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Mining Equipment Makers Sandvik, Epiroc Fall as Orders Slow

Bloomberg Markets Friday 17 July 2026, 10:28 UTC By Chloé Meley 1 min read
Key Points

Mining Equipment Makers Sandvik, Epiroc Fall as Orders Slow Shares in mining equipment manufacturers Sandvik AB and Epiroc AB fell as a slide in precious metal prices since the start of the year weiged on orders. Both Swedish industrial companies, which provide the machines and aftermarket services used in mines around the world, had been beneficiaries of soaring copper, gold and silver prices at the beginning of the year. Gold fell 14% in the second quarter, its worst showing since 2013,...

Mining Equipment Makers Sandvik, Epiroc Fall as Orders Slow Shares in mining equipment manufacturers Sandvik AB and Epiroc AB fell as a slide in precious metal prices since the start of the year weiged on orders. Both Swedish industrial companies, which provide the machines and aftermarket services used in mines around the world, had been beneficiaries of soaring copper, gold and silver prices at the beginning of the year. Gold fell 14% in the second quarter, its worst showing since 2013, while silver is down nearly 23% year-to-date.
Mining Equipment Makers Sandvik (ORG) Epiroc Fall (ORG) Sandvik AB (ORG) Epiroc AB (ORG) Swedish (ORG)
Originally published by Bloomberg Markets Read original →

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