Feb 1, 2017

Komatsu joins peers in signaling mining rebound remains elusive

Komatsu Ltd., the world’s No. 2 supplier of construction equipment, said industry-wide demand from miners fell 13 percent in the last quarter, signaling that the rebound in commodities prices is yet to feed through into better sales of the giant trucks and excavators used ...

Undermining China: towns sink after mines close

Aug 15, 2016

Undermining China: towns sink after mines close

Deep in the coal heartlands of northern Shanxi province, people in the village of Helin are fighting a losing battle as the ground beneath them crumbles. They are patching up cracks, rebuilding walls and filling in sinkholes caused by decades of coal mining. Around ...

Jul 22, 2016

Komatsu to buy U.S. mining equipment maker Joy Global

Komatsu Ltd. said that it has agreed to acquire U.S. mining machinery maker Joy Global Inc. for $2.9 billion. Joy Global, based in Milwaukee, Wisconsin, has production bases in the United States, China, Australia and elsewhere. Annual sales totaled $3.2 billion in the year ...

Apr 25, 2016

Chinese state media say 11 missing after coal mine floods

A coal mine flooded in northern China on Monday, leaving 11 miners missing, state media reported. The accident happened Monday morning in Tongchuan city in Shaanxi province, the official Xinhua News Agency said. A total of 67 workers were in the mine shaft but ...

Anger in China's coal country as miners feel left behind

Mar 19, 2016

Anger in China's coal country as miners feel left behind

Hanging from a highway overpass two hours’ drive from the Siberian border, a local government banner reads like a last-gasp exhortation to this exhausted coal community: “Improve our structure, change our methods, transform our city.” This area has transformed in dire ways as China ...

Feb 5, 2016

Three missing, 87 rescued after South Africa mine collapse

Almost 90 miners were rescued and three were still missing after a cave-in at a gold mine in northeastern South Africa on Friday, the firm that owns the mine said. The collapse at the mine’s main entrance trapped 87 workers underground, all of whom ...