Sotkamo Silver AB Sotkamo Silver AB is a Swedish mining and ore prospecting company that develops and utilizes mineral deposits, primarily focused on silver, gold, zinc, and lead in the Kainuu region of Finland. The company operates the Taivaljarvi silver mine in Sotkamo, Finland, where it extracts ores and processes them into high-quality concentrates sold to smelters under supply agreements; it also holds mining and exploration rights for nearby deposits supporting green transition metals like silver used in solar panels and electric vehicles. Sotkamo Silver Group comprises the parent Sotkamo Silver AB and its wholly owned subsidiary Sotkamo Silver Oy, with listings on NGM Main Regulated in Stockholm, Nasdaq Helsinki, and Börse Berlin; founded in 1983 and headquartered in Stockholm, Sweden, it maintains operations in Finland including offices in Oulu and Sotkamo.
In recent developments, the company issued new shares and convertibles following an exchange offer concluded in August 2025, advanced refinancing efforts including a senior loan repayment by its subsidiary, and selected a new mining contractor to commence underground operations on January 1, 2026, to enhance production capacity amid technical challenges. Sotkamo Silver revised its 2025 production guidance downward to 0.8-0.9 million ounces of silver with a 16% EBITDA margin due to early-year mining constraints, while continuing life-of-mine exploration drilling started in September 2024. These initiatives aim to improve long-term output and financial stability, targeting net debt-to-EBITDA below 2.5 by year-end.