Gold miners turning to technology

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.

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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