Mining info September 2013
What is Invest in Finland? National Investment Promotion Agency of Finland, part of Finpro Consulting services to foreign companies Greenfield investments M&A’s R&D units Search for business opportunities Fully funded by Ministry of Employment and the Economy Services are free of charge to foreign companies Confidentiality 2012-11-27 Tuomo Airaksinen
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Our Team n.n. China Thank you for your time & attention 19.9.2018 Our Team n.n. China Thank you for your time & attention On my personal behalf & on behalf of whole Invest in personnel All happy to answer any further questions you may have ! Further information also from: www.investinfinland.fi
Strategic Selections: Focus on Selected Offerings Wind power High-tech SW R&D and innovation Mining Why ? Good potential for High Value investments (number of jobs, sum of investment) Companies – in general – invest only in two things: Growth (Market) Competence (Technology, RDI) In all these offerings there is either worldclass & wide competence or major market (several billion €) available in Finland Green Building Tourism Datacenters
Mining in Finland 19.9.2018 Presentation name / Author
Mining in the Nutshell €1.5 billion turnover in mines (2012) Metal mine Industrial minerals Kittilä gold Kevitsa nickel Pahtavaara gold Raahe Kemi chrome Hitura nickel Pyhäsalmi Copper-zinc Talvivaara Nickel-zinc Jokisivu Parainen calcite Ilomantsi Lappeenranta Orivesi Lahnaslampi talc Kylylahti copper Polvijärvi Lohja Siilinjärvi phosphorus €1.5 billion turnover in mines (2012) 52 operating mines 55 projects at conceptual/ prefeasibility €81 million in exploration (2011) €1.3 billion mine development investments (2008–2011) €3 billion mine development investments (2012–2017) €2.5 billion turnover in mines (in 2015) 30,000 employees in the mineral cluster Large unexploited deposits remain Source: ETLA 2011
Incentives & programmes Finnish State Investments €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 Development and investment grants for growth 15-70 %
Opportunities Service & maintenance providers Engineering companies Consultants Security systems and services Investors Logistics and infra operators
Base metals - mines and current projects in September 2012 Name of the mine or project Metals Owner Sakatti Nickel, copper, PGE AA Sakatti Mining Oy Kuhmo Nickel Altona Mining Ltd Outokumpu / Kylylahti Cu, Au, Zn, Ni, Co Anglo American Exploration B.V. Hitura Belvedere Resources Finland Oy Läntinen Koillismaa (LK) Nickel, PGE Finore Mining Inc. Kevitsa First Quantum Minerals Ltd. Pyhäsalmi Zinc, copper, pyrite Inmet Mining Corp. Talvivaara Talvivaara Mining Co. Riikonkoski Copper, gold Taranis Resources Inc. Rautavaara Nickel, zinc, copper Western Areas NL & Magnus Minerals Oy – Joint Venture Mining operations and projects in Finland
Precious metal mines and current projects in September 2012 - page 1 Name of the mine or project Metal Owner Iso-Kuotko Gold Agnico-Eagle Ltd Kittilä Hanhimaa Dragon Mining Kuusamo Orivesi Jokisivu Kaapelinkulma Kettukuusikko Taranis Resources Inc. Naakenavaara Kiekerömaa Tertiary Minerals Plc Rompas Gold and uranium Mawson Resources Ltd Mining operations and projects in Finland
Precious metal mines and current projects in September 2012 - page 2 Name of the mine or project Metal Owner Suhanko-Konttijärvi Platinum group elements Gold Fields Arctic Platinum Laiva Gold Nordic Mines Ab Hirsikangas Belvedere Resources Finland Oy Ägnesneva Otsikonmäki Kopsa Pahtavaara Lappland Goldminers Ab Haveri Taivaljärvi Silver Sotkamo Silver AB Pampalo Endomines AB Seinäjoki Gold, antimony Nortec Minerals Corp. Mining operations and projects in Finland
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