DOCSLIB.ORG

Mineral Potential and On-Going Activity in Fennoscandia

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Mineral Potential and On-Going Activity in Fennoscandia Mineral potential and on-going activity in Fennoscandia Pekka A. Nurmi, PhD, Prof. Director, Science and Innovations Geological Survey of Finland with contributions by Pasi Eilu, Kaj Lax, Henrik Schiellerup Aitik Boliden photo mine; Copper Aitik The Nordic Countries Offer Great Opportunities on Top of Europe • Norway , Sweden and Finland are located in an ancient shield area, similar to Canadian and Australian shields • Active major mines • Fennsocandian Shield is yet under-explored • Potential for many commodities: base metals, ferrous metals, gold, platinum metals, high-tech metals (In, Li, Nb, REE, Sb, Ta, Te,...), industrial minerals, diamonds, … Major deposits in Fennoscandian Shield Current Exploration Interests in Fennoscandia Cu,Au,Ni,PGE Cu,Au Cu, Au,REE,Grf Au,Ni,REE Cu,Zn,Au,Be Au,Cu,PGE Au, Co,PGE Cu,Zn,Au Cu,Zn,Au Ni,Au Ti Au,Cu,Grf Au,Li,Ni,Zn Au,Cu,Ni,Zn REE,Nb,Cu,F,P Au Cu,Zn,Pb REE Why to Explore in the Nordic Countries? • Significant potential for new discoveries • Excellent geodata and infrastructure • Long mining tradition, know-how and services • Strict but clear mining and environmental legislation • Moderate exploration costs • Favorable and secure investment environment • Low corporate tax • Downsream industry and proximity to major markets GTK4 2016 NORWAY Major mines and exploration highlights Nussir Cu Skaland graphite Mines & Resource Company Projects Ørtfjell Fe Tellnes 100 Mt TiO2 (ilmenite) Titania Ørtfjell 200 Mt Fe Rana Gruber Engebø Skaland 600 kt C (flake) Skaland Graphite TiO2 Nussir 700 kt Cu, Ag, Au Nussir ASA Engebø 6 Mt TiO2 (rutile) Nordic Mining Plus numerous mines in carbonates, silica, olivine, and nepheline syenite Tellnes TiO2 Nussir – the largest copper deposit found in Norway Nussir: JORC compliant 66 Mt @1.16 % Cu, 0.13 g/t Au, 18.4 g/t Ag Ulveryggen: JORC compliant 7.7 Mt @ 0.81 % Cu Granted permit to deposit tailings into the local fjord Engebøfjellet rutile/eclogite deposit 154 Mt @ 3.8 % TiO2 Sweden Kiruna Major mines Malmberget Gruvberget Mine Resource Company Aitik Kiruna 455 Mt Fe LKAB Maurliden Kristineberg Björkdal Malmberget 240 Mt Fe LKAB Renström Aitik 5.7 Mt Cu, 11 Moz Au, 95 Moz Ag Boliden Kankberg Garpenberg 3.8 Mt Zn, 1.7 Mt Pb, 60 kt Cu, 1.2 Boliden Moz Au, 403 Moz Ag Zinkgruvan 2.2 Mt Zn, 0.9 Mt Pb, 0.2 Mt Cu, Lundin 72.5 Moz Ag Mining Garpenberg Kristineberg 0.9 Mt Zn, 31.5 Moz Ag, 0.1 Mt Cu, Boliden Lovisa 0.3 Moz Au, 75 kt Pb Zinkgruvan Renström 0.5 Mt Zn, 41 kt Cu, 100 kt Pb, 0.6 Boliden Moz Au, 31 Moz Ag Kankberg 0.6 Moz Au, 1.6 kt Te Boliden Björkdal 0.7 Moz Au Mandalay Gruvberget 21 Mt Fe LKAB Maurliden 58 kt Zn, 7 kt Cu, 5 kt Pb, 74 koz Au, Boliden 0.26 Moz Au Sweden Viscaria Mertainen Exploration highlights Nautanen Leveäniemi Kallak Project Resource Company Storuman Laver Laver 2.3 Mt Cu, 3.9 Moz Au, 106 Moz Ag Boliden Vindelgransele Norra Kärr 190 kt REO, Pre-Feasibility Study Tasman Metals Fäboliden Viscaria 609 kt Cu; Open at depth; Scoping Avalon Minerals Study; Exploitation Permits Fäboliden 743 koz Au; Exploitation