Boliden (OM:BOL) just made a strategic move that is sure to catch the eye of investors watching the Nordic mining sector. The company has decided to pull out of its earn-in and joint venture agreement with District Metals Corp. on the Tomtebo and Stollberg base metal properties in southern Sweden. While Boliden gives up the option to earn a majority stake in Tomtebo, it walks away with 100% control over Stollberg, reshaping both companies’ exploration footprints. The shift hints at a...
If you hold shares of Volvo Car AB (publ.) (OM:VOLCAR B), the latest sales numbers may have caught your eye. The company just announced that both monthly and year-to-date car sales have dropped compared to last year, a signal that is likely weighing on investor minds. With 48,029 cars sold in August against over 52,000 the prior year, and an even larger shortfall when looking at totals through August, some are wondering what this means for Volvo's future momentum and for their own...