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Caterpillar Mining News
CAT's 986K wheel loader is equipped with the recently launched command remote control system
The Japanese firm has completed its $3.7bn takeover of the Milwaukee-based equipment maker.
New Cat® MD6250 blasthole drill cuts costs and improves drilling efficiency with rugged design, integrated technology
The new Cat® MD6250 blasthole drill delivers optimum drilling efficiency in single- and multi-pass applications for both rotary and down-the-hole (DTH) modes.
Joy will pay a dividend of $0.01 per share by March 31, provided that the proposed merger with Komatsu America Corp. does not close before the close of business on March 17, 2017.
Previously-announced Peoria complex will not be built.
At a recent Cat® MineStar™ Command for hauling demonstration at the company’s facility in Arizona, Caterpillar announced a project to adapt hardware and software for retrofitting the Komatsu 930E mining truck with Cat autonomous technology. This interoperability initiative is driven by mining companies’ goal of reducing mining costs using their existing fleets.
CAT launched a fully mechanized longwall system for continuous mining of flat and tabular deposits.
Prices for the metal soared again Thursday to more than $5,700 a tonne.
CNX Coal Resources LP has placed an order for 285 Cat® longwall roof supports destined for use in the Enlow Fork Mine in southwestern Pennsylvania, USA. The mine is one of three in the complex, which produced 20.7 million tonnes (22.8 million tons) in 2015, making it the largest underground coal mining operation in North America.
Caterpillar’s introduced its newest large mining truck, the 794 AC, at MINExpo International 2016.
CAT said it remains committed to existing customers.
The deal still remains subject to closing conditions and regulatory clearances.
Caterpillar updates Cat® MineStar™ Terrain with new features that optimize mining productivity and operating costs
Caterpillar announces an upgrade to Cat® MineStar™ Terrain, one of the capability sets that makes up the company’s integrated mine operations and mobile equipment management system.
The R1700K is designed to lower costs and increase productivity.
The agreement will provide Caterpillar with additional design options in the 20-metric-tonnes and smaller payload class.
The company will also discontinue production of track drills.
CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.
Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.
More than 70 pieces of equipment are on site.
"The shift schedules are demanding. The work is repetitive. There are issues trying to keep people engaged in the work that they are doing."
"Coal has always had a cost focus."
Caterpillar will support MINExpo 2016 with an exhibit showcasing machines, technology, expertise and practical knowledge that miners can apply to help address their cost, productivity and efficiency challenges in today’s mining environment.
Industry bellwether Caterpillar's global mining equipment sales drop 42% as Asia-Pacific and Latin America orders fall off a cliff.
The layoffs are on top of the 1,900 positions Finning decided to axe last year.