25 September 2019, Zug. One of the world’s largest privately owned nickel producers has reached a milestone of having produced 300,000 tonnes of refined nickel since the group’s nickel operations first began. "In an industry dominated by large public corporations and legacy assets, we are proud...
August 28, 2018, Zug, Switzerland - Solway Investment Group celebrates 15 years of transformation at the Bucim DOO Radovish in North Macedonia. It was 2005 when Solway first invested in Macedonian assets by purchasing Bucim Mine - the only operating copper mine in North Macedonia that was...
In 2018, Solway had consolidated revenues of USD 536 million; Group EBITDA was USD 81 million with an EBITDA margin of 15%; Production costs increased to USD 457 million in 2018, up from USD 363 million in 2017 due to an 18% increase...
April 25, 2019 – Zug, Switzerland – Solway Investment Group GmbH (Solway) today announced that it has delivered a proposal to Euromax Resources Ltd. (TSX: EOX) (Euromax), which will address Euromax’s long-term financing and development requirements (the Solway Proposal) and provides feasible solution to the...
On December 12, 2018, Solway’s Macedonian subsidiary, Bucim DOO, officially launched preparatory works at the new Borov Dol mine. Development of Borov Dol is forecast to extend the life of the Bucim operation to at least 2028. Solway is planning to invest up to €50 million...
Zug, December 17, 2018. During the Salzburg Festival’s presentation of its 2019 program in Zurich last week, Solway Investment Group and the Salzburg Festival announced another year of their successful partnership. Solway Investment Group will financially support the Salzburg Festival’s Opera Camps for Children and...
Last week, a delegation of Solway’s Guatemalan Nickel Company (CGN), led by CGN’s manager for community affairs, Maynor Álvarez, participated in the international conference on Business and Human Rights in Izabal, Guatemala. The conference was held in Geneva, Switzerland. The conference was co-organized by the...
In May 2018, Campania Guatemalteca de Niquel (CGN) and Pronico - jointly referred to as Fenix project (Guatemala) - partnered with ERM Mexico, S.A. to evaluate progress made to date in the implementation of the Environmental, Social, Health and Safety (ESHS) best practices. Last week the...
Last week Solway's Macedonian copper and gold mine Bucim DOO - Radovish received the ore extraction permit for the new mine Borov Dol. The new license will extend the life circle of the currently operating mine Bucim for at least 10 more years. During the...
By obtaining the corresponding permit Bucim DOO indicates their commitment to follow strict discharge and emission limits and adhere to the agreed operational plan for compliance to all the environmental standards defined and signed by both - the local Ministry of Environment and the Company. Dozvola-A...
