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Have you been a fly on the wall? Do you know some gossip you would like to get of your chest? Drop us an email and our contact will be treated confidentially.
Caterpillar halts development its underground jumbo - Wednesday, February 20, 2008

Sources have advised the Caterpillar will pack it's latest twin boom jumbo into containers for later development.

 
CAT builds a twin boom Jumbo - Wednesday, November 28, 2007

Several sources have indicated that CAT/ Elphinstone have built a twin boom Jumbo currently undergoing testing in various minesites throughout Australia.

Any specs or photos would be welcomed.

 
Sandvik builds a three boom Jumbo - Wednesday, November 28, 2007

Sandvik have released a three boom Jumbo drill rig. Sandvik claims it is the fastest drill in the world, yet we are to see any further info on this machine to substatiate these claims?

 
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Mining & Industry News Minimize

Clough forms joint venture with Helix (The West Australian)
Engineering and construction company Clough has formed a joint venture with subsea intervention and construction contractor Helix Energy Solutions Group.

Market opens lower on negative lead (AAP)
The Australian share market has opened lower, taking its cues from a negative finish on Wall Street and led by the weak performance of financial stocks.

Optus profit up as customer numbers rise (AAP)
Optus says third quarter net profit grew by 16 per cent with mobile revenues and customer numbers continuing to rise.

Australand profits off on revaluations, impairments (AAP)
Australand Property Group has posted a 31 per cent fall in calendar 2009 operating profit and says it expects to see a similar result this year.

Alumina reveals $26m loss, but sees improvement (AAP)
Alumina, minority partner of the Alcoa World Alumina & Chemicals group, has blamed the global financial crisis after revealing a $26 million net loss in 2009.

Toyota resumes US production after recall (The West Australian)
Toyota says it has resumed production in North America of several models whose sales were suspended over sticking accelerator pedals.

Cochlear hears cash registers ringing with record profit (AAP)
Hearing implant company Cochlear expects its net profit for fiscal 2010 to grow at least 15 per cent above its 2009 result.

DJ's tips big profit upgrade, posts 2.3pc sales hike (AAP)
Department store David Jones has increased its first half sales by 2.3 per cent and sharply raised its interim and second half profit guidance.

Bradken takes profit hit but sees upside (The West Australian)
Bradken has posted a 26.4 per cent decline in first half profit after the company felt the brunt of the economic downturn, and is looking forward to an improvement in trading conditions.

Macquarie sees second half profit in line (AAP)
Investment bank Macquarie Group expects its second half profit to be broadly in line with the first half, taking the fiscal 2010 result to about $960 million.
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