THE AUSTRALIAN Industry Group says mine vehicle manufacturers’ stable growth over the past period was due to unprecedented economic growth, however the downturn is exposing structural weaknesses which has been around for years.
06/03/2009
RUSSELL Mineral Equipment (RME) says it is working with the Queensland State Government to ensure its business succeeds despite economic downturn.
16/03/2009
CATERPILLAR has announced a first-quarter loss of $112m due to decreased sales and redundancy costs related to reducing employment.
22/04/2009
PRESIDENT Barack Obama has visited a Caterpillar manufacturing complex in East Peoria, Illinois.
16/02/2009
CATERPILLAR'S CEO James Owens says that while stimulus spending in China is already boosting US companies, benefits from the $787b US stimulus package probably won't be seen until 2010.
28/04/2009
LEIGHTON Holdings has maintained its full-year profit forecasts and remains optimistic for its mining prospects despite volatile market conditions.
07/11/2008
CATERPILLAR has cut about 50 contractors working at its factory at Burnie, Tasmania.
25/02/2009
KOMATSU says it expects global sales of excavators and other earthmovers to fall 20% in the fiscal year from April 2009.
20/03/2009
SANDVIK has reported that overall demand remained very weak but had still developed better than feared over the past couple of months.
04/09/2009
IN 2008, Caterpillar was navigating relatively well through the US recession, thanks to its growth in international markets and the boost that strong commodity prices gave the energy and mining sectors in emerging economies.
09/06/2009
WESTERN Australia is seeing prices of mine vehicles and other industrial equipment plummet.
27/02/2009
THE GENERAL consensus at the Asia Mining Congress held at Singapore in March 2009 was that mining service companies are beginning to see a recovery.
25/03/2009
INNOVATION and collaboration are the catch cry as government, industry and research leaders from the resource sectors meet for the Mining Innovation: “Mine of the Future” Forum in Brisbane which was held on 28 May 2009.
28/05/2009
CATERPILLAR’s heavy machinery dealers have slashed orders to minimise oversupply following a sharp decline in demand for mining equipment.
28/01/2009
CATERPILLAR will slash 20,000 jobs from its global workforce following record declines to its profit margins.
27/01/2009
THE NATIONAL Industry Skills Council, SkillsDMC says despite the global financial crisis, an ageing workforce will have a significant impact on the workforce in the resources industry over the next five years.
21/04/2009