Currently viewing Global edition

Faith in Joy returning

If turning investor sentiment is a reliable guide Joy Global’s slow climb from the bottom of its share-price trough of the past year may be a signal the ‘market’ has seen the mining-cycle nadir.

Faith in Joy returning Faith in Joy returning Faith in Joy returning Faith in Joy returning Faith in Joy returning

While the US mining equipment manufacturer and global supplier itself still can’t pinpoint a future time when sales backlog and new machine orders will pick up, it has made major cost-reduction