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The financier Rolf Nordstrom is selling a 50% stake in Europe's second biggest gold mine, Bjorkdalsgruvan, Sweden, to International Gold Exploration (IGE).
The estimate of the mine's gold reserves has been increased from 31,000 to 40,000 kg, which is equivalent to a market value of SKR 3.7 bn.
IGE is now considering floating the company on the Stockholm stock exchange.
Two years ago Bjorkdalsgruvan's owner Terra Mining went into …