Arctic Star reports positive results from The Timantti Diamond project.
FINLAND Mining News
The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput by 25%.
Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.
The head of Finland’s energy department announced that the country will introduce legislation to phase out coal and increase carbon taxes
The division will be divided into two separate units beginning 2018 — Minerals Services and Minerals Consumables.
A large but troubled nickel mine in Finland may be back on the road to profitability thanks to a recent deal that saw commodities trader Trafigura take a 15.5 percent stake.
Finland's government decided Friday to grant new public funding for its troubled Talvivaara mine, cancelling a previous plan to permanently close what was once the European Union's biggest nickel mine.
The Finland-base supplier posted a lower-than-expected quarterly profit and new orders, as miners are not spending much on grinding mills and crushers.
Metso shapes the industry by introducing easier ways of buying, maintaining and operating aggregates equipment
Metso continues to meet its customers' needs and to shape the industry conventions by expanding its services offering for the aggregates industry with unique Life Cycle Services programs.
A Russian sales manager for Metso's automation division is said to have skimmed money off invoices and cycled the funds through several bank accounts and firms until they ended up in Panama.
Gécamines renews their confidence in Metso's complete plant design and installation for their aggregate production near Dakar, Senegal.
Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.
The cuts follow a number of reductions announced for the U.S. and Canada last year.
Criminal investigation of a Finnish conservation group requested by Vancouver-based Mawson Resources
The Vancouver-based miner claims the Finnish Association for Nature Conservation’s (FANC) Lapland chapter is willfully misleading the courts in its appeal of an exploration permit decision — a criminal act under Finnish law.
The closure, part of a major business restructuring, will affect about 80 people currently employed at the plant.
Metso and its peers in a Nordic cluster of mining gear suppliers, including Atlas Corp., Sandvik and FLSmidth have been squeezed by spending cuts among miners in the last three years.
The potash and oil-rich province was placed at the top of the Fraser Institute's annual rank of mining companies.
Affected by anemic iron ore prices, the Swedish firm joins an increasing number of miners that have fallen by the wayside.
Vast stretches of northern Europe’s wilderness will soon host more mining companies going ahead with several projects in the area.
The Finnish firm rejected a sweetened multibillion-dollar bid on the grounds that it was "significantly" undervalued and appeared "opportunistic."
The combined equipment manufacturer would be listed on both the London and Helsinki Stock Exchanges.
Arctic region's vast riches set to attract over $100 billion in investments over the next decade.
Other two Canadian jurisdictions —New Brunswick and Newfoundland and Labrador— also made it to the top 10 worldwide. Kyrgyzstan and Venezuela, named the two countries mining enthusiasts should stay away from.
Metso's Q3 mining and construction orders fell 19%. Sandvik's net profit fell 22%.
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.