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Category: Mining Equipment

Sandvik Beats Profit Forecasts on Strong Mining Demand 1 Mining Equipment Corporate News International 

Sandvik Beats Profit Forecasts on Strong Mining Demand

Constance
Sandvik Reports Strong Q4 Core Profit as Mining Activity and Metal Prices Lift Demand Swedish mining equipment and metal-cutting tool maker Sandvik reported a slightly stronger-than-expected fourth-quarter core profit on Tuesday and proposed a higher dividend, supported by rising mining activity and stronger commodity prices. Operating profit before amortization and items affecting comparability rose 1% year-on-year to 6.37 billion Swedish crowns ($712.5 million), exceeding the average analyst forecast of 6.22 billion crowns, according to an LSEG poll. The result was driven by 12% organic sales growth during the quarter. “The… Read More Here
Zahid Group Completes $1.3bn Acquisition of Barloworld in Landmark Middle East–Africa Deal 2 Mining Equipment International Mergers & Acquisitions 

Zahid Group Completes $1.3bn Acquisition of Barloworld in Landmark Middle East–Africa Deal

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Saudi Arabia’s Zahid Group Finalises $1.3bn Barloworld Acquisition in Major Middle East–Africa Deal Saudi Arabia’s Zahid Group has formally completed the acquisition of South African industrial conglomerate Barloworld, concluding a R23 billion ($1.3 billion) transaction that takes the 123-year-old company private and ranks among the most significant Middle East–Africa corporate takeovers in recent years. The acquisition, led by a consortium anchored by Zahid Group through its subsidiary Gulf Falcon Holding, was finalised in January 2026 after the buyers secured the remaining outstanding shares via a compulsory squeeze-out. Barloworld’s ordinary shares… Read More Here
Kal Tire and Decoda Announce Strategic Alliance to Offer Mines Autonomous Haul Road Hazard Detection 3 Mining Equipment Corporate News International Press Release 

Kal Tire and Decoda Announce Strategic Alliance to Offer Mines Autonomous Haul Road Hazard Detection

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KalPRO™ HaulSight, powered by Decoda and supported by expert monitoring teams, enhances tire performance & fleet productivity VERNON, BC—Kal Tire’s Mining Tire Group and Decoda, an Australian mining technology firm, have announced a strategic alliance that will bring mines real-time, autonomous haul road hazard detection to increase truck productivity, tire life and fuel efficiency. Kal Tire and Decoda have collaborated to develop KalPRO HaulSight, which builds on the success of KalPRO TireSight autonomous tire inspections. “HaulSight’s ability to detect road hazards as they arise means mines can prevent the tire… Read More Here
FQM Hands Major Mining Operations to Local Contractor Mineral Link in Zambia 4 Mining in Zambia Corporate News Mining Equipment 

FQM Hands Major Mining Operations to Local Contractor Mineral Link in Zambia

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FQM Boosts Zambia Mining Local Content by Awarding Major Load-and-Haul Contract to Mineral Link First Quantum Minerals (FQM), through its subsidiary FQM Trident Limited, has reaffirmed its commitment to Zambia’s socio-economic development by expanding opportunities for local businesses and transferring key operational responsibilities to the Zambian-owned contractor Mineral Link Limited. This partnership signals a significant evolution in Zambia’s mining sector, shifting from traditional service provision to full contract mining. Mineral Link, a second-generation family business based in Chingola, will now manage enterprise load-and-haul operations previously handled internally by FQM. According… Read More Here
Bell Equipment Mining & Construction Introduces the G140 Grader to Zambia 5 Mining in Zambia Mining Equipment Sponsored Content 

Bell Equipment Mining & Construction Introduces the G140 Grader to Zambia

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This new model marks a major step forward in local construction and mining support Bell Equipment Mining & Construction has officially launched the new Bell G140 Motor Grader in Zambia, marking a major milestone in the company’s ongoing commitment to supporting Africa’s construction and mining industries with high-quality, reliable machinery. The introduction of the G140 reinforces Bell’s dedication to providing world-class equipment tailored to meet the demanding conditions of the region. The launch event, held in Kitwe, Zambia, brought together key industry players, long-standing customers, and Bell’s local partners. Guests… Read More Here
Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China 6 International Corporate News Mining Equipment 

