Svenska Bergsbruk
Svenska Bergsbruk was a Swedish mineral exploration and mine-development company, formerly known as Wiking Mineral AB.
Last updated August 31, 2026
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Overview
Svenska Bergsbruk AB was a Swedish junior mining company focused on mineral exploration and the development of future mining operations. The company operated under the name Wiking Mineral AB until it pursued a name change in 2016. Its activities centered on base and precious metal deposits in Sweden, particularly in the historically significant Bergslagen mining district and in northern Swedish exploration areas. Founded in 2005 by Patrik Brinkmann and Görgen Edefors, the company moved quickly into public-market financing and exploration. It raised new equity in 2006, began exploration work, and was admitted to AktieTorget the same year under the symbol WIKM. A further equity issue followed in 2007, alongside acquisitions of Noble Metals Exploration AB and Mineralprospektering i Bergslagen AB. These transactions expanded the company’s project portfolio and consolidated exploration assets under the parent company. The company’s work involved a range of exploration methods, from surface investigations and geological surveys to core drilling and deeper exploration. Its portfolio included projects at different stages of maturity, including areas with known mineralization and projects requiring further technical evaluation. Reported discoveries during the late 2000s included zinc and lead mineralization at Myssfallet in the Saxåfältet area and gold mineralization at Bastutjärnen near Boliden. The company also pursued projects at Gruvbergsfältet in Leksand Municipality and the Rörbergsfältet area, including Vindfall and Sörtärnan near Gävle and Sandviken. Vindfall became the central project in the company’s development strategy. It was described as a shallow lead, zinc and silver deposit and was regarded by the company as its most promising asset. In 2014, Svenska Bergsbruk received a mining concession for Vindfall and entered into an agreement to acquire a mineral-processing plant, steps that indicated an ambition to move beyond exploration toward production. The company also resumed drilling at Gladhammar near Västervik after geophysical work suggested greater potential than previously believed. The business remained small and depended heavily on external expertise. In 2013 it reportedly had an average of two employees and two consultants, with an intention to bring more capabilities in-house as projects approached processing and potential mining. In July 2014, the company reported a portfolio of 34 exploration projects in and outside established mineral-deposit areas, as well as mining concessions at Gladhammar and Vindfall. Svenska Bergsbruk also became controversial because of reported connections between the company and far-right political circles. In 2016 it applied to change its name from Wiking Mineral to Svenska Bergsbruk. Chief executive Torgrim Svensson said the new name reflected a change in direction and that several individuals associated with far-right politics no longer held formal positions. The rebranding did not resolve the company’s financial and operational difficulties. It filed for bankruptcy in November 2017; the bankruptcy was subsequently canceled after creditors were paid. The company then entered liquidation proceedings at the end of 2018, which were still reported as ongoing in January 2023. It is therefore best treated as a defunct or non-operating corporate brand rather than an active mining business.
History
Svenska Bergsbruk originated as Wiking Mineral AB, a Swedish junior mineral exploration company founded in 2005 by Patrik Brinkmann and Görgen Edefors. Its business model was based on acquiring or assembling exploration properties, testing them through geological work and drilling, and advancing the most promising deposits toward mining and mineral processing. The company raised outside capital in 2006 and began exploration activities while obtaining a listing on AktieTorget, the Swedish alternative trading venue now known as Spotlight Stock Market. In 2007 it conducted another financing and acquired Noble Metals Exploration AB and Mineralprospektering i Bergslagen AB. The acquisitions were subsequently integrated with the parent company, broadening its Swedish exploration base. During the late 2000s, Wiking Mineral pursued continuous core-drilling and other exploration programs. Reported results included zinc and lead mineralization at Myssfallet in the Saxåfältet area and gold mineralization at Bastutjärnen near Boliden. The company later acquired Nordic Resources AB, formerly Havilah Mining AB, and merged that business into the parent company in 2011. Its portfolio covered both established mineral areas and targets requiring additional investigation. The company’s principal geographic focus was Sweden, especially the Bergslagen region, an area with a long history of metal mining. Important properties included Gruvbergsfältet in Leksand Municipality, associated with zinc and lead, and the Rörbergsfältet area in Gävleborg County, including Vindfall and Sörtärnan. Vindfall, near Gävle and Sandviken, was a shallow lead, zinc and silver deposit that the company regarded as its leading development opportunity. The company experienced financial and organizational pressure as it attempted to move its projects forward. A planned rights issue was canceled in 2013, followed by a proposal to creditors and a private placement intended to support a reorganization. Operations continued, however, and in 2014 the company resumed drilling at Gladhammar near Västervik after geophysical analysis indicated more potential than earlier assessments had suggested. It also secured a mining concession for Vindfall and signed an agreement relating to a mineral-processing plant. Wiking Mineral operated with a very small internal workforce. In 2013, its reported average staffing consisted of two employees and two consultants. The company relied substantially on outside technical specialists, with a stated intention to build more internal capacity if projects reached the processing stage. By July 2014, it described a portfolio of 34 exploration projects and two mining concessions. The corporate identity became contentious because of reported connections to far-right political groups. In 2016 the company applied to change its name to Svenska Bergsbruk AB. According to chief executive Torgrim Svensson, the new name represented a strategic change and followed the removal of several people associated with far-right politics from formal company positions. The controversy formed an important part of the brand’s public history even though the business remained focused on mineral exploration. In November 2017 Svenska Bergsbruk entered bankruptcy. The bankruptcy was later annulled after creditors were paid, but the company then proceeded into liquidation at the end of 2018. The liquidation was still described as ongoing in January 2023. No evidence in the supplied material indicates that the company resumed ordinary commercial mining operations, so the brand is treated as defunct and its projects as historical assets rather than active offerings.
