JOHANNESBURG, South Africa (4 June 2015)—2014 was expected to be a tough fight for the global mining industry with commodity prices down and short-term volatility increasing. The initial scorecard for the largest 40 miners was mixed and now the gloves are off for the industry with widespread government intervention, internal industry conflicts and rising shareholder activism, according to PwC’s annual Mine report.

MIAMI (June 4, 2015) – On June 3, 2015, Sulzer acquired the business of Precision Gas Turbine Inc. Through this acquisition, Sulzer will further develop its current capabilities for field services for European manufactured gas turbines. In 2014, Precision Gas Turbine Inc. achieved revenues in a single-digit million US dollar range. The integration of the company will start immediately after closing.