Finning International Inc. (TSX:FTT) announced that its U.K. and Ireland division has secured a seven-year mining equipment and service contract with Hargreaves Services for a total value of approximately $96 million Cdn.
Copper Mountain Mining Corporation (TSX: CUM) (the "Company" or "Copper Mountain") announces production results for the fourth quarter of 2011 from the newly opened Copper Mountain mine located in southern British Columbia.
The new Cat® 777G Off-Highway Truck introduces outstanding performance, production and fuel efficiency in the 100-short-ton (91-tonne) size class.
Gold prices tumbled to $36.45 or 2.1% to $1,669.21 per ounce on Tuesday morning due to worries about Greece and a flight to the American dollar.
Canadian company Finning International Inc. (TSX:FTT), Caterpillar’s equipment distributor in Chile, announced it will invest over US$350 millions in the South American country the year.
Caterpillar Inc. (NYSE:CAT) plans to relocate one of its major production factories from Japan to the U.S. and employ an estimated 1,400 workers, announced the company.
American-based heavy equipment maker Caterpillar (NYSE:CAT) through its subsidiary Electro-Motive Canada (EMC), said today that it is closing EMC's locomotive production operations at its London, Ontario plant, after several months of unsuccessful contract negotiations with the Canadian Auto Workers union.
A newly Caterpillar-branded hydraulic mining excavator was recently delivered from the former Bucyrus factory in Dortmund to Hartikainnen, Finland’s biggest contractor, which is using the machine at the Siilinjärvi phosphate mine in the country where it has the mining contract.
Caterpillar Inc. acquired 100% interest in the Pyroban Group Ltd. on August 31, 2011. Pyroban Group is a leading provider of hazardous area safety solutions to the oil and gas, industrial material handling, mining and marine markets. Headquartered in Shoreham,UK, Pyroban Group has additional locations in Europe, Singapore and China.
The head of the world's largest manufacturer of mining equipment says he does not see a return to recession in the United States.
“I don’t see a return to high growth, but I think we’re going to bump along,” Doug Oberhelman, CEO of Caterpillar Inc., told the FT at the company's headquarters in Peoria, Illinois, this week.
Caterpillar has made a key announcement on the progress of its autonomous truck program. Together with Australian dealer WesTrac, CAT has signed a Memorandum of Understanding (MOU) with Fortescue Metals Group to implement an autonomous mining solution for Fortescue’s new Solomon iron ore mine.
Thompson Creek Metals completed a $132 million equipment financing facility with Cat Financial Services Limited.
Cat Financial has agreed to underwrite up to $132 million in mobile fleet equipment financing for Thompson Creek’s Mt. Milligan copper-gold mine located in British Columbia.
According to the Wall Street Journal, Caterpillar could be due for a stock split after a 94% run up in its stock. Dow Jones’s Robert Tita reports: “As Caterpillar breaches $100, investors shouldn’t be shocked if the construction equipment maker …
BEIJING, People’s Republic of China (PRC) – Caterpillar Inc. (NYSE: CAT) Chairman and CEO Jim Owens visited Caterpillar’s newest prime product manufacturing facility in China, Caterpillar Paving Products (Xuzhou) Limited (CPPX), during his most recent visit to Asia.
PEORIA, Ill. – Caterpillar Inc. (NYSE: CAT) and Lovat Inc. announced today that Caterpillar has acquired Lovat, a leading global manufacturer of tunnel boring machines used in the construction of metro, railway, road, sewer, water main, penstock, mine access, high voltage cable and telecommunications tunnels.
In a move that further positions it as the world’s leading manufacturer of earthmoving equipment, Caterpillar Inc. (NYSE: CAT) is unveiling the first innovative AC electric drive track-type tractor in the industry. The revolutionary electric drive system developed for track-type tractors gives the D7E an unmatched balance of power, efficiency, control and maneuverability. The machine will be showcased at CONEXPO/CON-AGG 2008 March 11-15 in Las Vegas, Nevada.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.