overheated housing market that was starting to look eerily similar to the tulip mania craze of the 1600s in Holland, when…
Read MoreWelcome to The Aggregates Almanac
Welcome to the 2022 edition of the “Aggregates Almanac: The Ultimate Information Resource for Quarry Operators.” Published now for the sixth year in a row, feedback from our readers indicates that this publication is widely used and valued; and retained as a go-to information source. Rock Products’ Benchmark 2022 survey indicated that aggregates operators are highly interested in: Equipment upgrades.…
Read MoreFirst Look – September 2022
TOP NEWS MSHA Assistant Secretary Tours First Aggregates QuarryThe National Stone, Sand & Gravel Association (NSSGA) organized a day-long tour for the Mine Safety & Health Administration’s (MSHA) Assistant Secretary Chris Williamson along with seven other Department of Labor/MSHA staff at Luck Stone’s Bull Run facility in Virginia. Holcim Acquires Virginia Aggregates ProducerHolcim US announced it has acquired the sand…
Read MoreColumbia Steel to Cease Operations
Aug. 29, 2022 – Sad day in the aggregates industry. Longtime industry wear-parts manufacturer Columbia Steel Casting Co. – with a 121-year history – told state regulators in Oregon that it plans to shut down operations at its North Portland foundry and lay off most of its workforce, according to Oregon Live. Company contacts told Rock Products that “Columbia Steel’s board of directors…
Read MoreGulf Coast Sand Acquires Shale Support Assets
Gulf Coast Sand (GCS), a privately-owned and independent producer and supplier for specialized sands, blended sands, abrasives, and gravel, announced the acquisition of assets originating from Shale Support, LLC. With this move, GCS establishes itself as the largest independent, privately-owned aggregate company along the Gulf Coast and boasts more than 900 mineable acres of aggregate reserves, the company stated. Additionally,…
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