This article looks at the inherent deficiencies of the valuation process, in which circular logic frequently allows minor errors to be compounded, cemented as fact, and amplified, often without the benefit of context. It also provides an example of how one erroneously high comp resulted in the bankruptcy or foreclosure of a number of producers, as well as how one of our clients got ensnared in this web of suspect appraisals.

Not long ago, plant automation was a novelty, a technology of the future with a price tag to match. Today plant automation and Intelligent Dredging moves the excavation process in the same direction as the plant process—reducing cost, raising efficiency, increasing reserve recovery, improving operator conditions, and optimizing the entire system from excavation to plant feed.

The construction materials industry might have proved its mettle in 2020, but it proved its might in 2021, notching success after success in a year unlike any other. Building on the momentum established in Q4-2020, the industry began the year with widespread optimism and a belief that organic growth would continue. That certainly proved to be the case, and all signs point toward continued growth and a strong sellers market in 2022.

Yet another transaction involving Martin Marietta has been completed, with the company’s $2.3B acquisition of Lehigh-Hanson’s west division closing this month. The transaction continues an acquisition-forward trend for Martin Marietta, who began 2021 with a positive outlook and a stated intent to use acquisitions to expand into new markets and strengthen its positions in existing markets. This article looks at has Marin Marietta has executed its strategy, to price of this transitional growth, and impact of its bolt-on program as it focuses on reducing leverage.

When most people think of green, they think of energy…renewable resources replacing fossil fuels. The common points of the green energy discussion include renewable energy like wind, water, solar, and (gasp) even nuclear. However, these alternatives aren't always available, and many mines are forced to rely on good old-fashioned diesel fuel. So how can a producer be green while burning diesel? This article looks at how efficiency can dramatically reduce operating costs while also achieving green results.