As part of Torex Gold Resources’ long-term succession planning, Andrew Snowden, who has served as chief financial officer since 2021, will assume the role of president and CEO when current President and CEO Jody Kuzenko retires on June 17. “After eight years with Torex and a career that has spanned almost 30 years, my mandate as CEO has been delivered…
Read MoreDay: February 9, 2026
FLSmidth taps Laaksonen to succeed Keto
FLSmidth has selected Toni Laaksonen to serve as its new chief executive officer, effective immediately, based out of its Copenhagen corporate headquarters. Laaksonen, who first joined the company as Service Business Line president in June 2025, replaces Mikko Keto, who announced in November 2025 that he planned to step down from his post. Laaksonen, a seasoned executive in the global…
Read MoreFletcher CEO Hinshaw retires, Duncan to replace
J.H. Fletcher recently announced that Greg Hinshaw is retiring from the company as chief executive officer, effective immediately, and will be succeeded by the previous president, Rod Duncan. Duncan, who began his Fletcher career as an intern, has worked in practically every area of the business. He will oversee production, strengthen customer and industry partnerships, and ensure the organization is…
Read MoreForce Control Magnashear brakes now in 460VAC
Clutch and brake supplier Force Control Industries has expanded its Magnashear line with new 460VAC spring-set, electrically-released models featuring pulse-width modulation for lower heat generation and reduced energy consumption. These brakes leverage Force Control’s proven oil shear technology to deliver precise stopping and repeatable positioning in demanding high-cycling or reversing applications. Because wear is virtually eliminated, the brakes require no…
Read MorePronto releases AHS Editions autonomous haulage group
California-based OEM-agnostic autonomous haulage system developer Pronto.ai has unveiled the first tiered autonomous haulage portfolio to bring “physics-first” autonomy to mining. The release of the AHS options, Pronto AHS VLR and Pronto AHS VLR 360, is a major expansion of its product portfolio, it said, and complement its existing flagship vision-only system. The additions create the industry’s first tiered autonomy…
Read MoreKomatsu to expand NA remanufacturing with latest deal
Komatsu North America agreed to acquire assets of SRC of Lexington Inc., a supplier of remanufactured components and parts for construction and mining equipment based in Lexington, Ky. The deal will strengthen Komatsu’s remanufacturing capabilities in North America. “North America is one of Komatsu’s most important markets for both construction and mining equipment,” said Danny Murtagh, vice president, parts and…
Read MoreFirst gold pour at Heliostar’s San Agustin
Heliostar Metals announced that the first official gold pour from restarted mining operations at its San Agustin mine in Durango, Mexico, occurred in late January. The mine is on track to meet production guidance of 30,000–32,700 ounces of gold in 2026. “It is an extraordinary time in the gold market to bring new production online. Bringing San Agustin online has…
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