MINING.COM Staff Writer

Diesel Progress (December 2, 2008) - Mining equipment manufacturer Bucyrus International, Inc., South Milwaukee, Wis., announced that it has completed the acquisition of OKD, Bastro a.s., an engineering services and manufacturing support company located in the Czech Republic. Its primary capabilities will support Bucyrus' initiatives in the region, the company said. The price of the acquisition was not disclosed.

Metso and Nilsen Engineering have signed a purchase agreement regarding Nilsen Engineering’s flash drying technology

Metso Corporation and the European Investment Bank (EIB) have signed a EUR 160 million research and development loan agreement.