mining opportunities in finland

Looking for mining possibilities?Think Finland!

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Motivation: Finland aims for sustainable mining

Potential: Chromium, gold, copper, cobalt, feldspar, limestone, nickel, phosphate, pgms, quartz, silver, talc and zinc

Competition: Finnish and international mining companies

Demand: Green mining expertise for intelligent and minimum impact mining

When: Ongoing, large deposits remain intact

Finland’s mining facts

52 operating mines Over 55 projects at conceptual/prefeasibility stage € 81 million in exploration (2011) € 1.3 billion mine development investments (2008–2011) € 3 billion mine development investments (2012–2017) € 80 million turnover in mines (2010) € 2.5 billion turnover in mines (in 2015) 30,000 employees in the mineral cluster Large deposits still intact

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Ongoing and potential mining

Finland is a major producer of chromium and gold in Europe.

Operating mines produce: copper, cobalt, feldspar, limestone, nickel, phosphate, platinum group metals, quartz, silver, talc and zinc.

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FINNISH MINE PRODUCTION

Mining deposits and projects

30–40 exploration companies active Iso-Kuotko – Gold Suhanko–Konttijärvi – PGE Taivaljärvi – Silver Sakatti – Nickel, Copper and PGE Mustavaara – Vanadium

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The state of Finland invests in mining

€ 60 million – Green Mining program (2011–2016) € 70 million – Mining infrastructure investments € 30 million – allocation for “start-ups” in 2012 € 610 million – Current state ownership in the mining cluster

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Rapid increase in sustainable minerals industry expected

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By 2020 Finland aims to be the global leader in the sustainable minerals industry

Source: GTK

The Green Mining Programme (Tekes)

The program Creates new business that requires new, specialised expertise alongside the growing

field of traditional mining.

Aims to increase the number of SMEs targeting the export market in the mineral cluster.

Aims to achieve global leader status for the research in selected sectors.

Two themes Identify new mineral resources and intelligent, minimum-impact mining.

Develop techniques that can help to reduce the environmental impact of mining.

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For more information about mining in Finland:

Geological Survey of FinlandTukes – Finnish Safety and Chemicals AgencyGreen Mining Programme The Ministry of Employment and the Economy / The mining industryFinnMin (The Finnish Association of Extractive Resources Industry)Invest in Finland / Mining

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Why Finland?

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