Caterpillar to axe 10,000 jobs
As part of an extensive cost-cutting program, machinery and manufacturing giant Caterpillar will be terminating 10,000 jobs.
The company said that its full year sales...
SA Iron Road inks deal with Chinese investment consortium
South Australian junior miner Iron Road has inked Memorandums of Understanding (MoUs) with five Chinese steel companies, including with Shandong Iron & Steel Group...
Watpac wins nearly $90m in contracts
National construction, property development, and civil and mining services company Watpac Limited has been awarded an $80 million contract by Chinese-owned Hanking Gold to...
Valence Industries names new Chief Operating Officer
Valence Industries has announced the appointment of Robert Mencel to the position of Chief Operating Officer (COO).
Mr Mencel, who joined Valence on 17 August...
South32 coal miners go on strike after job security talks collapse
Workers at South32’s Dendrobium coal mine in the Illawarra have begun a week-long strike after negotiations over a new Enterprise Agreement broke down last...
Glencore’s Optimum Coal begins business rescue proceedings
Glencore has commenced business rescue proceeding for subsidiaries Optimum Coal Holdings and Optimum Coal Mine due to “continued and unsustainable financial hardship” brought about...
Newmont sells stake in Swiss gold refinery for US$119m
Leading gold and copper producer Newmont Mining Corporation has announced that it has sold its equity stake in the Valcambi gold refinery in Switzerland...
WA to become global hub for carbon capture with new National Geosequestration Laboratory
The $48.4 million National Geosequestration Laboratory (NGL) in Perth was officially opened by Minister for Industry Ian Macfarlane last week.
The new centre – a collaboration...
Macmahon appoints new CEO
Mining services company Macmahon Holdings has announced that it has promoted its Chief Financial Officer Sybrandt van Dyk to Chief Executive Officer.
Mr van Dyk...
OneSubsea awarded FEED contract for Woodside’s Browse FLNG project
Woodside Energy has announced that it has awarded a front-end engineering and design (FEED) contract for the proposed Browse FLNG Development to OneSubsea.
The announcement...
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Manufacturers should do this sooner rather than later, says precision engineer
Australian precision engineering and industrial instrumentation company CENMAC implemented ERP software when it was still a one-man operation. “I couldn’t imagine us growing to this size without MRPeasy,” says Jason Ford, Founder.
