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Red Tape shuts down Aussie Gold Mine over absurd $1.25m tree removal fee

Red Tape shuts down Aussie Gold Mine over absurd $1.25m tree removal fee

by admin | Aug 2, 2016 | Constuction & Business News, Mining News

GOLD miner Neville Perry has been told to pay $1.25 million to the Victorian Government to remove 60 trees from his bush block. Mr Perry has now abandoned his mine project near Talbot in disbelief after fighting the Government for four years. Mr Perry said he was...
Caterpillar dumps employees at Green Valley proving ground

Caterpillar dumps employees at Green Valley proving ground

by admin | Aug 1, 2016 | Constuction & Business News, Manufacturer News, Mining News, Workforce News

Caterpillar laid off employees this week at its Green Valley proving grounds just three months after announcing it would move its regional headquarters to Tucson. A spokeswoman on Saturday said there were “some reductions” in workforce as part of ongoing restructuring...
Liebherr exhibiting at the MINExpo and unvailing their new 100 ton mining truck

Liebherr exhibiting at the MINExpo and unvailing their new 100 ton mining truck

by admin | Aug 1, 2016 | Manufacturer News, Mining News

The Liebherr Group participates for the 5th time at MINExpo in Las Vegas, NV. The Liebherr stand #7627 will exhibit new products and innovative solutions for the mining industry and will present drive and control technology components for the first time at MINExpo....
Caterpillar asks for relief on jobs requirement in North Carolina

Caterpillar asks for relief on jobs requirement in North Carolina

by admin | Jul 28, 2016 | Constuction & Business News, Manufacturer News, Mining News, Workforce News

After failing to meet job-creation goals for the past three years, Caterpillar Inc. is requesting amendments to the $10 million economic development deal it struck with Forsyth County in 2011. Journal Now reports, the company is asking the county to lower — from 196...
Caterpillar Cuts Guidance, Announces More Job Cuts

Caterpillar Cuts Guidance, Announces More Job Cuts

by admin | Jul 27, 2016 | Constuction & Business News, Manufacturer News, Mining News

Caterpillar Inc. said Tuesday it doesn’t anticipate a rebound this year for its construction and mining equipment, as the company shrunk its profit forecast and warned of additional layoffs. WSJ reports, Caterpillar topped second-quarter profit and sales expectations....
Did Komatsu outsmart Caterpillar in the Joy Global acquisition?

Did Komatsu outsmart Caterpillar in the Joy Global acquisition?

by admin | Jul 23, 2016 | Constuction & Business News, Manufacturer News, Mining News

Komatsu seems to understand the concept of “buy low” a little better than its U.S. rival Caterpillar. Bloomberg Gadfly reports, the Japanese dump-truck maker on Thursday announced it’s acquiring Joy Global for $28.30 a share, or more than $3.6...
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