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Reportedly, Evrell has resigned to focus on other and this advance announcement is made in order to secure a good continuation for Boliden.
Jonsson replaces Bjorn Koorem, the current general manager of Aitik, who is leaving Boliden.
Boliden said the acquisition of Kevitsa is consistent with its growth strategy.
Boliden is headquartered in Stockholm, Sweden, and currently operates mines in five mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti in Finland; and the Tara mine in Ireland.
By implementing `One Boliden Workplace, we expect to improve End User Experience, flexibility and reduce costs by using one corporate standard across our operations.
The repayments will be made between 2017 and 2020, Boliden said.
The contract has been signed to sell Endomines Oy's flotation gold concentrate production from the Pampalo Gold Mine to Boliden.
The results show stable development by the Garpenberg and Boliden Area mineral resources, among others, and include the addition of two new inferred mineral resources for 2012, Laver and Rockliden.
According to Boliden, this acquisition is in line with its strategy and constitutes an opportunity to expand its operations with a high-quality mine that is a good fit for Boliden, both operationally and geographically.
On 10 March 2016, Boliden signed an agreement with First Quantum to buy the Kevitsa nickel- and copper mine in northern Finland.
This new process is of great importance for Boliden Kokkola since it will improve both profitability and raw material efficiency.
The Swedish company Trelleborg AB, through its mining arm Boliden is one of the few that is among the leaders in all four categories of metals.
The increased investments in exploration in recent years have, together with higher expectations of future metal prices, had a positive effect on the Boliden Group's mineral resources and mineral reserves*.
M2 EQUITYBITES-June 2, 2016-Sweden's Boliden Closes USD 712m Acquisition of Kevitsa Mine in Finland
Metals company Boliden (STO:BOL) (TSX:BLS) announced on Thursday that it will invest in a new more efficient acid plant, using best available technology at its Boliden Harjavalta smelter.
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- Bolger, James
- Bolger, James (Brendan)
- Bolger, James (Brendan)
- Bolger, Ray
- Boliden Westmin Canada Limited
- Bolin Creek Watershed Restoration Team
- Bolin, Jane Matilda
- Bolinas Community Public Utility District
- Bolinas Lagoon Technical Advisory Committee
- Boling Center for Developmental Disabilities
- Bolinga Black Cultural Resources Center
- Bolingbroke, Henry
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- Bolingbroke, Henry St. John, Viscount
- Bolingbrook Youth Baseball League
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- Bolinteanu, Dimitrie
- Bolitho Principle
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