|
Ballek
The Ballek Copper/Gold deposit contains 43,000 tonnes of Copper and 52,000 ounces of gold and is owned by Wayland Copper Limited, a joint venture between Energy Ventures Limited (EVE) and Beowulf Mining. The equity in Wayland is split evenly between the two partners, with Beowulf acting as operator. Currently five licences make up the Ballek project, which covers an area of roughly 110 km2 in Norrbotten County, Sweden. The Lulepotten deposit, one of the five Ballek licences, was discovered by the Geological Survey of Sweden in the 1960s. Further drilling took place until 1978 over a total of 22,265 metres, identifying the strike length of the deposit at over 1500 metres. Lulepotten was acquired by Beowulf, along with the Ballek 2 and 3 licences in 2005, while Ballek 4 was awarded to Beowulf later in the same year. In 2007 a prospective uranium deposit, Ballek 5, was awarded to Beowulf. Later in 2007 a joint venture agreement was signed between Beowulf and Agricola Resources. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beowulf Mining
Beowulf Mining plc is a UK registered Nordic focused exploration and development company listed on the AIM in London and Spotlight in Sweden. The CEO is Kurt Budge. The company was formed in 1988 as Beowulf Gold. Through subsidiaries Jokkmokk Iron Mines AB and Fennoscandian Resources, it is active in developing open-pit mining in Sweden and Finland respectively; its plans to mine for magnetite iron ore at Kallak, west of Jokkmokk in northern Sweden, and for graphite in Heinävesi, Finland, are controversial. Kallak The company's main focus since the early 2010s has been the Kallak mine in Jokkmokk Municipality. Beowulf Mining's Swedish subsidiary, Jokkmokk Iron Mines, has conducted exploratory mining for iron ore at sites in northern Sweden. These plans are opposed by environmental groups, nature tourism companies and the Sami people, while the company says their operations and the Sami's traditional reindeer herding can "coexist". The company argues that exploitation of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |