DANNEMORA MINERAL 2009 ANNUAL REPORT DANNEMORA ANNUAL REPORT ANNUAL REPORT ANNUAL REPORT Group offi ce Dannemora Mineral AB 09 Visiting address: Svärdvägen 7 09 Postal address: Box 627 09 SE - 182 16 Danderyd Tel +46 (0)295-244 400 CONTENTS Fax +46 (0)8-753 43 90 E-mail
[email protected] Mine Offi ce 2009 Highlights 5 Dannemora Mineral AB Dannemora Mineral in brief 6 Visiting and postal address: Storrymningsvägen 5 CEO's report 8 SE - 748 30 Österbybruk Corporate governance 10 Tel +46 (0)295-244 400 Risk analysis 11 Fax +46 (0)295-244 404 E-mail
[email protected] The Dannemora share & ownership 12 Five-year overview 14 Key fi nancial ratios 15 Board, management and auditor 16 DANNEMORA IRON ORE MINE 20 Due diligence 22 Trial deliveries 23 ANNUAL GENERAL MEETING Products 24 will be held at 4 p.m. on The steel and iron ore markets 26 3 May 2010, at Wenströmsalen, Our market 31 IVA Conference Centre, Geology and iron ore deposits 32 Grev Turegatan 16, Stockholm. Mineral resources and ore reserves 34 Investment activities in 2009 36 Planned investment activities 39 REPORTS Sustainability report 40 INTERIM REPORT OTHER ACTIVITIES January - March 2010 Wednesday 28 April, 2010. Exploration/Riddarhyttan fi eld 42 Other exploration permits 44 INTERIM REPORT January - June 2010 Other base and precious metal projects 45 Wednesday 25 August, 2010. Property management 46 FINANCIAL REPORTS - CONTENTS 49 INTERIM REPORT January - September, 2010 History 75 Wednesday 27 October, 2010. Glossary 76 www.dannemoramineral.se photos Mikael Eriksson & Tommy Persson (unless otherwise indicated) backcover cover photo photo Jens JensAndersson, Andersson, Bergteamet Bergteamet 3 production Crussell & Company, text Anne Crussell, design Peter Widell printed by Mixi Print THE YEAR IN PICTURES 09 GLOSSARY ̇ JORC Probable ore reserve Code for Reporting of Exploration Results, Mineral Resources The calculated quantity and grade of the probable mineral and Ore Reserves.