An Overview on Finnish Mining
Pekka A. Nurmi, Ph.D., Prof.
Research Director
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ProMine – Final Conference Fennoscandia: a major source of minerals in EU
Agnico-Eagle Mines Ltd.
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PNurmi 16.1.2012
• GTK is a geoscience research agency operating under the Ministry of Employment and the Economy
• GTK figures: expenditure 57 M€ / revenues 13 M€ / staff 620 • Main focus on mineral resources and their sustainable use • Other sectors include: energy, environment and land use • National centre of geoscience data, information and expertise • Global actor and desired partner for R&D and services on core competencies
GTK in Brief
Peru
Laos Mongolia
Sambia
Keski-Aasia
Etiopia
Namibia
Uganda Bolivia
Vietnam
Afganistan
Tansania
Ukraina
GTK’s global project activities
GTK’s Role in the Minerals Sector • Exploration. Mapping and modelling of
mineral potential and resources. • Development of ‘Green Mining’.
Exploration innovations, eco-efficient mining, social acceptance.
• Promotion. Expert and data services, contribution to mineral policy.
• Expert Services. Research, exploration, enrichment processes, mining environment.
• EU activities: EGS, EIP-RM, EraMin, EIT-KIC, ETP-SMR, active participation in projects
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Fennoscandia: A Significant Mining Region
Nickel, Iron, Phosphorus, Copper, Cobalt, Rare earth metals
Iron, Copper, Zinc, Silver, Gold, Lead, Tellurium
Iron, Titanium, Silicon, Olivine, Nepheline, Graphite, Carbonates
Dot: Large metal deposit
Named: Large active metal mine
Kevitsa
Nickel, Chromium, Phosphorus, Zinc, Copper, Cobalt, Gold, Talc, Pyrite
Nurmi & Eilu Novem
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Major new mines 2012– Expansion/reopening of old mines
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Mine Projects in Fennoscandia
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Policy and Mineral Potential Ranking of Mining Regions 2013
Source: Frazer Institute Mining Company Survey 2013
1. Finland
10. Norway
2. Sweden
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Why Finland?
• A mining-friendly country within the EU • Excellent geodata and infrastructure • A favourable and secure investment environment • Significant potential for new discoveries
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Reflection Seismics
• 2100 km regional surveys • 700 km high-resolution on ore belts
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Mining in the Nutshell
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Metals Industrial minerals
Kittilä gold
Kevitsa nickel
Pahtavaara gold
Raahe gold
Kemi chrome
Hitura nickel
Pyhäsalmi Copper-zinc
TalvivaaraNickel-zinc
Jokisivu gold
Parainen calcite
Ilomantsi gold
Lappeenranta calcite
Orivesi gold
Lahnaslampi talc
Kylylahti copper
Polvijärvi talc
Lohja calcite
Siilinjärvi phosphorus
• 52 mines (12 metal , 17 carbonate rocks and 14 industrial minerals )
• Mine investments 2008-2011 1.3 Bill. € • Estimated investments 2012-2017 over 3 Bill. € • Finland is one of the leading mining technology
providers (Metso, Outotec, Sandvik, Normet)
Data: ETLA 2011
Annual ore output (Mt)
< 0.1 0.1 - 0.5 0.5 - 1.0 1.0 - 10
> 10
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Mine Projects 2012
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Mine project
Kolari iron
Suhanko palladium
Sokli phosphorus
Länttä lithium
Taivaljärvi silver
Mustavaara vanadium
Project Raaka-aineet Company
Sokli Phosphorus Yara
Kolari Iron (copper, gold) Northland Reources Ab
Suhanko Palladium (platinum) Gold Fields
Mustavaara Vanadium (iron, titanium) Mustavaaran Kaivos Oy
Taivaljärvi Silver (zinc) Sotkamo Silver Ab
Länttä Lithium Keliber Oy
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Exploration Projects
Rompas gold-uranium
Sakatti Nickel-copper- platinum
• 40 companies active in exploration • Main commodities: Au, Ni, Cu, PGM, ferrous metals,
hitech metals,… • Exploration expenditure over 80 mill. € in 2012
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Tekes - Green Mining Programme
• Tekes Green Mining Programme aims to make Finland a global forerunner of responsible mining.
• Duration: 2011–2016 • Budget: EUR 60 million • Over 40 projects under way • GTK leading 8 projects and is a partner in 5 projects
http://www.tekes.fi/ohjelmat/GreenMining
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Welcome to Lapland!
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