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Thiess Wins $1BN Mining Contract at OZ Minerals’ Prominent Hill

The job situation in South Australia has improved in the mining sector with mining contractor Thiess being hired to work on OZ Minerals’ Prominent Hill mine.

From OZ Minerals Limited 8 Feb 2012

Downer EDI Awarded $570 Million Mining Contract

Engineering company Downer EDI has been awarded a $570 million contract for providing its services at the Karara iron ore project.

6 Feb 2012

Mining Industry Looks to Automation‎

Technology is catching up with the mining industry. Soon many mining operations in lonely and desolate areas could be carried out by automation with control centers a few hundred kms away in the cities.

6 Feb 2012

OneVentures Invests in Peak3 Technology to Reduce Emissions in Underground Mines

OneVentures Innovation Fund has invested in first clean technology to support Peak3, a company based in Brisbane, to commercialize services and products for the treatment, management, and monitoring of particular emissions in diesel engine.

31 Jan 2012

Fortescue Metals Eagerly Awaits Approval for 5th Berth at Port Hedland

Fortescue Metals Group is hoping that the government approval for a fifth berth at Port Hedland will come in by next month.

From Fortescue Metals Group Ltd 30 Jan 2012

Caterpillar Beats Earnings Estimate Sees Good Growth in 2012

Caterpillar Inc., the world’s largest producer of construction and mining equipment, saw its fourth quarter earnings rise per share to $2.32 as compared to $1.47 last year.

From Caterpillar 30 Jan 2012

Outrage as Some Australian Miners Required to Buy Chinese Equipment

Australian mining companies are being asked to buy Chinese equipment as a pre-condition to exporting minerals. Contracts are said to specify that the companies buy specific, non-Australian manufactured equipment. This is being seen as an outrage by Australian manufacturers.

17 Jan 2012