One of the largest gold deposits ever to have been found in the Nordic region is continuing to grow. Drilling performed during 2011 at the Laiva mine in Finland indicated that ore reserves are 4 million tonnes larger than the previously reported estimate. This corresponds to another two full years of production. Proven and probable ore reserves now amount to 16.9 million tonnes with an average gold content of 1.60 grams per tonne, corresponding to 27,000 kilos of gold.
TagsFinland Sweden Gold Mining copper Norway REE nickel China talvivaara canada iron ore zinc Silver drilling iron Dragon Mining Europe uranium Mawson Outokumpu Northland Resources Kittilä Agnico Eagle Metso Norra Karr Sotkamo Scandinavia Gold Mine Stockholm LKAB business rare earth metals Rompas Kaunisvaara Beowulf ore Tasman Metals metals Tasman Metals Ltd Atlas Copco platinum Russia Northern Finland GTK mining industry Mawson Resources cobalt Devico Greenland
Subscribe to our Newsletter
Got News? Tell us about it!