R/€ = 15.89 Change: -0.32
R/$ = 13.73 Change: -0.30
Au 1275.87 $/oz Change: -4.43
Pt 870.00 $/oz Change: -15.48


Cobalt hunt takes Aussie explorer to forest on BMW's doorstep

By: Bloomberg     13th June 2018 The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far from the plant where the German manufacturer makes its i3 electric city car. The cobalt find in a forested section of Saxony’s... 

Boliden bets on battery boost as electrification gains traction

By: Bloomberg     12th June 2018 Boliden AB, the mining company that traces its roots to a 1920s gold discovery in northern Sweden, is preparing for a future where everything from boats to cars and its own machines run on electricity. Although the company’s mines mainly produce base metals needed for construction and... 

Eritrea 'poison pill' complicates miner Lundin's aspirations – sources

By: Reuters     18th May 2018 The weak human rights record of one of Africa's poorest countries is coming between Lundin Mining Corp and its pursuit of a prized European copper and gold asset. Cash-rich Lundin's latest run at fellow Canadian miner Nevsun Resources is designed to bag the Timok project in Serbia, but it had to... 

Dormant Swedish mine comes alive in rush for car batteries

By: Bloomberg     6th April 2018 The global race to develop batteries for electric cars is reaching deep into the pine forests of central Sweden, where a dormant graphite mine is getting a new lease on life. Woxna, situated about 259 km north of Stockholm, was mothballed in 2001 amid a slump in prices. Now, a Canadian company... 

Mercury Rising: Gold mining takes a toxic toll on Kenyan women

By: Reuters     28th March 2018 Scorching sun beats down on half a dozen women as they carry large sacks of crushed ore on their backs at the Osiri-Matanda gold mine near Kenya's border with Tanzania. On wooden tables, they sieve the powdered ore into metal pans, add mercury, and heat the mixture over a charcoal fire. The air... 

Swedish court rules in favour of Boliden in Chile waste export case

By: Reuters     8th March 2018 A Swedish court ruled in favour of mining company Boliden in a civil case on Thursday, where the company had been sued over the export of industrial waste to Chile in the 1980s. In the case between Boliden and around 800 people in the Chilean city of Arica, Boliden had been sued for around... 

Sweden hunts for cobalt as electrical vehicle race boosts demand

By: Bloomberg     16th February 2018 Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are increasingly in demand among makers of electric vehicles. The government will invest 10-million kronor ($1.26-million) over the next two years to map the existence of minerals... 

Sweden's Boliden names mines chief Staffas as new CEO

By: Reuters     5th February 2018 Swedish mining and smelting group Boliden said on Monday it had appointed the head of its mines division Mikael Staffas as new CEO at the group from June 1. Staffas replaces long-standing Boliden CEO Lennart Evrell who said late last year that he would be stepping down in mid-2018. 

Engineering group Sandvik rides strong demand as profit tops forecast

By: Reuters     5th February 2018 Swedish engineering group Sandvik posted better than expected fourth-quarter core profit on Monday and said demand had been strong across all of its business areas. The Swedish maker of metal-cutting tools, mining equipment and speciality steels has been riding booming demand for mining gear as... 

Unions fear Norway export drive will end era of cheapest power

By: Bloomberg     30th January 2018 Norway’s vast resources of Europe’s cheapest and greenest electricity has helped its energy-intensive industry gain an edge and produce everything from aluminium to chemicals and tankers. But now the nation’s powerful unions are objecting to plans by grid managers and utilities to get in on the... 

Atlas Copco

20th October 2017 A world-leading provider of sustainable productivity solutions, Atlas Copco is characterised by focused businesses, a global presence with direct sales and service, a strong, stable and growing service business, professional people and an asset-light and flexible manufacturing setup. “We are... 

Lundin to trade on Nasdaq Stockholm

By: Mariaan Webb     1st June 2017 Canadian base metals miner Lundin Mining has been given approval for listing its shares on Nasdaq Stockholm, with trading set to start next week under the trading symbol ‘LUMI’. Lundin is converting Swedish Depository Receipts (SDRs) to shares for trading on Nasdaq Stockholm and will not be... 

