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ORICA ACQUIRES STRATA CONTROL SYSTEMS
Orica has entered into an agreement for the acquisition of 100% of Strata Control Systems (SCS). SCS is a leading provider of underground metal support systems to the mining and tunnelling markets in Australia. SCS has three plants in Australia, including two in Sydney and one in Perth
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ORICA APPOINTS NEW CEO FOR MINOVA GROUP
Michael Reich has been appointed to the role of CEO of Minova International, with includes the recent acquisition of USA-based Excel Mining Systems LLC. Sandy Arbuthnot will step aside from the day to day management of the business when this appointment takes effect on 1st February 2008 and will retire at the end of 2008.
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Management changes in Minova following the acquisition of Excel Mining Systems
Following the completion of the Excel acquisition on October 26th 2007, a number of management changes have been announced.
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Minova – The Journey Gathers Pace
Following the acquisition of the group by Orica in December 2006, Minova have released a new 16 page, full colour corporate brochure that sets out its journey into the future.
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Orica Acquires Excel Mining Systems
Orica Limited (“Orica”) today announced that it has signed an agreement with a consortium led by affiliates of Snow Phipps Group, LLC, to acquire all of the Excel Mining Systems LLC (“Excel”) business for approximately US$670 million, subject to closing adjustments.
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Minova RSA Aqcuires Autorock Drills
On 1 August 2007 Minova RSA, the trading name of Stratabolt (Pty) Ltd, an Orica wholly owned company, acquired the business of Autorock Drills from its shareholders, including the founder, Mr Frank Johnson.
Managing Director of Minova RSA, Pete Ferreira, explains that Autorock developed and has successfully introduced small, manually operated roofbolting in-stope rigs to the South African platinum and gold mines. These rigs have been instrumental in the growth of in-stope rockbolting – especially with the use of resin capsules in the hard-rock mines over the past few years. Minova RSA sees strong synergies between the Autorock drilling technology and its range of rockbolting systems, along with the current Minova products, with the increased use of both products supporting each other.
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Minova AG acquires Cocentall
On 1st of May 2007 Minova AF (Birmensdorf, Switzerland), a subsidiary of the Minova CarboTech GmbH at Essen, acquires the production and sales activities of the French bolt manufacturer Cocentall. The contract was signed by both parties on 12th of April 2007 at Birmensdorf.
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New Minova Company in Kazakhstan
Minova is pleased to announce the formation of a Joint Venture company in Kazakhstan under the name TOO Minova Kazakhstan. This follows the successful start of activities in May 2005 through a sales office importing resin capsules from Minova in Russia.
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Minova acquires all shares of Minova Bemek AB and Minova Codiv S.L.
In June and July 2007 respectively the Minova Group acquired all shares of Minova Bemek AB (Sweden) and Minova Codiv S.L. (Spain), which had so far been operated as joint ventures.
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Orica acquires Minova
The final regulatory approval for the Orica take over of Minova International was granted on December 21st and the takeover completed on December 27th December.
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Minova purchases the remaining shares of Geobolt s.r.o.
On March 9 2007 a contract was signed that enabled Minova Holding GmbH Essen to acquire the remaining 49% of the shares previously held by the Czech company Ankra spol. s.r.o.
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Minova Australia lends a hand at Beaconsfield
In light of the successful rescue operation in Beaconsfield, Tasmania where two miners were rescued following an earthquake on April 25th, Minova are extremely proud and delighted to have played a small but integral part in the rescue operation.
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The Minova Guide to Resin Grouted Rockbolts
Minova has published “The Minova Guide to Resin Grouted Rockbolts” – a handbook representing a collation of their extensive global rockbolting knowledge.
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Tekseal installations at Jining No2 mine, Yanzhou, China
Specialised grout technology and proven seal design is widely available through the Minova group for improving safety against mine gas explosions. Ruichy Minova has introduced this technology to the Chinese coal industry and has begun installing Tekseal stoppings and seals.
Tekseal is a high volume output, non-combustible foamed cement grout. It is supplied as a specially blended powder and requires only the addition of water through a suitable placing pump to produce a versatile and durable foamed grout. It is mainly used for installing 20 psi permanent and explosion proof seals in mine roadways.
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Improved roof bolting technology for India
Minova has now started to offer the Super Turbo Bolter to the coal mining industry of India.
During recent trials at Singareni GDK 8a colliery, Matt Leeming from Minova International was able to show the full benefits of the Super Turbo Bolter for rapid drilling and bolting under the difficult Indian conditions.
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