Permit Dragon Mining Nautanen 227 kt Cu, 329 koz Au, Boliden 2.6 Moz Ag Storuman 2.8 Mt Fluorite; Exploitation Permit Tertiary Minerals Norra Kärr Leveäniemi 145 Mt Fe; Exploitation Permit LKAB Mertainen 136 Mt Fe; Exploitation Permit LKAB Kallak 41 Mt Fe Beowulf Vindel- 145 koz Au Botnia gransele Exploration Laver Porphyry Style Deposit Measured Resource: 1.1 Mt at 0.20% Cu, 0.11 g/t Au, 18 g/t Mo Indicated Resource: 512.4 Mt at 0.22% Cu, 0.13 g/t Au 36 g/t Mo Inferred Resource: 550.6 Mt at 0.21% Cu, 0,10 g/t Au, 33 g/t Mo Grid: 500 m Source: Boliden.com Norra Kärr Probable mineral reserve: 23.6 Mt at 0.592 % REO High proportion of heavy REE 500 m 11 GTK 2016 Source: Tasman Metals Finland Major mines Mine Resource Company Kittilä Mine 7.8 Moz Au Agnico-Eagle Kittilä Au Kevitsa Ni Kevitsa 765 kt Ni, 1 Mt Cu First Quantum Kemi 42 Mt Cr2O3 Outokumpu Kemi Cr Talvivaara 4.5 Mt Ni, 10 Mt Zn Terrafame Pyhäsalmi 100 kt Cu, 280 kt Zn First Quantum Talvivaara Ni Pyhäsalmi Siilinjärvi 61.5 Mt P2O5 Yara Cu-Zn Kylylahti 67 kt Cu, 170 koz Au Boliden Siilinjärvi P Kylylahti Cu,Zn Finland Exploration highlights Project Resource Company Kittila New lode 650 koz Au; Agnico-Eagle Deposit open at 1.9 km depth Kittila Au Sakatti Included in the 2016 core Anglo extensions Sakatti Ni,Cu portfolio of the company American Rompas Au Suhanko 9.5 Moz Pd, 2.4 Moz Pt Gold Fields Suhanko Pd Rompas– 6 m @ 617 g/t Au; Mawson Palokas 9.0 m @ 10.2 g/t Au Resources Kaustinen Li Sotkamo Sotkamo Ag 11 Moz Ag in reserves Sotkamo Silver Ag Kaustinen 114 kt Li2O Keliber Hammas- 5.6 m @ 3.2 % Cu; FinnAust Hammaslahti Cu,Zn lahti 3.5 m @ 11.5 % Cu Mining Sakatti Included in the core portfolio of the company as one of the "long term growth projects" (AngloAmerican media release 16 Feb 2016) • Discovery 2009 • 134 holes drilled • >1500 long Cu-Ni-PGE deposit • High grade 0.20 % Cu cut- off envelope • Mafic-ultramafic host Source: AngloAmerican Rompas–Palokas • Discovery 2012 • 5 km long mineralised trend • 77 short holes, total 2700 m • 6 loger holes, total 1300 m • Ongoing drilling: geochem, IP, condictivity targets 25 m Source: Mawson 500 m Resources The Finnish Network for Sustainable Mining • Founded in 2014, as the forum for dialogue and cooperation between the mining industry and its key stakeholders (NGOs, reindeer herders, landowners, labour unions and mining companies) • Active and constructive cooperation • Creates: tools, indicators, management and evaluation systems • Toolbox for local actions for mining and mineral exploration companies • Finnish TSM (Towards Sustainable Mining) sustainability standard for mining The Finnish mining industry and its key • Standard for mineral explaration under preparation stakeholders gathered in May 2014 at the Tytyri mine in Lohja to discuss initial plans to establish the Finnish Network for Sustainable Mining. Nordic Geological Surveys Promote Mining • The Nordic Geological Surveys are here at the PDAC to help you! Booth 542 • We have information on: • exploration opportunities and mining • geology and geoscientific data • mining and environmental legislation • operational conditions Booth 405 • services and contacts Welcome to meet us at our Booths! Booth 409 .
