Earthquake at Boliden's Garpenberg mine again
A new earthquake has occurred at Boliden's mining area in Garpenberg, in Hedemora municipality, reports Södra Dalarnes Tidning.
BusinessA new earthquake has occurred at Boliden's mining area in Garpenberg, in Hedemora municipality, reports Södra Dalarnes Tidning.
BusinessThe Stockholm Stock Exchange closed the week sharply lower, as did leading European stock exchanges. Stockholm fell 1.1 percent, following a similar decline on Thursday.
BusinessMining group Boliden reports a profit increase in the first quarter. However, analysts had expected more. The company also lowers its forecast for enrichment at the Garpenberg mine.
BusinessAfter three days of gains, the Stockholm Stock Exchange lost ground and the broad OMXS index fell 1.3 percent in an oil-driven decline. Mining company Boliden fell sharply.
BusinessAbnormally high seismic activity has caused damage to the Garpenberg mine, leading to lower production and weaker financial results than expected, according to Boliden, the owner.
BusinessBoliden's Garpenberg mine near Hedemora was evacuated Saturday evening after high seismic activity was detected, P4 Dalarna reports.
Sweden