Jobs secured as Qteq sheds WellDog tag
A successful management buy-in has saved more than 50 high-tech energy and resources industry jobs with receivers Pitcher Partners agreeing to sell the business of WellDog Pty Ltd to Qteq Pty Ltd.
A successful management buy-in has saved more than 50 high-tech energy and resources industry jobs with receivers Pitcher Partners agreeing to sell the business of WellDog Pty Ltd to Qteq Pty Ltd.
Workers call the situation "a jobs bloodbath"
A torrent of retirements over the next 10 years is poised to wreak havoc on the mining labour market in Canada.
Using PwC research, UK-based digital marketing agency Aira worked with RS Components to reveal how many jobs per sector are at high risk of being taken by robots by 2030. Mining ones are among them.
Measure is part of a restructuring aimed at “protecting the viability” of the company’s South African business over the long-term, AngloGold said.
Agreement is part of plan to double investment in the sector to $25bn in eight years.
BHP Mitsubishi Alliance (BMA) has announced it will invest over two hundred million dollars into the Bowen Basin, creating hundreds of jobs, which shows the ongoing strength of Queensland’s coal industry.
“I suggested that he temper his expectations. Those are my exact words,” said Murray Energy founder and CEO. “He can’t bring them back.”
The world's No.1 heavy machinery maker will shut down a facility in northeastern Iowa, to consolidate the plant’s operations with a location in Wamego, Kansas.
With oil holding steady above US$50 a barrel since December after having bottomed out to about $26 in early 2016, energy analysts say the growth of automation and other labour-saving efficiencies could hold back many jobs from returning with the economic recovery.
The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.