INC. Mining News

U.S. Department of Justice clears Cat acquisition of Bucyrus

The United States Department of Justice (DOJ) has closed the investigation into Caterpillar Inc.’s planned acquisition of Bucyrus International and cleared Cat to move forward. The DOJ action, in addition to the expiration of the Hart-Scott-Rodino Act waiting period, concludes the antitrust review process in the United States. Read more

AMEC to buy MACTEC

AMEC announced today that it has agreed to buy MACTEC, a leading US engineering and environmental services company, from its private equity and other individual shareholders for a cash consideration of US$280 million. Completion is subject to regulatory approval and is expected by the end of June 2011. Read more

Molycorp’s $89m deal for AS Silmet doubles REO production capacity

The US$89 million shares-and-cash acquisition of Estonia's AS Silmet by Colorado's Molycorp means both rare earth companies "will be able to take advantage of the very robust price situation in the market right now," Molycorp CEO Mark Smith said during a conference call with analysts Monday.

Caterpillar, in biggest deal of its history, to buy Bucyrus International

Caterpillar clearly believes in a strong future for the mining industry. It and Bucyrus International have entered into an agreement under which Caterpillar will acquire Bucyrus International in a transaction valued at about $8.6 billion […]

SMS Equipment Inc and JADCO Manufacturing Inc. sign distribution agreement to expand presence in Canada

“SMS is excited to be partnering with Jadco, a leading manufacturer of wear products.” says Lindon Petty, Jr., SMS’s General Manager of Product Support. “We know that both parties will benefit due to SMS's strong distribution network […]

Bucyrus to deliver India’s first highwall miner for Cuprum Bagrodia coal operation

Bucyrus has received an order for a highwall miner from India - the first technology of its kind in the country. The machine will be operated by Cuprum Bagrodia (CB) of Kolkata at SECL's Sharda OC project and is expected to commence operation during the Q4, 2010. The operation contains multiple horizontal coal seams with [...]

Bucyrus to deliver India’s first highwall miner for Cuprum Bagrodia coal operation

Bucyrus has received an order for a highwall miner from India - the first technology of its kind in the country. The machine will be operated by Cuprum Bagrodia (CB) of Kolkata at SECL's Sharda OC project and is expected to commence operation during the Q4, 2010. The operation contains multiple horizontal coal seams with [...]

AngloGold Ashanti Selects Modular Fleet Management

Modular Mining Systems, Inc., the world leader in information management solutions for mining operations, announces that AngloGold Ashanti (AGA) has selected Modular as the global supplier of fleet management systems. In November 2009, AGA signed […]

Bucyrus boosts earnings

BUCYRUS has increased net earnings 24% year-on-year in 2009 to $US313 million despite the global financial crisis, while the major OEM is expecting more weakness in the US coal industry, along with higher coking coal […]

Bucyrus longwall for Bogdanka coal

Crushing & Conveying     Bucyrus has won a contract to deliver a complete, automated plow longwall to Polish mine operator Lubelski Wegiel Bogdanka SA for its Bogdanka coal mine in Puchaczów. Bogdanka is one of […]

CSN Integrates IntelliMine® Suite at Casa De Pedra

Tucson, Arizona – October 22, 2008 Modular Mining Systems, Inc., the market leader in information management solutions for mining operations worldwide, announces that Companhia Siderúrgica Nacional (CSN) will implement the Modular IntelliMine® integrated asset management […]

Modular Expands Global Accounts Management Team

Following the successful introduction of the Global Corporate Accounts Management team last year, Modular Mining Systems, Inc. CEO Peter Carter has announced the team’s expansion—a development that will enhance Modular’s ability to respond to ongoing […]