Earthmoving and Surface Mining
EQUIPMENT
Caterpillar cuts executive salaries, launches voluntary retrenchment plan
0 COMMENTS
NYSE-listed construction equipment giant Caterpillar will cut executive pay by as much as half in 2009, reduce senior management salaries and implement a hiring freeze, the company announced on Monday.
The steps were necessary because of “the...
By: Liezel Hill
22nd December 2008
MINING EQUIPMENT
Mining equipment rentals skyrocket as miners move away from outright purchases
0 COMMENTS
Equipment rental company Rentworks is experiencing a spike in its mining equipment rentals owing to the current economic downturn.
By: Leandi Kolver
5th December 2008
EQUIPMENT RENTAL
De Beers concludes R170-million rental transaction with RentWorks
0 COMMENTS
The world’s leading diamond-mining company De Beers, has signed a rental agreement valued at R170-million with asset rental company RentWorks.
By: Leandi Kolver
21st November 2008
MINING SERVICES
Ontario promotes mining equipment, services in Mexico
0 COMMENTS
Representatives of Ontario's Ministries of Northern Development and Mines and International Trade and Investment will be in Mexico next week to promote the Canadian province's mining equipment and services sector.
The Ministries are cohosting a...
By: Liezel Hill
16th October 2008
MINING EQUIPMENT
VR Steel to sell Hofmann products in SA
0 COMMENTS
Steel products manufacturer VR Steel will represent Australian dragline and shovel supplier Hofmann Engineering in South Africa, in a deal that is expected to earn the firm R50-million a year.
The steel manufacturer said in a statement that on...
By: Chanel de Bruyn
13th October 2008
AGENCY AGREEMENT
SA firm to distribute Astra trucks in Southern Africa
0 COMMENTS
Gauteng and Kwazulu-Natal based High Power Equipment (HPE) has gained the rights to become the sole Southern African importer and distributor of the Astra ranges of rigid dump trucks and articulated dump trucks.
By: Irma Venter
19th September 2008
CAPITAL EQUIPMENT
Capital equipment group spreads its mining wings with Chinese excavator
0 COMMENTS
Member of the JSE-listed Bidvest group, McCarthy Heavy Equipment (MHE), is expanding its offering to the mining industry, with the introduction later this year of the 70 t Sany excavator - adding to the 20 t, 23 t, 30 t and 42 t machines already...
By: Irma Venter
12th September 2008
MINING EQUIPMENT
South African steel products maker to open shop in India
0 COMMENTS
A local manufacturer of steel products for the mining industry VR Steel reports that it will set up shop in India from January next year, making this the company’s fifth global operation. The company has appointed an Indian national who will...
29th August 2008
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