Caterpillar in IP licensing deal with US company Simmons Equipment for low seam room and pillar & continuous haulage product lines
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Caterpillar in IP licensing deal with US company Simmons Equipment for low seam room and pillar & continuous haulage product lines
February 25, 2022

In another move towards Caterpillar Inc’s exit from the coal and soft rock underground mining equipment markets, it and US company Simmons Equipment based in Tazewell, Virginia have announced that the two companies have signed an exclusive IP license agreement. The agreement grants Simmons Equipment exclusive global rights to manufacture certain low seam room and[…]
Caterpillar to exit underground longwall mining business with preliminary deal to divest product line to Germany’s Hauhinco
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Caterpillar to exit underground longwall mining business with preliminary deal to divest product line to Germany’s Hauhinco
February 24, 2022

Caterpillar has been making some major strategic moves of late to focus on its core surface mining and underground hard rock mining equipment products, technologies and systems. This has included a licensing & IP agreement with India’s Gainwell Technologies, first for Gainwell to manufacture surface highwall miners in India, then more recently extending these agreements[…]
Poland’s mining technology major Famur develops modern technologies and focuses on VR in innovative SIGMA room
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Poland’s mining technology major Famur develops modern technologies and focuses on VR in innovative SIGMA room
February 23, 2022

Following Industry 4.0 trends, Poland’s mining equipment and technology major FAMUR says it is systematically developing training tools using virtual reality, remote diagnostics and field service smart glasses technology to operate equipment for various industry sectors. As part of this activity, it developed and implemented a concept to create an innovative SIGMA (Service in Grid[…]
Anglo American’s Aquila represents one of largest export orders yet for roof support major China Coal Bejing Coal Machinery
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Anglo American’s Aquila represents one of largest export orders yet for roof support major China Coal Bejing Coal Machinery
February 10, 2022

Anglo American recently announced that its new Aquila mine has achieved its first longwall shear of steelmaking metallurgical coal on schedule and on budget, marking the project’s final stages of construction and commissioning. The Aquila mine is one of the most technologically advanced underground mines in Australia, taking full advantage of Anglo American’s advances in[…]
Thiess awarded eight year mining contract for Olive Downs coal mining project in Queensland
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Thiess awarded eight year mining contract for Olive Downs coal mining project in Queensland
February 8, 2022

Global mining contractor Thiess has been appointed by Pembroke Resources as the successful contractor for the provision of mining services for the Olive Downs Project in Queensland, Australia. Under the eight-year contract, Thiess will deliver full-service mining operations, including mine planning, overburden removal, drill and blast, load and haul, water management and rehabilitation of final[…]
India’s Gainwell signs new IP licensing deal with Caterpillar enabling it to produce medium & high seam room & pillar mining equipment
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India’s Gainwell signs new IP licensing deal with Caterpillar enabling it to produce medium & high seam room & pillar mining equipment
February 7, 2022

India’s Gainwell Engineering Private Ltd has announced a new expansion of its mining equipment manufacturing operations by entering into a technology licensing agreement for underground mining equipment with Caterpillar, the global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The agreement will enable Gainwell Engineering to[…]