Yes, you can use Cut, Copy and Paste between drawings. In CAD use the Select icon to drag a window around the elements in question. Next, from the top menu choose Edit > Cut, copy or paste as required.
In CAM you can use the same technique to copy machining operations between programs. Right click the mouse in the Program Ops window and choose your option.
Choose New from the top menu to create a new empty program and then right click the mouse in the Program ops window and paste the operations.