Swedish miner says Donald Trump doesn't hold key to metal prices

By: Bloomberg     28th March 2017 The operator of some of Europe’s largest copper and zinc mines expects President Donald Trump’s plans to spend on US infrastructure to have much less impact on base-metal prices than the needs of burgeoning middle-class populations in emerging markets. That’s because projects in the US and other... 

High noon approaches for Centerra, Kyrgyz disputes as cash reserves dwindle

By: Henry Lazenby     25th February 2017 A resolution to the drawn-out dispute between Canadian gold producer Centerra Gold, the Republic of Kyrgyzstan and State miner Kyrgyzaltyn could potentially be reached by mid-year, the multinational miner said in its year-end results statement issued late on Thursday. Centerra, which in January... 

New mining contractor at Botswana diamond mine

By: Martin Creamer     25th January 2017 Mining contracting company Aveng Moolmans is building on its 15-year presence in Botswana with its latest appointment – at Lucara's Karowe diamond mine.  It has been appointed for a six-year period to provide mining services that include all drill, blast, load and haul functions for both ore and... 

Ecuador approves EIS for Lundin Gold’s Fruta del Norte project

By: Creamer Media Reporter      14th October 2016 The government of Ecuador has approved the environmental-impact statement (EIS) for TSX- and Nasdaq Stockholm-listed Lundin Gold’s Fruta del Norte project. “This is a significant accomplishment for the company and the development of Fruta del Norte. The next and final step in the environmental... 

Swedish fuel cell company grows management team

16th September 2016 Fuel cell company PowerCell Sweden last month announced that it would strengthen its management team to enhance customer focus and further strengthen the company’s product development process, owing to steady growth in Swedish and international markets. The company’s products are distributed in... 

WorleyParsons RSA participates in development of new ISO mining standard

12th August 2016 Project delivery company WorleyParsons RSA participated in two workshops to develop a new ISO standard – ISO 19426 Design of structures for the mining industry – held in Stockholm in June last year and in Dubai in January 2016. A further meeting is planned for October which is to be held in... 

Centerra Gold delivers notice of arbitration to Kyrgyz government

By: Samantha Herbst     31st May 2016 After receiving two court rulings from Kyrgyz courts last week against its wholly owned subsidiary Kumtor Operating Company (KOC) for alleged environmental infractions at its eponymous mine, TSX-listed Centerra Gold this week delivered a notice of arbitration to the Kyrgyz government in relation... 

Volvo CE Signs Machine Control Integration Agreement with Trimble

18th April 2016 Trimble and Volvo CE announced today an integration agreement focusing on establishing a Trimble 3D machine control solution that will seamlessly integrate with Volvo Dig Assist 2D machine control on Volvo excavators. The announcement was made at bauma 2016, the world’s leading trade fair for... 

Improved mine planning software in spring

7th April 2016 New Model Interpolation Tool, enhanced functionality in QAQC, and updates in MineSight 3D Hexagon Mining today introduces a bundled update of its mine planning software, MineSight. A new tool for model interpolation, a major usability update for QAQC, and MS3D improvements feature in the spring... 

Locally developed rail transport system to be deployed in 2016, in line for major award 

By: Ilan Solomons     13th November 2015 The Futran rail transport system of local transportation technology company Milotek, an Imperial Group company, could be in commercial use on a mine in Southern Africa by January 2016. Milotek CEO Andries Louw says that over the past two years, the system has developed from concept and design to... 

Orex Minerals and Agnico Eagle Mines close Swedish JV deal

By: Henry Lazenby     11th June 2015 Canadian exploration firm Orex Minerals has closed a joint venture deal with miner Agnico Eagle Mines to develop the Barsele gold project, in Sweden, which is billed as one of Scandinavia's best mineral projects. Agnico acquired a 55% interest in a corporate entity that owned the project for... 

SSAB´s vision - a stronger, lighter, and more sustainable world 

19th September 2014 SSAB is a Nordic and US-based steel company with a global reach and cost-efficient and flexible production system. SSAB is a leading producer on the global market for Advanced High Strength Steels (AHSS) and Quenched & Tempered steels (Q&T), standard strip, plate and tubular products, as well as... 