Load more

Recommended publications
  • The Mineral Industry of Sweden in 2016
    2016 Minerals Yearbook SWEDEN [ADVANCE RELEASE] U.S. Department of the Interior November 2019 U.S. Geological Survey Revised November 2020 The Mineral Industry of Sweden By Meralis Plaza-Toledo Sweden, a country located on the Scandinavian Peninsula Production and bordered by Norway on the west and Finland to the east, is part of an area of crystalline and metamorphic rocks called the In 2016, the production of horticultural and fuel peat Fennoscandian Shield, which hosts a variety of mineral deposits. increased by 31% and 25% respectively; tellurium by 15%; The three primary ore regions in Sweden are the Norrbotten iron ore, by 8%; gold, by 8%; and silver, by 7%. Production of region, which is characterized by iron ore, copper, and gold feldspar decreased by 24%, and that of ferrochromium, by 13%. deposits; the Bothnia-Skelleftea region, which is characterized Data on mineral production are in table 1. by base metals and gold; and the Bergslagen region, which hosts Structure of the Mineral Industry copper, gold, iron ore, lead, and zinc. In 2016, Sweden was the leading iron ore producer of the European Union (EU) and a In 2016, the Swedish mineral industry was composed mostly leading producer of copper, gold, lead, silver, and zinc. In 2016, of privately owned companies. State-owned Luossavaara- Sweden was estimated to be the world’s second-ranked producer Kiirunavaara AB (LKAB) was Europe’s leading iron ore of refined tellurium, accounting for 9.5% of the world’s producer. Boliden AB (Boliden), a privately owned mining refinery production (Swedish Trade and Invest Council, 2014; and mineral-processing company, produced copper, gold, lead, Geological Survey of Norway, 2016; Anderson, 2018).
    [Show full text]
  • This-Is-Lkab.Pdf
    THIS IS LKAB PERFORMANCE IN IRONMAKING IT STARTS WITH THE IRON 1696 The ore-rich mountains 1912 Kiruna Church is completed, 1982 LKAB takes the decision 2010 LKAB earmarks a budget Luossavaara and Kiirunavaara, a gift from the company to the to introduce large-scale sub-level of billions of kronor for future after which LKAB was named, parish. The church will be moved caving, increasing productivity urban transformations in Kiruna are mentioned for the first time to the new centre of Kiruna as part noticeably. LKAB develops olivine and Malmberget. in a document by Samuel Mört, of the urban transformation. pellets, which prove to be a highly a bookkeeper at the Kengis works. competitive pellet product. 2011 LKAB makes record profits. 1940 Narvik is invaded by the The same year the LKAB Academy 1888 The first ore train rolls Germans and the port is blown up. 1989 The subsidiary Minelco, foundation is established to along the Ore Railway from Malm- Ore traffic focuses on Luleå until now LKAB Minerals, is estab- secure future recruitment. berget to Luleå. the port of Narvik is rebuilt. lished. Its task is to develop markets for the iron ore outside 2015 LKAB celebrates 125 1890 The company 1955 LKAB’s first pelletising of the steel industry. years and publishes a book about Luossavaara-Kiirunavaara plant – the first such plant in the company’s history. Aktiebolag – LKAB – is formed. Europe – is taken into operation 1997 Wireless communication in Malmberget, increasing the is introduced into LKAB’s under- 2018 The starting shot for the 1898 Hjalmar Lundbohm is degree to which the iron ore is ground mines using the Wireless SUM (Sustainable Underground appointed as local manager in upgraded and thus also the value Underground Communication Mining) initiative to develop a new Kiruna.
