The June 8 award to Jacobs Engineering of an engineer-procure-construct contract for the $5.3-billion next phase of the giant Oyo Togoi underground copper-and-gold mine in Mongolia gave industry-sector investors and analysts some hope that the sluggish mining sector might be rallying.
The owner of a specialty infield-dirt supplier for the Houston Astros, Atlanta Braves and other baseball and softball fields needed a custom pug mill to insure a consistent product.
As oil-and-gas markets struggle to recover, publicly owned construction industry firms with ties to the sector tried to paint the best possible outlook for investors at a June 2 conference, held in New York City by investment firm Credit Suisse.
The Saudi government has awarded Bechtel a five-year contract extension for project management services at the giant Jubail and Ras Al Khair industrial cities, the company announced on June 6.
The world’s number two cement maker is making steady strides in closing a €3.7 billion deal in a consolidating building materials market. It’s also doing some interesting tinkering in the Caucasus and West Bank.
HeidelbergCement is turning its eyes to Washington in anticipation of an antitrust ruling, perhaps in as soon as two weeks, which is the German-based building materials giant’s next big hurdle in its ongoing effort to acquire Italcementi.