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.
SANDVIK Mining News
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
Sandvik has reached an agreement with the major shareholders of the Norwegian company Teeness ASA to acquire 92.55% of the shares in the company. The acquisition price amounts to approximately SEK 197 per share (NOK […]
Australian Mining Journal reports that Barrick Gold is upgrading its underground load and haul fleet at Darlot, one of six mines in Western Australia, with the aim of increasing overall output from fewer, more efficient, […]
Most stone quarries are created by starting at ground level and excavating down into the earth. Nonetheless, there are a small number of quarries that are started high above ground level on a mountain or […]