Covia Corp Continues Restructuring of Energy Segment, Idles Capacity

Covia Corp of Independence, OH, has announced a fourth quarter 2019 net loss from continuing operations of US$1.26 billion on revenues of US$313.3 million compared with a net loss of US$48.1 million on revenues of US$441.3 million in the fourth quarter of 2018. For all of 2019, the company reported a net loss of US$1.30...

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Victory Silica Executes Frac Sand Agreement

Victory Nickel Inc of Toronto, ON has announced that its subsidiary, Victory Silica, has executed an agreement with Short Grass Ranches Ltd of Medicine Hat, AB giving the company the ability to mine frac sand from one of the owner’s properties. The initial term of the option is for five years with the ability to...

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Ferroglobe Squeezed by Lower Volume, Prices

Ferroglobe plc of London, England has announced a fourth quarter 2019 net loss of US$75.7 million on revenue of US$364.4 million compared with a net loss of US$74.2 million on sales of US$591.1 million in the same period of 2018. For all of 2019, the company reported a net loss of US$288.1 million on sales...

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AMI Secures Anchor Buyer for Duvernay Sand

Athabasca Minerals Inc (AMI) of Edmonton, AB is pleased to announce that its wholly owned subsidairy, AMI Silica Inc, has secured an anchor offtake agreement with Shell Energy Canada for its Duvernay frac sand project. AMI believes that the agreement will serve as a catalyst to the company’s growth program to supply local premium domestic...

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U.S. Silica Promotes Brad Casper to President

U.S. Silica Holdings Inc of Frederick, MD has announced the promotion of Brad Casper to the role of President as part of the Company’s long-term succession planning, with Bryan Shinn continuing as U.S. Silica’s CEO and a member of the Board of Directors....

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