
Komatsu reports sales for first three months of FY2016
Komatsu has announced its consolidated business results for the three months of the fiscal year ending 31 March 2017 (FY2016).
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Komatsu has announced its consolidated business results for the three months of the fiscal year ending 31 March 2017 (FY2016).

Sven Hörschkes has been appointed as Vice President, EMENA, Minerals, for FLSmidth.

Jeff Court has been selected as Senior Vice President, Regional Operations for FLSmidth's Minerals Division.

Caterpillar has reduced its sales forecast for 2016 and said there were be more job cuts on the way.

Caterpillar reported sales down 16% in 2Q16 with mining sales down 29%.

Russian Coal Group has reported a slight fall in year-on-year production in 1H16 to 6.2 million t.

Themba Mkhwanazi is appointed as the new CEO of Kumba Iron Ore Ltda and July Ndlovu is selected as CEO of Anglo American's South African coal business.

Coal India has been set a production target of almost 600 million t for FY2017, according to the country’s coal minister.

Sandvik Mining has reported a 16% fall in operating profits from its continuing operations in 2Q16

Komatsu is to buy US rival Joy Global in a deal valued at US$3.7 billion.

Frank Calandra Inc., the owner of ground control specialist, Jennmar, has added Dywidag Systems International’s US mining division to its stable.

Mining operations will restart at Wongawilli coal mine after the signing of a mine services agreement with Delta SBD.