Swedish Sandvik, which makes metal-cutting tools and mining gear, reported record-high quarterly earnings and orders on Tuesday on the back of a broad rise in demand, with its mining unit a particular stand-out
SANDVIK Mining News
The RR441 provides excellent bearing life, simplification of the bearing system, improvements in air flow and wear protection in soft rock applications.
The underground LTE is a part of the mine’s technology infrastructure and creates productivity gains and improves process efficiency and effectiveness.
The fully automated underground section of the mine is scheduled for commissioning in late 2018.
Sandvik said on Friday it was buying the French software company from private equity firm Astorg Partners.
Its shares are still up more than 10 percent in 2018, outperforming a flat European industrial sector index.
3D printing, also known as additive manufacturing, is a process of making three-dimensional solid objects from a digital file and Sandvik wants to use it for scale production.
The new 3-tonne narrow-vein loader (LHD) offers reliability, productivity and increased safety that has not previously been seen in its size class globally.
AutoMineTM Tele-Remote provides an easy way to start exploring the full potential of Sandvik equipment automation while improving productivity, safety and cost efficiency in mining operations.
Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year.
Miners have begun spending in equipment again, the Swedish firm's results show.
Sandvik Mining and Rock Technology and IBM to develop new data driven productivity and predictive maintenance offerings to the mining and rock excavation industry
A collaboration that will bring Advanced Analytics to the mining and rock excavation Industry
Expected increased in the adoption of alternative energy sources by the country's gold sector to be boosted by recently passed regulations, such as the carbon tax.
The innovation is expected to eliminate all greenhouse gases associated with the movement of ore and waste rock, equal to 5,000 tons of CO2 per year.
The strategic alliance builds on Sandvik’s leadership in mining equipment and MICROMINE’s expertise in underground production operations management.
Sandvik has signed an agreement to divest its Mining Systems operations, reported in the Sandvik income statement as discontinued operations, to the private equity company CoBe Capital.
Solving a problem a customer experienced when drilling in abrasive rock conditions has led to a groundbreaking new design for drill bits.
On the 5th of September, the AusIMM Southern Queensland Student Chapter (SQSC) held the chapter’s annual BHP Billiton Local Mining Games at The University of Queensland’s Experimental Mine in Indooroopilly, a suburb of Brisbane.
Part of the firm's CH800 series of mining cone crushers, the two models aim to help improve productivity and profitability in the mid-range segment.
The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.
Metso's Q3 mining and construction orders fell 19%. Sandvik's net profit fell 22%.
The YukonMine Training Association (YMTA) in Canada has taken their training initiative to the next level with the introduction of two new Cybermine surface and underground mining simulator systems. The YMTA is a partnership between the Yukon Territory’s […]
Garden and construction equipment maker Husqvarna has acquired the assets and operation relating to products for the construction industry within Sandvik Nora AB (previously Hagby Asahi AB), a company within Sandvik's Mining and Construction business […]
“Demand for Sandvik’s products remained high in all markets during the first quarter. Order intake increased in price and volume by 8%, amounting to SEK 25 billion. Invoiced sales increased in price and volume by […]
The Disciplinary Committee at the OMX Nordic Exchange Stockholm has ruled that Sandvik AB must be considered to have contravened the listing agreement in conjunction with the divestment of the subsidiary Edmeston AB…more at Sandvik.com