Northland Resources

Northland Resources
Northland Resources
Type Public (TSXNAU, OSE: NAUR)
Founded 1997
Headquarters Luxembourg
Key people Anders Hvide (Executive Chairman), Karl-Axel Waplan(CEO)
Products Iron ore
Website http://www.northland.eu/s/Home.asp


Contents

Overview

Northland Resources S.A. ( TSXNAU and OSE: NAUR ), also known as Northland is a publicly traded exploration and development mining company. It currently focuses on iron ore bearing properties located in the northern regions of Sweden and Finland. The company currently has two principal projects in the development stage: the Kaunisvaara iron concentrate project in Sweden, and the Hannukainen (IOCG) project in Finland. The projects are primarily located within the Pajala shear zone, in the northern Baltic Shield (also sometimes called the Fennoscandian shield ).

Development stage projects

The Kaunisvaara Project is the Company's first development project. It is located in Sweden and is expected to be a near-term producer of high-grade iron ore concentrate, consisting of 69% Fe . Construction on the project is well underway. Mining is expected to begin during the fourth quarter of 2012, with the first shipment of iron ore concentrate to market in the first quarter of 2013. The operation is expected to yield 5 million tonnes per year of iron ore concentrate.

Northland has pre-sold 100% of the Kaunisvaara production via off-take contracts, which will last for at least the first seven years of operation.[1] The Company released a Definitive Feasibility Study on the Kaunisvaara Project in September 2010. The Study was updated in May of 2011.

Planned layout for the Kaunisvaara Project


The second development project in line is the Hannukainen project in Finland. A Definitive Feasibility Study on Hannukainen has commenced and is expected to be completed at the end of 2011.[2]


History

  • 1997: Company listed on TSX Venture Exchange as North American Gold Inc. (NAU)
  • 2003: Commenced conducting business in Sweden
  • 2005: Changed name to Northland Resources Inc.
  • 2008: Company's shares were graduated from the TSX Venture Exchange to the TSX
  • 2010: Re-domiciled under the laws of Luxembourg on January 18, 2010 and changed name to Northland Resources S.A.

References

  1. ^ SEDAR. "Northland Resources S.A Management’s Discussion and Analysis For the period ending June 30, 2011". Securities related information for Canadian companies.. http://www.sedar.com/. Retrieved 13 September 2011. 
  2. ^ SEDAR. "Northland Resources S.A Management’s Discussion and Analysis For the period ending June 30, 2011". Securities related information for Canadian companies.. http://www.sedar.com/. Retrieved 13 September 2011. 

Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Northland Region — Northland Regional Council Country: New Zealand Regional Council Name: Northland Regional Council …   Wikipedia

  • Northland High School (Columbus, Ohio) — Northland High School Address 1919 Northcliff Drive Columbus, Ohio, (Franklin County), 43229 …   Wikipedia

  • Northland College (Wisconsin) — For the Baptist college in Dunbar, Wisconsin, see Northland Baptist Bible College Northland College Motto A Highway Shall Be There Established 1906 …   Wikipedia

  • Northland Conference (IHSAA) — The Northland Conference within Indiana The Northland Conference was an IHSAA sanctioned conference in Northern Indiana. The conference formed in 1998 with six schools, and disbanded in 2008, after two schools left to join the Greater South Shore …   Wikipedia

  • Northland Steamship Company — The Northland Steamship Company was a small steamship line that sailed between ports on Puget Sound and Alaska. In 1914, Northland Steamship was sailing two passenger ships totaling 1,700 gross register tons (GRT) from the Puget Sound… …   Wikipedia

  • Ontario Northland Railway — The ONR owned tracks in blue with trackage rights in red …   Wikipedia

  • Companies listed on the Toronto Stock Exchange (N) — Toronto Stock Exchange listed stocks: 0 9 A B C D E F G H I J K L M N O P Q R S T U V W …   Wikipedia

  • OSEAX — Operator Oslo Stock Exchange Exchanges Oslo Stock Exchange Constituents All Type All …   Wikipedia

  • List of companies listed on the Oslo Stock Exchange — This is a list of companies listed on the Oslo Stock Exchange as of August 21 2007.*ABG Sundal Collier *Ability Group *Acergy *Acta Holding *Active 24 *Adresseavisen *AF Gruppen *AGR Group *Aker *Aker American Shipping *Aker BioMarine *Aker… …   Wikipedia

  • Comparative advantage — Economics …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”