    [Show full text]
  • LKAB 2019 Annual and Sustainability Report
    2019 ANNUAL AND SUSTAINABILITY REPORT LKAB aims to create prosperity by being one of the most innovative, resource-efficient and responsible mining and minerals companies in the world. 02 LKAB ANNUAL AND SUSTAINABILITY REPORT 2019 CONTENTS INTRODUCTION RESPONSIBILITY AND GOVERNANCE The year in brief 2 Sustainable enterprise 50 Comments by the President and CEO 4 Risks and risk management 51 How we create value 8 Comments by the Chairman of the Board 58 Objectives for sustainable development 10 Corporate governance report 59 Board of Directors 66 BUSINESS CONTEXT AND STRATEGY Executive management team 68 Global context 13 Strategic priorities 16 FINANCIAL RESULTS Group overview 70 PRODUCTS AND MARKETS Financial statements 73 Customer offering 21 Notes 83 Drivers and trends 22 The Board’s attestation 121 Market development 24 Auditor’s report 122 OPERATIONS SUSTAINABILITY NOTES Exploration 27 Notes to the sustainability report 126 Mining 31 Auditor’s Limited Assurance Report Processing 33 on the Sustainability Report 144 Transport 34 OTHER INFORMATION Suppliers 35 Mineral reserves and mineral resources 146 Employees 36 Ten-year overview 150 Social responsibility 40 Terms and definitions 151 Environmental responsibility 44 Annual General Meeting and financial information 153 Impact in the value chain 48 Addresses lkab.com Administration report pages 2–3, 8–14, 35–72 and 121. Sustainability report pages 8–14, 35–41, 44–47, 50–56 and 125–143. RAIL TRANSPORT PORTS ABOUT LKAB’S ANNUAL AND SUSTAINABILITY REPORT 2019 The Board of Directors and the President hereby submit the annual and sustainability report for Luossavaara-Kiirunavaara AB (publ), corporate identity number 556001-5835, for the calendar year 2019.
    [Show full text]
  • The Mineral Industry of Sweden in 2015
    2015 Minerals Yearbook SWEDEN [ADVANCE RELEASE] U.S. Department of the Interior August 2019 U.S. Geological Survey The Mineral Industry of Sweden By Alberto Alexander Perez Sweden is located in northern Europe and shares the production of minerals and mineral products; of this amount, Scandinavian Peninsula with Norway (which borders it to 71% was employed in the production of steel and other refinery the west and north) and Finland (which borders it to the products, about 15.8% was employed in the mining sector, and north and east). Sweden also shares its southern border with the remainder (13.2%) worked in the industrial minerals, ballast, Denmark. Sweden is underlain by Precambrian rocks that are and dimension stone production sector (Geological Survey of part of an area known as the Baltic Shield (or Fennoscandian Sweden, 2017b). Shield). Archaean rocks occur only to a limited extent in In 2015, Sweden exported mostly machinery, motor vehicles, the northernmost part of the country. The rocks in the rest paper products, pulp and wood, iron and steel products, and of the north of Sweden and in the eastern and southern chemicals, and its main export trading partners were Norway parts of the country were formed, and were in many cases (which received about 10.3% of Sweden’s exports), Germany also metamorphosed, in connection with the Svecokarelian (10.3%), the United States (7.7%), the United Kingdom (7.2%), orogeny. In contrast, the bedrock in southwestern Sweden Denmark (6.8%), Finland (6.7%), the Netherlands (5.2%), was metamorphosed during the Sveconorwegian orogeny. Belgium (4.4%), and France (4.2%).
    [Show full text]
  • LKAB 2016 in Brief Annual and Sustainability Report
    2016 IN BRIEF ANNUAL AND SUSTAINABILITY REPORT THE YEAR IN NUMBERS LKAB’s competitiveness is based on our capacity to deliver high-quality iron ore products to customers with high product requirements. PRODUCED DELIVERED SALES BY PRODUCT AREA 26.9Mt 27.0Mt Iron ore products produced by Iron ore products delivered by LKAB in 2016, compared with 24.5 LKAB in 2016, compared with 24.2 % million tonnes in 2015. million tonnes in 2015. PERCENTAGE OF SALES, MSEK PROPORTION OF PELLETS % Blast furnace pellets ......... 66 DELIVERIES Direct reduction pellets .... 24 Pellet deliveries in tonnes reached their Fines ..........................................8 highest level ever. 84% Special products ....................2 2 | LKAB ANNUAL AND SUSTAINABILITY REPORT 2016 IN BRIEF PROFIT/LOSS FOR THE YEAR Increased delivery volumes, improved prices and NET SALES AND OPERATING PROFIT/LOSS the effects of the cost-cutting programme made a MSEK positive contribution to the improved result. Cost 30 000 efficiency measures cut costs by around MSEK 700. 25 000 However, impairment of property, plant and 20 000 MSEK 16,343 equipment and increased provisions for the urban Net sales transformation had a negative impact on operating 15 000 profit of MSEK 1,192 and MSEK 2,106, respectively. MSEK 1,621 10 000 Underlying operating profit In addition, hedging transacted at the lower price levels that prevailed during the fourth quarter of 5 000 MSEK –1,677 Operating loss 2015 and the first quarter of 2016 meant that LKAB 0 was not able to take full advantage of the price Net sales 2016 -5 000 increase in 2016. Underlying operating profit Net sales -10 000 Operating profit/loss increased to MSEK 1,621 (1,548).