Fortescue Orders Record-Breaking Fleet of Green Mining Trucks from China

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Fortescue Signs Landmark Deal with XCMG for 200 Battery-Electric Haul Trucks to Advance Net-Zero Mining Fortescue, the global iron-ore giant, has placed China’s largest-ever export order for green mining equipment, signing a supply agreement with XCMG Machinery for 150 to 200 battery-electric haul trucks. The 240-tonne vehicles will make up nearly half of Fortescue’s future heavy-haul fleet and will be deployed at its Pilbara iron-ore operations in Western Australia. The move marks a major step toward the company’s ambitious goal of eliminating fossil fuels from all land-based operations by 2030.… Read More Here
Sandvik Unveils AutoMine Surface Drilling Training Simulator to Advance Operator Skills 7 International Corporate News Mining Equipment 

Sandvik Unveils AutoMine Surface Drilling Training Simulator to Advance Operator Skills

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Sandvik Launches AutoMine Surface Drilling Simulator to Boost Mining Efficiency and Safety Sandvik Mining has introduced its AutoMine Surface Drilling Training Simulator, a cutting-edge tool designed to improve operator skills, accelerate learning, and increase the efficiency of automated drilling operations. The simulator is compatible with all i-series surface drill rigs and provides a realistic, safe, and cost-effective training environment for modern mining operations. It enables trainees to operate up to three rigs of the same type simultaneously, with a focus on: Path planning Autonomous production cycle management Real-time monitoring of… Read More Here
Sandvik Secures $41M Equipment Order for Khoemacau Copper Mine Expansion in Botswana 8 International Corporate News Mining Equipment 

Sandvik Secures $41M Equipment Order for Khoemacau Copper Mine Expansion in Botswana

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Sandvik Wins Major Mining Equipment Contract for Khoemacau Copper Mine in Botswana Mining solutions provider Sandvik has landed a significant order from JCHX Mining Management, a Chinese mining contractor, to supply underground equipment for MMG’s Khoemacau Copper Mine (KCM) in Botswana. The order, valued at around SEK 450 million (≈ $41 million), includes loaders, trucks, and drills, along with digital monitoring systems such as Sandvik’s remote monitoring service. Deliveries are set to begin in Q3 2025 and continue through Q2 2026. The deal follows JCHX’s recent five-year underground mining contract… Read More Here
Caterpillar and Luck Stone celebrate one million tons hauled autonomously at Bull Run Quarry 9 International Mining Equipment 

Caterpillar and Luck Stone celebrate one million tons hauled autonomously at Bull Run Quarry

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o Caterpillar and Luck Stone announce a significant milestone in their ongoing collaboration of one million tons autonomously hauledo The achievement marks a first for Caterpillar in the aggregates industryo Reaching the one million tons hauled autonomously milestone confirms that autonomous haulage candeliver consistent, repeatable performance CHANTILLY, Va., July 14, 2025 – Caterpillar, Inc. (NYSE:CAT) and Luck Stone, the nation’s largest family-owned and operated producer of crushed stone, sand and gravel, announced a significant milestone in their ongoing collaboration: one million tons autonomously hauled at Luck Stone’s Bull Run Quarry… Read More Here
ERG Deploys Autonomous Trucks, AI Technology at Kazakhstan Operations in Push Toward Mining Innovation 10 Corporate News Mining Equipment Technology & Innovation 

ERG Deploys Autonomous Trucks, AI Technology at Kazakhstan Operations in Push Toward Mining Innovation

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Global metals and mining company Eurasian Resources Group (ERG) is implementing AI technologies at its operations in Kazakhstan, including autonomous dump trucks and an advanced Manufacturing Execution System, as part of its continuing digital transformation. The company is the first in Kazakhstan to deploy driverless vehicles for mining operations. By adopting autonomous technologies, ERG aims to reshape mining industry dynamics in Central Asia and contribute to mining’s next chapter through cutting-edge innovations. ERG’s autonomous dump trucks at its Vostochny open-pit coal mine have already transported over two million tonnes of… Read More Here

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