23.03.2015

International mining companies still optimistic about Finnish operations

AA Sakatti Mining, a subsidiary of Anglo American, has invested about EUR 100 million in test drilling in Finland during the past decade.

During the past decade, AA Sakatti Mining, a subsidiary of Anglo American, one of the largest mining companies in the world, has spent an estimated EUR 100 million in exploration for palladium, copper and nickel in northern Finland. Further drilling is expected to continue in 2016-2017.

According to Joanna Kuntonen-van't Riet, Environmental Lead at Anglo American Exploration, the company is currently developing environmentally friendly test drilling methods with the Finnish company Kati Oy. She describes the cooperation with The Finnish Safety and Chemicals Agency (Tukes), Lapland’s Centre for Economic Development, Transport and the Environment, local reindeer herders, land-owners and the state-owned enterprise Metsähallitus, as constructive.

Sources: Lapin Kansa, STT