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Endomines AB reports Appointment of interim CEO

Endomines AB started the recruitment for a permanent CEO in the summer 2021 after Marcus Ahlström, Interim CEO and CFO of the company had informed the Board that he will be stepping down in October.

The recruitment process has proceeded very well and as planned. The company anticipates being able to appoint the new permanent CEO in the beginning of 2022.

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Hanna Hoikkala appointed Press Officer at SSAB

Hanna Hoikkala has a decade of journalism experience, and joins SSAB from news agency Bloomberg News, where she was a reporter covering parts of Nordic finance. Hoikkala´s background also extends to studies in biology and economics, among other topics.

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Metso Outotec teams up with Mining and Construction Equipment Sweden and Värnamo Krosskonsult

Metso Outotec has signed a distribution contract with Mining and Construction Equipment Sweden AB and Värnamo Krosskonsult AB. The two companies will sell in cooperation Metso Outotec’s mobile and stationary crushing and screening equipment as well as crusher wear parts for the mining and aggregate customers in Southern and Central Sweden. They will also provide service support such as start-ups and repairs in the regions. The contract has come into effect in April 2021.

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Endomines announces Change of Interim CEO

Endomines announces that Interim CEO Rauno Pitkänen has informed the Board of the Company that he will be retiring and resigning his position as of May 31, 2021. Deputy CEO Marcus Ahlström will take on the interim CEO position for now until the question of permanent CEO has been resolved.

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Investment in Expansion of Boliden Kristineberg in Sweden

Boliden has decided to invest SEK 1,250 m in expanding the Kristineberg mine towards the Rävliden mineralization. Most of the investment is conditional on a permit being received for an increase in production. The expansion is expected to contribute to an increase in milled volumes in the Boliden Area to 1.8 Mt.

“This is a very important step in future-proofing the entire Boliden Area. The expansion and modernization of the mine will take place in several stages, during which we will, of course, also evaluate opportunities for employing fossil-free technology. In parallel, we will continue with exploration efforts in the area,” says Stefan Romedahl, President of Business Area Mines.

Boliden has submitted an application for expanded production at the Kristineberg mine to the Swedish Land and Environment Court. At the same time, it has been decided to make preparatory investments in, among other things, infrastructure and water treatment. Conditional on the application being approved, Boliden will complete the investment, which includes a new ramp and a new crushing station. The investment amounts to SEK 1,250 m and production is expected to start in 2023. A completed expansion will mean, in addition to increased mine production, that the life of the Kristineberg mine will be extended and that capacity utilization in the Boliden Area’s concentrator will be improved.

Completed exploration of the Rävliden mineralization has resulted in 8.4 Mt of inferred and indicated mineral resources, with the possibility of additional reserves. The deposit contains copper, zinc, lead, silver and gold.

Source: Boliden

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