SANDVIK Mining News

Strong demand powers Sandvik Q2, but inventory concerns weigh on shares

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

The new Sandvik RR441 provides superior performance, reliability and longevity

The RR441 provides excellent bearing life, simplification of the bearing system, improvements in air flow and wear protection in soft rock applications.

Sandvik books first-ever AutoMine order to run on an underground LTE network

The underground LTE is a part of the mine’s technology infrastructure and creates productivity gains and improves process efficiency and effectiveness.

Resolute’s Syama gold mine in Mali to be fully automated

The fully automated underground section of the mine is scheduled for commissioning in late 2018.

Sweden's Sandvik to buy Metrologic in digital manufacturing push

Sandvik said on Friday it was buying the French software company from private equity firm Astorg Partners.

First-quarter profit rise at Sweden's Sandvik marred by mining miss

Its shares are still up more than 10 percent in 2018, outperforming a flat European industrial sector index.

Sandvik invests $25 million to boost use of metal 3D printing

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.

Sandvik LH202 improves narrow-vein loading safety and productivity

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.

Sandvik adds new intelligent solution to its industry-leading AutoMineTM portfolio

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.

More than 200 workers to go at Sandvik Materials Technology unit

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.

Sandvik starts the year with better-than-expected profit

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

Canada's gold miners to embrace green energy to control costs

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.

Canada’s Goldcorp to make Borden an all-electric mine

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.

MICROMINE and Sandvik Group sign strategic agreement in Russia

The strategic alliance builds on Sandvik’s leadership in mining equipment and MICROMINE’s expertise in underground production operations management.

Sandvik signs agreement to divest its Mining Systems operations

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.

Sandvik reinvents top hammer drill bit design

Solving a problem a customer experienced when drilling in abrasive rock conditions has led to a groundbreaking new design for drill bits.

BHP Billiton AusIMM Southern Queensland Student Chapter Local Mining Games 2015

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.

Sandvik unveils new mid-range mining crushers

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.

Sandvik relocates global equipment unit to India and China

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.

Suppliers Metso, Sandvik still hurting from slowdown

Metso's Q3 mining and construction orders fell 19%. Sandvik's net profit fell 22%.

Northern Canadian First Nations Train with Mining Simulators

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 […]

Husqvarna buys diamond-tool operation

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.

“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 […]

Sandvik comments on ruling by Disciplinary Committee

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