Caterpillar Mining News

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 Global posts first-quarter loss, but will pay dividend

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.

Caterpillar will move headquarters to Chicago

Previously-announced Peoria complex will not be built.

Caterpillar to develop autonomous mining truck technology for additional models and brands

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.

Applying soft-rock mining concepts in hard-rock mining

CAT launched a fully mechanized longwall system for continuous mining of flat and tabular deposits.

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%).