Caterpillar Mining News

Dr. Copper hints mining sector officially out of intensive care

Prices for the metal soared again Thursday to more than $5,700 a tonne.

Caterpillar to supply longwall roof supports to CNX Coal Resources mine in Pennsylvania

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.

This is what CAT's 794 AC truck can do for you

Caterpillar’s introduced its newest large mining truck, the 794 AC, at MINExpo International 2016.

Cat scales back room and pillar business

CAT said it remains committed to existing customers.

Joy Global shareholders approve $3.7 billion acquisition by Komatsu

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.

This is CAT's newest underground loader

The R1700K is designed to lower costs and increase productivity.

Cat® Hard Rock Mining business unit expands Underground Truck Design portfolio

The agreement will provide Caterpillar with additional design options in the 20-metric-tonnes and smaller payload class.

Caterpillar sheds 195 jobs; track drills, and room and pillar divisions hit

The company will also discontinue production of track drills.

Caterpillar further cuts profit, sales forecast

CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.

Global mining equipment market to reach $156 billion by 2022 — report

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.

IMAGE GALLERY: Touring Caterpillar's 6,500-acre testing grounds

More than 70 pieces of equipment are on site.

Waking up groggy truck drivers from 17,000 KM away

"The shift schedules are demanding. The work is repetitive. There are issues trying to keep people engaged in the work that they are doing."

Gold miners take a harder look at mine productivity tools

"Coal has always had a cost focus."

Caterpillar to present more than machines at MINExpo 2016

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.

CAT sales show mining slump only getting worse

Industry bellwether Caterpillar's global mining equipment sales drop 42% as Asia-Pacific and Latin America orders fall off a cliff.

Finning to cut up to 500 extra jobs this year, chairman steps down

The layoffs are on top of the 1,900 positions Finning decided to axe last year.

Caterpillar appoints Denise Johnson as group president of resources industries

Formerly vice president with responsibility for the Material Handling & Underground Division.

Caterpillar to pay $74 million after found guilty of stealing trade secrets

England-based supplier Miller UK won a case filed five years ago, in which accused CAT of misusing classified information to produce its own coupler, rather than buying it from them.

Caterpillar sales down again, almost three straight years

The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).

Drop in mining sales takes toll on Komatsu Q2 results

Construction and mining equipment account for almost 90% of Komatsu’s revenue.

Caterpillar misses on earnings, slashes outlook

The world's largest equipment maker not only reported lower quarterly profits, but also cut its 2015 earnings forecast and warned its revenue would fall even further next year.

These are the top factors North American miners consider when buying equipment

A survey of over 100 mining equipment buyers and decision-makers shows that 40% of them are still focused on cost cuts.

Caterpillar's mining VP steps down

Curfman joined Caterpillar in 1994.

Caterpillar to axe 10,000 jobs over next three years

It also revised its guidance for 2015 down, saying sales and revenues for the year are now expected to be about $48 billion—$1 billion lower than the previous outlook.