Automation and intelligent coal mining comprise the most important fields in coal mining technology research. The key to automation and intelligent coal mining is the automated mining of the working face, and accurate positioning of the shearer is one of the most important technologies in the automated mining process. However, significant defects in non-inertial navigation system (INS)-based methods have led to low positioning accuracy. In this paper, we propose a new shearer positioning technology to further improve the positioning accuracy of the shearer and monitor the shearer position in real time. The shearer positioning system proposed is based on the strapdown inertial navigation system (SINS). We conducted shearer positioning experiments with gyroscopes, accelerometers, and other inertial navigation instruments. The experimental results are thoroughly studied on the basis of error compensation techniques such as inertial instrument zero bias compensation and Kalman filter compensation. Compared with traditional shearer positioning technology, the experimental results show that the shearer positioning system based on SINS can achieve more accurate positioning of the shearer and can accurately reflect the running characteristics of the shearer working the mining face.