Business Chief US+CAN Magazine December 2015 | Page 45

KLONDEX MINES LTD .
MINING
“ We were able to raise more than $ 100 million , which is very uncommon of for a company our size , especially in this environment ,” explained Huet . “ We never gave up . We were able to get all the right people on board , and connect with all the right partners .”
As a result of that persistence , Klondex acquired the Midas Property in February 2014 from Newmont Mining , which included the underground gold and silver mine , the Merrill Crow processing facility , related support infrastructure and mining and milling equipment .
“ The acquisition of Midas would not have been possible without Paul ’ s past experience and relationships in the mining sector ,” said John Seaberg , Senior Vice President , Investor Relations for Klondex .
The portal to the Fire Creek project in Northern Nevada

SUPPLIER PROFILE

Employees : 12,000 Established : 1862 Industry : Sandvik Mining is a business area within the Sandvik Group and a leading global supplier . of equipment and tools , service and technical solutions for the mining industry . Services : The offering covers rock drilling , rock cutting , rock crushing , loading and hauling and materials handling . In 2014 sales were about 27,000 million SEK . Management : Björn Rosengren - CEO Sandvik , Scot Smith , - President Sandvik Mining , Paul Painter- US Sales Area Manager Sandvik Mining Website : www . mining . sandvik . com

SANDVIK MINING

www . klondexmines . com 45