- 2018
Liquidation proceedings began
[1]After the bankruptcy was canceled following payment of creditors, the company entered liquidation proceedings at the end of the year.
- 2017
Bankruptcy filing
[1]Svenska Bergsbruk filed for bankruptcy in November.
- 2016
Name changed to Svenska Bergsbruk
[1]The company applied to replace the Wiking Mineral name with Svenska Bergsbruk AB.
- 2014
Vindfall concession and Gladhammar drilling
[1]The company received a mining concession for Vindfall, resumed drilling at Gladhammar, and signed an agreement concerning a processing plant.
- 2011
Nordic Resources merged into the company
[1]Nordic Resources AB, formerly Havilah Mining AB, was acquired and merged with the parent company.
- 2009
Mineralization discoveries reported
[1]The company reported zinc and lead mineralization at Myssfallet and gold mineralization at Bastutjärnen, among other exploration results.
- 2007
Exploration subsidiaries acquired
[1]Noble Metals Exploration AB and Mineralprospektering i Bergslagen AB were acquired and merged into the parent company.
- 2006
Exploration began and shares were admitted to AktieTorget
[1]The company commenced exploration activities and became publicly traded on AktieTorget under the symbol WIKM.
- 2005
Company founded as Wiking Mineral AB
[1]Patrik Brinkmann and Görgen Edefors founded the mineral exploration company that later became Svenska Bergsbruk.
Products and positioning
A Swedish junior mining and mineral-development company positioned around the identification, evaluation, and advancement of base- and precious-metal deposits toward possible commercial extraction.
Mining and exploration project
Vindfall
Vindfall was the company’s principal development project, located near Gävle and Sandviken in Sweden. It was described as a shallow lead, zinc and silver deposit and was considered the company’s most promising asset. Svenska Bergsbruk intended to advance it toward active mining and obtained a mining concession in 2014. The company also entered into an agreement involving a mineral-processing plant, indicating an effort to prepare for a possible transition from exploration to processing.
Mining and exploration project
Gladhammar
Gladhammar, near Västervik in southeastern Sweden, was one of the company’s mining and exploration areas. In 2014 the company resumed drilling after a geophysical investigation suggested that the site had greater potential than previously understood. The project formed part of the company’s effort to maintain a broad portfolio while advancing selected properties toward development.
Mineral exploration area
Gruvbergsfältet
Gruvbergsfältet in Leksand Municipality, Dalarna County, was an exploration area associated primarily with zinc and lead targets. It formed part of the company’s broader Bergslagen portfolio, which combined projects in areas with established mining histories and targets requiring additional geological work.
Mineral exploration area
Rörbergsfältet
Rörbergsfältet in Gävle Municipality included the Vindfall and Sörtärnan areas and was associated with zinc, lead and silver exploration. The district was central to the company’s Swedish project portfolio and included the Vindfall asset that later received a mining concession.
Controversies
2014
Reported ties to far-right political groups
Svenska Bergsbruk’s predecessor, Wiking Mineral, became controversial because of reported links between the company and far-right political circles. The issue remained part of the company’s public profile and was cited in the context of its later rebranding.
Brand decisions
2017
Bankruptcy filingOtherBackground
The company’s exploration and mine-development business did not achieve a sustainable operating position.
Action taken
Svenska Bergsbruk filed for bankruptcy in November.
Aftermath
The bankruptcy was later canceled after creditors were paid, but the company entered liquidation proceedings at the end of 2018.
2016
Rebrand from Wiking Mineral to Svenska BergsbrukStrategyBackground
The company faced controversy concerning reported links to far-right political groups and said its direction was changing.
Action taken
The company applied to change its name to Svenska Bergsbruk AB, while stating that several politically controversial individuals no longer held official positions.
Aftermath
The rebranding was followed by bankruptcy in 2017 and liquidation proceedings from the end of 2018.
2014
Advance Vindfall toward mining and processingStrategyBackground
Vindfall was regarded as the company’s leading lead, zinc and silver project.
Action taken
The company secured a mining concession and signed an agreement concerning a mineral-processing plant.
Aftermath
The planned transition from exploration to production did not result in an operating mine before the company entered bankruptcy and later liquidation.
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