1994 – 2014: From a traditional lock company to a global leader in door opening solutions

23rd June 2014 From humble beginnings as a traditional lock manufacturer supplying the Nordic region, ASSA ABLOY celebrates 20 years as a global leader in total door opening solutions. 1994, the year that South Africa celebrated its first free and democratic election, ASSA in Sweden and Abloy in Finland merged... 

Exploration Success Improving In The Nordics

21st November 2013 Worldwide exploration is currently barely one-third the level of end-2011, but there is encouraging news from the Nordic countries of Denmark, Finland, Greenland, Iceland, Norway, Sweden and the associated island territories. New resources reported last year in the Nordic region increased for... 

Mining equipment makers rise to efficiency challenge

By: Reuters     20th June 2013 Mining equipment manufacturers are making improvements to machinery that they hope will deliver productivity gains for customers and counter falling orders. Under pressure from investors for higher returns, miners want to get the most out of every shovel, grinder and truck to help maintain... 


By: Martin Creamer     14th June 2013 This month’s visit of National Committee of the Chinese People's Political Consultative Conference chairperson Yu Zhengsheng, left, to Sweden, saw Falun Gong members protest what they called14 years of persecution. Atlas Copco CE Ronnie Leten is seen, right, with a mining drill in the background.... 

Company Announcement: Atlas Copco launches the Explorac 100 reverse circulation drilling rig

By: Creamer Media Reporter      28th May 2013 Atlas Copco’s new Explorac 100 is a reverse circulation drilling rig designed specifically for exploration drilling to depths of 100–200 meters 

Company Announcement: Atlas Copco Features Underground Mining Equipment at the 2012 MINExpo in Las Vegas

22nd January 2013 Atlas Copco introduced their world class equipment, technology and systems at the MINExpo in Las Vegas in September 2012 

Company Announcement: Nordic Mining Hits New Heights

5th November 2012 The Nordic countries of Norway, Sweden, Finland and Greenland are the most important producers of iron ore in Europe; and are among the continent's top producers of lead, zinc, copper, gold, silver and coal 

Study identifies Sandvik, Altas Copco as leading suppliers of underground mobile equipment

By: Leandi Kolver     12th October 2012 A report released by business-intelligence supplier IntierraRMG in September stated that global industrial group Atlas Copco and global high-technology engineering group Sandvik were the market leaders in underground mining mobile equipment, with mining equipment manufacturer Caterpillar being... 

Partnership to help expand Asian footprint

By: Zandile Mavuso     28th September 2012 Supplier of business intelligence to the global resources sector, Intierra Raw Materials Group (RMG), hopes to become more well known in the Asian mining industry as a provider of data, maps and consulting services. The group was formed at the beginning of this year from a merger of Perth-based... 

Company Announcement: Drill Testing of Copper-Gold Targets Commences

4th July 2012 Hannans Reward Ltd has commenced a 1,200 metre diamond drilling program at its 100% owned Särksjön copper-gold project located 800km northwest of Stockholm, Sweden. 

Svartliden mine, Sweden

By: Sheila Barradas     25th May 2012 The Svartliden mine is located 700 km north of Stockholm, in Sweden. 

Company Announcement: Atlas Copco awarded very large order in South Africa

17th May 2012 Atlas Copco has received one of its largest orders ever in South Africa, to deliver Pit Viper 351 blasthole drilling rigs for around R 290 million to Kumba Iron Ore, a unit of Anglo American, one of the world’s largest mining companies.  

Company Announcement:Atlas Copco opens a customer centre in Mozambique

23rd April 2012 Atlas Copco has decided to open a new customer centre in Mozambique, strengthening its presence in the country and increasing the support for local customers. 

Company Announcement: The Russians are coming

7th March 2012 Recent new oil and gas discoveries all over Africa are attracting investors and developers from around the world. Russia is the latest country to show an active interest in the continent’s oil and gas industry. The country will be sending a trade delegation to attend Oil & Gas Africa 2012, which... 


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