24.3 C
Belgrade
Supported byspot_img
spot_img

Beowulf Mining Diversifies With New Mixed Metals Licence In Sweden

Member of Europium Groupspot_img
Supported byspot_img

Beowulf Mining PLC on Thursday said it has been awarded a three-year exploration licence for the Atvidaberg nr 1 area in Sweden.

Beowful said the licence area covers 225 square kilometres in the Bergslagen area of southern Sweden. The area includes a number of large and smaller mines producing copper, zinc, lead, gold, silver and iron ore.

“We are delighted to have been awarded an Exploration Licence for Atvidaberg nr 1, maintaining our Nordic focus, while adding some commodity diversification to our asset base,” said Kurt Budge, Beowulf’s chief executive.

Supported by

In a business update on Tuesday, Beowulf had said that its focus remained on securing the long-delayed exploitation concession for its Kallak magnetite iron ore project in Sweden but that it was also looking to create a diversified portfolio through adding further projects.

source: ise.co.uk

Supported byElevatePR Digital

Related News

Canada Nickel reveals initial resource estimate for Deloro project, underscoring Timmins District prospects

Canada Nickel has announced the initial mineral resource estimate for its Deloro nickel sulphide project, located in Ontario's Timmins-Cochrane mining camp. This estimate marks...

Resouro Strategic Metals unveils extensive resource estimate for Tiros titanium and rare earths project

Resouro Strategic Metals, a recent entrant into Brazil’s rare earths sector, has unveiled a significant resource estimate for its Tiros project located in Minas...

NMMC targets $1 billion investment in 2024 to expand gold production capacity

Navoi Mining and Metallurgical Combine (NMMC), the world’s fourth-largest gold producer and Central Asia’s largest gold miner, has announced an ambitious investment program for...

U.S. and Kazakhstan strengthen energy partnership at 2024 Strategic Dialogue in Astana

On July 18, 2024, the U.S. Department of State and the Department of Energy, in partnership with Kazakhstan’s Ministry of Foreign Affairs and Ministry...
Supported by
Supported by
Supported by
error: Content is protected !!