WesTrac’s Chinese division will be sold to Lei Shing Hong Machinery for $540 million after parent company, Seven Group (SGH), secured a deal with the buyer.
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Queensland to host first full-scale production trial of driverless dozers in Australia
An Australian first production trial aiming to increase mine efficiency and worker safety and longevity will kick off in Queensland next month thanks to a unique partnership between Wolff Group, Hastings Deering and Caterpillar.
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Emeco completes recapitalisation, mergers
Mining equipment rental company Emeco has completed a recapitalisation and three-way merger with Orionstone and Andy’s Earthmovers.
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Mining industry shows signs of life, sales still remain weak: Caterpillar
Caterpillar has detected signs of improvement in the mining industry, however sales are yet to follow suit.
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Sandvik and Downer join forces on service solutions for mining materials handling projects
Sandvik Mining Systems is partnering with Downer EDI Limited (Downer) to offer high-level field service and maintenance solutions.
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Australian manufacturers collaborate for underground mine solutions
An evolving collaboration between two Australian companies has seen the development of a range of patented technologies.
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Production shifts for Atlas Copco in Sweden
Mining equipment manufacturing group Atlas Copco has announced plans to close two production facilities in Sweden.
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Gina Rinehart’s Roy Hill project gains boost from US government agency
Gina Rinehart’s Roy Hill iron ore project has received backing to the tune of $784 million from a US government agency on the condition it purchases U.S. mining and rail equipment from Caterpillar, GE, and Atlas Copco.
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Gold downturn leads to higher crime rates
Western Australia’s Gold Stealing Detection Unit says the recent downturn in the resources sector has led to an increase in the theft of mining equipment.
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Founder returns to ownership at Mining Equipment Maintenance
Mining Equipment Maintenance is looking to the future, after its founding member, Paul Waardyk, has returned to ownership.
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Labor promises $16m mining industry partnership
Brisbane would be the base for a $16 million mining industry innovation partnership if Labor wins the federal election on September 7.
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1000 job cuts helps Bradken stay afloat
Mining equipment manufacturer Bradken cut 1000 jobs to weather the mining downturn and it looks like it has worked.
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Emeco uneasy after Mt Muro put in maintenance
Mining equipment supplier Emeco Holdings announced its Indonesian division will be in loss making following Straits Resources’ revelation it is placing its Mount Muro mine into care and maintenance.
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Choppy seas prevent mining equipment move
Rough seas in Coffs Harbour prevented the move of mining equipment to Western Australia last weekend.
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$1 million worth of mining equipment stolen
More than $1 million worth of mining equipment has reportedly been stolen from a storage facility in Rutherford, NSW.
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Emeco CEO stepping down
Mining equipment hire and rental company Emeco has announced its managing director and CEO Keith Gordon will step down from his role later this year.
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Weak mining sector makes Caterpillar cut 2013 profit forecast
Caterpillar, the world's largest maker of mining and construction equipment, has cut its 2013 profit forecast.
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AIMEX returns to Sydney in August
Asia-Pacific’s International Mining Exhibition – AIMEX, is returning to Sydney in late August, showcasing the latest mining equipment, products and services.
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New mining manufacturer brings $150m to Newcastle
Valley Longwall International have opened a new service centre in Newcastle which will contribute an estimated to $150m to the local economy.
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Buying used heavy machinery: 4 professional tips
Ahead of this week’s Ritchie Bros opening used heavy equipment auction in Melbourne, Ferret took some time out to talk to the company’s regional sales manager Finlay Massey about what to look out for when buying used machinery.
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