Wednesday 27th Jul, 2016
Photo: Shutterstock

Komatsu to buy Joy Global in $4.9bn deal

Milwaukee-based heavy equipment manufacturer Joy Global has accepted a US$3.7 billion all-cash takeover offer from Japanese giant Komatsu. Joy Global…
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Copper has slumped in price.

Newcrest cuts down debt, boosts gold output

ASX-listed copper/gold miner Newcrest has announced a 27% reduction to its net debt during the 2015/16 financial year. Newcrest managing…
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CBH Grain train. Photo: YouTube / CBH Group

CBH preparing network for bumper crop

Grain handling business CBH is spending millions to enhance sites across its network to prepare for an estimated 14-16 million…
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Grain. Photo: Shutterstock.

China rejects snail-tainted feed grain

Chinese reluctance to drink snail-flavoured beer is harming the viability of the Australian grain trade. Executive manager of the Grains Industry…
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Photo: Qube

Qube heralds ACCC “milestone” decision

ASX-listed logistics firm Qube Holdings has welcomed the Australian Competition and Consumer Commission’s decision not to block the Qube-led breakup…
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Photo: Port of Melbourne

Better truck utilisation key as bulk drives up Melbourne containers

High productivity trucks must play a role in the movement of freight to and from the Port of Melbourne. That’s the…
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Bento Rodrigues after Samarco disaster Photo Anonio Cruz Agencia Brasil Creative Commons

Samarco cuts into BHP result

The continued shutdown of BHP’s joint venture Samarco mine in Brazil has resulted in a 2% decline in the miner’s…
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Photo: Shutterstock

CIMIC slammed despite net profit

Shares in construction and contracting firm CIMIC have fallen roughly 20% in early trading, despite the company announcing a first…
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milk

Dairy to endure stormy weather in 16/17

Agribusiness analyst Rabobank says Australia’s dairy exporters will face below-breakeven conditions in the 2016/17 season, but believes the industry is…
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