    [Show full text]
  • Minerals in Barents Update
    Kund Datum Trafikverket 2014-02-26 Projekt GeoVista Nr Minerals in Barents GVR14003 Författare Kund Nr Hans Lindberg, Hans Isaksson TRV 2013/12890 Olof Martinsson Minerals in Barents The transportation needs in the Western Barents region Update: February 2014 GeoVista AB - - GVR14003 i Summary An increased global demand for mineral commodities has during the latest years led to an expansion of existing mining operations but also to an increased focus on developing existing mineral resources into new mines. The effects of this can be seen internationally in areas with high potential to develop economical mineral resources, such as the Western Barents region. This development puts high demands on the function of existing infrastructure and the development of new transportation solutions. In particular this is true for iron ore mines, where a large portion of the product needs to be transported from a mine to a smelter or a port. A study made in 2011 for The Swedish Transport Administration (Trafikverket), “Mineralråvaror i Barentsregionen” /GeoVista, 2011/, highlighted the long-term demands that the minerals industry would be put on the existing transport infrastructure in the Barents region. The study also discussed how industrial development in the region could be stimulated by meeting those transportation demands in an efficient way. Based on the results of the previous study, Trafikverket decided to monitor the development of the minerals industry in the Barents region. This report, a first update of the 2011 study, is produced within the 3-year cooperation project “Minerals in Barents – Partnership”, and financed by authorities for transport and development of the Northern regions of Sweden, Norway and Finland.
    [Show full text]
  • Svappavaara 1:25, Mertainen
    Detaljplan för Mertainengruvan OBS En del av detaljplaneområdet del av fastigheten Svappavaara 1:25 m.fl. (område för sidobergsupplag) Kiruna Kommun, Norrbottens län har undantagits från kommun- fullmäktiges antagande. Upprättad i november 2012 Plankartan rev. februari 2013 ANTAGANDEHANDLING Detaljplan för Mertainengruvan del av fastighet 1:25 m.fl. Kiruna kommun Norrbottens län Upprättad i november 2012 Plankartan rev. februari 2013 ANTAGANDEHANDLING PLANBESKRIVNING Innehållsförteckning 1 INLEDNING ...................................................................................................................... 3 HANDLINGAR ...................................................................................................................... 3 PLANENS SYFTE OCH HUVUDDRAG ............................................................................... 3 PLANFÖRFARANDE ............................................................................................................ 3 Preliminär tidsplan för planläggningen .............................................................................. 3 PLANFÖRFATTARE ............................................................................................................ 4 TIDIGARE STÄLLNINGSTAGANDEN ................................................................................. 4 Översiktsplaner ................................................................................................................. 4 Berörda detaljplaner .........................................................................................................
    [Show full text]
  • European Projects in the Pipeline Euromines External Newsletter - December 2014
    3/2014 Euromines External Newsletter European Association of Mining Industries, Metal Ores & Industrial Minerals December 2014 EuropeanEuropean Projects Projects in thein the Pipeline Pipeline Euromines, All rights reserved European Projects in the Pipeline Euromines External Newsletter - December 2014 Editorial 3/2014 Editorial Despite weakening markets in the course of 2014 the European mining and minerals industry con- PF 2015 tinues to follow its path to modernisation and expansion. Increased support from both gover- nments across Europe and the European institu- tions in various forms have helped companies to continue to strive for growth and help Europe’s become less dependent on imports. The Raw Ma- terials Initiative and the European Partnership on Raw Materials provide a stimulus for a whole series of projects that will make geological data as well as other mineral market relevant data more avai- lable to investors. The industry is looking forward to a whole host of calls under Horizon 2020 with em- phasis on mined products along the supply chain and their applications. Equally 2015 will see a range of meetings in the various Member States that will address raw mate- rials and industrial policy issues. The new Commissi- on is expected to provide additional fresh impetus for the European economy that will include our industry as an integral part. We are looking forward to a promising 2015! Corina Hebestreit Director of Euromines All rights reserved Page | 2 Euromines External Newsletter - December 2014 The first pan-European network on raw materials management 3/2014 The Minerals4EU Project The first pan-European network on raw materials management Industry, governments and society want com- modities at lower prices; environmentalists want a greener industry; investors want less risk – ex- tracting metal and minerals has never been more challenging.
