SANDVIK Mining News

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

Sandvik acquires Norwegian producer of anti-vibration tools

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 […]

Barrick Gold is upgrading its underground load and haul fleet at Darlot

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, […]

Leveling the Playing Field

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 […]