Swiss court upholds corruption ruling against mining magnate Steinmetz
Mining News Pro - A Swiss appeals court said on Tuesday it had upheld a guilty verdict for corruption against mining magnate Beny Steinmetz, who was sentenced in Geneva two years ago in one of the mining industry’s most high-profile legal disputes.
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Swiss steel mill readies for shorter hours as energy bills soar
Mining News Pro - Swiss steel mill Stahl Gerlafingen has gained regulatory approval to put staff on shorter working hours to contend with soaring energy bills that will cost in a month what they normally cost in a year, the NZZ am Sonntag paper reported.
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Swiss gold refiners say they didn’t import mystery Russian metal
Mining News Pro - The industry association for Switzerland’s gold refiners said its members didn’t import gold from Russia last month, raising questions about who bought the country’s precious metals.
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Swiss gold refiners to resume work, easing supply constraints
Mining News Pro - Three of the world’s biggest gold refineries said they will partially reopen after a two-week closure that disrupted the global supply of the metal.
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Sandvik CEO leaves company to lead Swiss ABB’s overhaul
Mining News Pro - Sandvik’s (STO: SAND) chief executive officer, Bjorn Rosengren, is leaving the Swedish mining equipment maker in November to lead Swiss engineering giant ABB (SWX: ABBN), which is in the midst of a major overhaul that would leave it more focused on robotics and automation.
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