PRECIOUS METALS

Gold miners tuning in to auto-mining benefits

The jewel in Seven Group Holdings' portfolio, Caterpillar dealer WesTrac, is set to see an increased flow of dividends from Western Australia's gold-sector resurgence and expects technology to figure more prominently in big capital equipment sales in future.

WesTrac CEO Jarvis Croome (eighth from left) and staff at Diggers and Dealers

WesTrac CEO Jarvis Croome (eighth from left) and staff at Diggers and Dealers

Seven Group, an oddly diversified conglomerate with a mix of media and capital equipment interests, saw a 15% rise in fiscal-year 2020 revenue to A$3,492 million from WesTrac, and 22% EBIT surge to $371...

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