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New company aims to be ‘unrivalled’ service provider

     26th May 2017 With a focus on safety and supporting its customers, the process of integrating diversified industrial-use products and services provider Komatsu and high-productivity mining solutions provider Joy Global has begun, following the conclusion of a $3.7-billion deal in April. On May 8, executive... 

Komatsu concludes $3.7bn Joy Global acquisition

By: Megan van Wyngaardt     7th April 2017 Komatsu America, a subsidiary of Komatsu, has completed its $3.7-billion acquisition of high-productivity mining solutions provider Joy Global. Retaining its headquarters in Milwaukee, Wisconsin, Joy Global will be renamed Komatsu Mining Corp and operate as a subsidiary of Komatsu, while... 

Komatsu acquires Joy Global to expand mining business

     6th April 2017 Komatsu America Corp., a subsidiary of Komatsu Ltd. (TYO: 6301) (“Komatsu”) has completed its acquisition of Joy Global Inc. (“Joy Global”), a worldwide leader in high-productivity mining solutions. Retaining its headquarters in Milwaukee, WI, Joy Global Inc. will be renamed Komatsu Mining Corp.... 

Mining machines maker Komatsu enters underground market with $3.7m Joy Global bid

By: Henry Lazenby     12th August 2016 The board of Japanese mining equipment manufacturer Komatsu has given the green light for the firm to make its biggest-ever acquisition by buying its rival, Milwaukee, Wisconsin-based Joy Global, in a bid valued at $3.7-billion, the company announced Friday. Komatsu has signed a $2.89-billion... 

Japan’s Komatsu to buy US Joy Global for $2.89bn

By: Bloomberg     21st July 2016 Komatsu, the world’s second-biggest mining and construction equipment maker, agreed to buy Joy Global for $2.89-billion, in a deal signaling the Japanese company is optimistic that a recent rebound in commodities prices will endure. Tokyo-based Komatsu will pay $28.30 a share in cash for the... 

Bauma Conexpo Africa 2018

     8th July 2016 The dates for the next Bauma Conexpo Africa are confirmed: : The third International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles will be held at the Johannesburg Expo Centre from March 13 to 16, 2018. According to Stefan Otto,... 

High-tech solution for Letlhakane tailings project

     19th February 2016 The contract to supply voltage equipment and automation solutions for Debswana’s Letlhakane Mine Tailings Resource Treatment Project (LMTRTP) has been awarded to industrial automation and information provider Rockwell Automation (RA). The P2.2-billion LMTRTP is meant to safeguard jobs at diamond... 

Bauma Conexpo Africa 2015

     12th August 2015 BAUMA CONEXPO AFRICA 2015, International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles, takes place from September 15 to 18 at the Johannesburg Expo Centre . If the premiere in 2013 is anything to go by, BAUMA CONEXPO AFRICA 2015 will... 

Formwork and scaffolding move to modular

     26th June 2015 Formwork has a direct impact on construction project timelines and cost efficiencies. This is according to Elaine Crewe, CEO of BAUMA CONEXPO AFRICA, the premier construction and mining event in Africa that will take place from 15-18 September 2015 at the Johannesburg Expo Centre (NASREC). In... 

Zambia’s double-edged mining taxation sword

     15th April 2015 Zambia, one of the major players in mining in the Southern African Development Community, faced a shake-up in views surrounding the implications of a rise in underground mining royalties. As of 1 January 2015, legislation stipulated a rise in underground mining royalties from six to eight per... 

Bauma Conexpo Africa to move to a three-year cycle after 2015

     28th August 2014 Market-oriented cycle for Africa Bauma Conexpo Africa's organizers respond to industry's wish Africa's largest trade fair for the construction machinery and mining industry celebrated its premiere in 2013. The next Bauma Conexpo Africa takes place at the Johannesburg Expo Centre from September... 

Joy Global Completes Acquisition of Certain Assets of Mining Technologies International Inc.

     17th June 2014 Milwaukee, Joy Global Inc a worldwide leader in high-productivity mining solutions, closed, through a subsidiary, on the purchase of certain assets of Mining Technologies International Inc. ("MTI") on May 30, 2014. MTI is a Canadian manufacturer of underground hard rock mining equipment serving... 

Company Announcement: Ludman Industries Hosts Team of Russian Engineers

     9th January 2013 Uralelecromed is Russia’s largest copper smelting company 

Company Announcement: New CFO and Vice President of Sales hired at Ludman Industries

     12th October 2012 Milwaukee Global Manufacturer Continuing proven expertise and proven success 

Joy Global cuts 2012 forecast as mining expenditure declines

By: Bloomberg     7th September 2012 Joy Global Cuts 2012 Forecast as Mining Expenditure Declines (3)   Joy Global, the world’s fourth-largest mining equipment maker, has cut its full-year profit and sales forecasts and said revenue may not increase next year as commodity demand slows in the US and China. 

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