    [Show full text]
  • Svappavaara 1:25, Mertainen
    Bilagor: Datum: Vår beteckning: 1 (142) 14 2012-03-04 12-725 Säkerhetsklassificering: Öppen Handläggare │ Avd/Sektion Viveca Nordanfjäll Roslin │ TQ/Yttre miljö D 0980-719 73 E [email protected] Författare: Björn Winnerstam Henrik Hellman Uppdragsgivare: Per-Erik Lindvall Får publiceras: Ja Granskad av: Viveca Nordanfjäll Roslin Godkännande av: Anders Lundkvist Utredning till: Thomas Carlberg, Alrutz Ewald Kostenniemi Jan Eriksson, Alrutz Anders Lundkvist Göran Adolfsson Thomas Määttä Bo Bergström Peder Nensén Johan Bucht Viveca Nordanfjäll Roslin Solveig Danskog Göran Olovsson Andreas Fredriksson Leif Pesonen Per-Olov Fjällborg Håkan Selldén Ola Hansson Helena Skoglund Anders Henriksson Peter Söderman Linda Hjortfors Hans-Olov Wettainen Jan-Ivan Johansson Kerstin Viippola Patrik Kansa Monica Quinteiro Ingemar Kemi Sammanfattning till: Lars-Eric Aaro Anders Kitok Per-Erik Lindvall Miljökonsekvensbeskrivning – Ansökan om tillstånd till brytning och krossning/sovring av järnmalm vid Mertainen, Kiruna kommun Luossavaara- Kiirunavaara AB (publ) T 0771 760 000 Säte: Luleå Plusgiro: 257853-2 981 86 Kiruna F 0771 760 002 Org.nr: 556001-5835 Bankgiro: 560-2917 www.lkab.com W:\Process\K_Dokument\Utredningar\Interna\2012\12-725 Svappavaara-Mertainen Miljökonsekvensbeskrivning Ansökan om tillstånd till fullskalig brytning.docx Bilagor: Datum: Vår beteckning: 2 (142) 14 2012-02-28 12-725 Säkerhetsklassificering: Öppen Handläggare │ Avd/Sektion Viveca Nordanfjäll Roslin │ TQ/Yttre miljö D 0980-719 73 E [email protected] Icketeknisk sammanfattning Denna miljökonsekvensbeskrivning (MKB) beskriver gruvbolaget LKAB:s planerade gruvbrytning i Mertainen, inklusive tillhörande verksamheter, samt dess konsekvenser för omgivande miljö. Dokumentet utgör en del av bolagets ansökan till mark- och miljödomstolen om tillstånd enligt miljöbalken. Efterfrågan på järnmalmsprodukter har ökat de senaste åren och förväntas vara hög under en längre tid.
    [Show full text]
  • The Mineral Industry of Sweden in 2007
    2007 Minerals Yearbook SWEDEN U.S. Department of the Interior July 2010 U.S. Geological Survey THE MINERAL INDUS T RY OF SWEDEN By Harold R. Newman In 2007, Sweden continued to be an active mining country; The total value of imported goods was $15.2 billion (Economist, the principal mining centers were the Bergslagen, the The, 2007). Norrbotten, and the Skellefte districts. Three of Sweden’s largest In 2007, U.S. export trade with Sweden was valued at mines are located in the Norrbotten district. Metal mining and $4.5 billion and U.S. import trade was valued at $13 billion. metal products manufacturing dominated the mineral industry. Significant export commodities to Sweden from the United Owing to inadequate indigenous fossil fuel energy resources, States included nonferrous metals (which includes precious Sweden relied on hydrocarbon imports. The country has also metals), $174.4 million; metallurgical grade coal, $50.4 million; developed hydroelectric and nuclear power energy sources. and nuclear fuel materials, $33.3 million. Significant import Foreign companies were actively exploring for base metals, commodities from the United States included iron and steel mill diamond, and gold. Mineral exploration spending rose by 70% products, $704.5 million; and steelmaking and ferroalloying in 2007, to $92 million. Drilling companies in Sweden were materials, $73 million. Mineral fuel imports from the United fully contracted, and drilling equipment was in limited supply; States included fuel oil, $201.6 million; and liquefied petroleum as a result, companies that were conducting mineral exploration gas, $22 million (U.S. Census Bureau, 2007a, b). were finding it difficult to get additional drilling done (Mining Journal, 2008).
