At MINExpo 2008 Caterpillar introduce four new trucks. The 793 series in the 240- to 250-ton class will be available in both mechanical (793F) and electric (793F AC) versions. The 345-ton 795F AC, a new size for Caterpillar, will be available in electric drive only, while the flagship 797B is replaced by the new 797F [...]
Caterpillar will display surface and underground mining equipment and technology capabilities at booth number 6229—the largest indoor exhibit within MINExpo 2008. The Central Hall will be the stage for introducing the new Caterpillar® F-Series mining trucks including the next generation of mechanical drive trucks as well as the new Cat® AC electric drive trucks. MINExpo [...]
A St. Louis-based company continues to make strides toward constructing a coal gasification plant behind Caterpillar Inc.
Secure Energy Inc. announced Friday that the state issued an air permit for the construction of a secure energy gasification plant.
The company earlier this year purchased property behind the Caterpillar Inc. plant to produce synthetic natural gas from Illinois [...]
Caterpillar Inc., the world’s largest maker of earthmoving equipment, said fourth-quarter profit rose 4.3 percent on increased demand for machinery overseas.
Net income climbed to $882 million, or $1.32 a share, from $846 million, or $1.20, a year earlier. Sales gained 14 percent to $11 billion, the Peoria, Illinois-based company said today in a statement.
Demand from [...]
The battle lines have been clearly drawn between the Democrats in Congress, a handful of major names in the international mining industry and the National Mining Association and its coal company members.
The Democrats’ victory in last year’s elections means Congress’s stance on environmental issues has changed dramatically. Gone is the champion of mining and big [...]
Western Goldfields, Inc. announced the Board of Directors has approved capital expenditures for the mining fleet totaling $67.0 million and has issued purchase orders totaling $60.9 million. All currency amounts are in U.S. dollars.
The initial mining fleet includes 11 Terex 190-ton haul trucks, two O&K RH340 shovels, a Letourneau 1350 loader, and Caterpillar ancillary equipment. [...]
Unico, Incorporated (OTC BB:UNCN.OB), a natural resource company in the precious metals mining sector, today updated shareholders on progress of reconstruction of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Reconstruction of the mill and processing facility is designed to improve both efficiency and capacity in processing operations at the [...]
aterpillar Inc., the world’s largest maker of earthmoving equipment, said second-quarter profit rose 38 percent as demand for mining trucks and power generators fueled sales.
Net income increased to $1.05 billion, or $1.52 a share, from $760 million, or $1.08, a year earlier. Sales gained 13 percent to $10.6 billion, the Peoria, Illinois-based company said today [...]
Workers in Linden laid off by Omai Bauxite Mining Inc (OBMI) for two months because of the competition from cheap bauxite produced by China are pessimistic about the chances of the company restarting operations in September and consequently of rehiring them.
News that the company was seeking investors to buy into operations was not a cause [...]
