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Endomines AB raises EUR 3.4 million Loan Facility

Endomines AB has placed EUR 3.4m loan with warrants to primarily Finnish institutional investors, including the Chairman of the Board of Endomines and the company’s CEO.

A loan facility amounting to EUR 3.4m have been placed with Finnish institutional investors. Among the investors are the Chairman of the Board and the CEO. The proceeds from the Loan will mainly be used for working capital need for the company and financing general corporate purposes of the Endomines group.

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SSAB: Actions taken due to the Covid-19 Situation

SSAB implements several short-term actions across the business to mitigate the effects of Covid-19 and the total annualized savings are estimated to exceed SEK 1 billion.

SSAB's annual general meeting (AGM) was held today, April 1, 2020, in Stockholm. The AGM resolved that no dividend will be paid for the financial year 2019.

During the first three months of the year the business has largely proceeded according to expectations. SSAB´s focus during the first quarter has been to reduce risks of spreading the Covid-19 virus, including measures to protect the health and safety of our personnel and at the same time sustaining operations.

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SMT Scharf AG significantly increases Revenues and Earnings in 2019 thanks to strong Business in China

  • Consolidated revenue of EUR 75.4 million well above previous year
  • Operating profit (EBIT) grows significantly to EUR 6.8 million
  • Strong business in China delivers strong revenue and earnings surge in Q4/2019
  • Progress of business in China in 2020 still dependent on China III approval
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Genoa’s new Bridge: Work pursues its Course on site strictest Measures adopted for Workers’ Safety

Work at the construction site of Genoa’s new bridge is pursuing its course following the completion of the piers and the installation of 750 m of the deck with the hoisting of the latest section over the railway. It is being done while rigorously respecting the strictest safety measures for workers and applying the most rigid regulations to protect the health of all direct and indirect employees.

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W.S. Tyler Equipment rebrands to Haver & Boecker Niagara

Haver & Boecker introduces its global mineral processing brand, Haver & Boecker Niagara, to North America. Haver & Boecker Niagara combines the long-term success of the Tyler brand in North America with Haver & Boecker’s worldwide engineering and application expertise to help customers address their screening challenges more efficiently and more profitably through a complete portfolio of innovative mineral processing technologies.

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Sandvik AutoMine - unmanned Haulage Robots for Underground and Surface Mining

Sandvik AutoMine® for Trucks is a first for autonomous ramp haulage applications in the underground mining industry, providing autonomous truck haulage not only in underground environments but now also on the surface. It turns Sandvik’s intelligent mining trucks into unmanned robots, robots that keep running.

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