    [Show full text]
  • EXPLORATION NEWSLETTER February 2014
    What´s up in Sweden EXPLORATION NEWSLETTER February 2014 EXPLORATION NEWS development arm of the University of Adelaide. Specifi- Avalon Minerals Ltd announced on December 17 that cally, ARI has contracted with Talga to test ore from the The Company has commenced various studies to pro- Company’s Nunasvaara project and assess the ability of this gress the Viscaria Copper-Iron Project. The results from super grade graphite deposit to produce the much publi- the site-wide hydrological survey currently underway will cized high technology material, graphene. Samples from be utilised in the Viscaria Project Environmental Impact Nunasvaara are already with the University and test results Assessment. Avalon also plans to conduct a program of are expected in a few weeks’ time. drilling and metallurgical testwork in the first half of 2014. Aura Energy Ltd announced on December 4 additional Beowulf Mining Plc announced an operational update financial modeling of its Häggån Project. Aura completed on January 22 in respect of the Kallak iron ore project. a Scoping Study for the Project in May 2012 at 30 Mtpa, Approximately 4,124 m of drilling was completed on but here has considered three smaller size options: 3.5 Mtpa, Kallak South in 2013, covering 16 holes. Significant results 5.0 Mtpa and 7.5 Mtpa, in order to provide a number of include one inclined drill hole with an intercept of 17.40 additional development options with a substantially lower m at 31.35% average iron content. The new work plan noti- front end capital cost requirement. fied and disseminated for Kallak South, for up to a total of 18,000 m of drilling through to 31 December 2015, is now Continental Precious Minerals Inc announced on Feb- valid.
    [Show full text]
  • Annual and Sustainability Report 02 Lkab Annual and Sustainability Report 2020 Our Journey Towards a Carbon-Free Future
    2020 ANNUAL AND SUSTAINABILITY REPORT 02 LKAB ANNUAL AND SUSTAINABILITY REPORT 2020 OUR JOURNEY TOWARDS A CARBON-FREE FUTURE % -84% -14 Steel produced with LKAB’s Carbon emissions reduced pellets contributes to 14 percent by 84 percent from 1960 to lower carbon emissions than ON THE WAY today’s pellet production the European average TO ZERO EMISSIONS CO2 The first iron ore producer to measure and report its carbon footprint CONTENTS INTRODUCTION OUR IMPACT IN-DEPTH SUSTAINABILITY INFORMATION This is LKAB 2 Responsibility for our impact 40 Notes to the sustainability report 123 The year in brief 4 Acting ethically and responsibly 41 Reporting principles and Comments by the President and CEO 6 Suppliers and purchasing 42 GRI/COP Index 142 Innovative environmental work 44 Auditor’s Limited Assurance GOALS AND STRATEGY Environmental impact Report on the Sustainability Report 144 Goals for sustainable development 10 and resource consumption 46 Drivers of industrial transformation 12 FURTHER INFORMATION Strategy for the LKAB of the future 14 RISKS AND RISK MANAGEMENT 48 Mineral resources and mineral The pace of transformation 16 reserves 145 How we create value 18 FINANCING 55 Ten-year overview 150 Terms and definitions 151 OUR OPERATIONS CORPORATE GOVERNANCE Annual General Meeting, financial Iron Ore business area 20 Comments by the Chairman of the Board 56 calendar and contact information 152 Special Products business area 30 Corporate governance report 57 Board of Directors 64 EMPLOYEES 36 Executive management team 66 FINANCIAL RESULTS Group overview 68 Financial statements 72 Administration report pages: Notes 81 4–5, 10–13, 18–19, 20–33, 36–70 and 118.
    [Show full text]