Market

The exploration market

The exploration for metals is in principle directly proportional to the metal prices, with a delay of one year. Over the past two years, a modest increase in mining production has been noted due to the high gold price. In 2011, the average gold price was 1,757 USD/oz.The Nordic countries have a strong tradition of ore mining and metal production and mining is an important basic industry. The Fennoscandian Shield is a geological formation that extends through Norway, Sweden and Finland and is considered to have good potential for mineral findings. Also other conditions, such as effective infrastructure, favourable legislation and availability of mining and mineral competences, make the Nordic countries interesting for exploration.The pace of exploration in Sweden has increased in recent years, but the market is still under-explored compared with corresponding areas in Australia and Canada.
The exploration for metals is in principle directly proportional to the metal prices, with a delay of one year. Over the past two years, a modest increase in mining production has been noted due to the high gold price. In 2011, the average gold price was 1,757 USD/oz.

The Nordic countries have a strong tradition of ore mining and metal production and mining is an important basic industry. The Fennoscandian Shield is a geological formation that extends through Norway, Sweden and Finland and is considered to have good potential for mineral findings. Also other conditions, such as effective infrastructure, favourable legislation and availability of mining and mineral competences, make the Nordic countries interesting for exploration.

The pace of exploration in Sweden has increased in recent years, but the market is still under-explored compared with corresponding areas in Australia and Canada.


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Bengt Ljung

Bengt Ljung presents Botnia Exploration Investor Forum, 10 Sep 2013.

Botnia increases innovation in Vindelgransele

Botnia increases innovation in Vindelgransele

Botnia Exploration conducts a private placement and a rights issue to raise approximately SEK 13 million. Read Redeye recent analysis of Botnia Exploration.