Kaunisvaara
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Kaunisvaara
Kaunisvaara is a village in northern Sweden, in Pajala Municipality, 100 km north of the Arctic Circle. Mining There are large magnetite ( iron ore) deposits in this area; Northland Resources began constructing the first mine in December 2011. Ore production was expected to begin in 2012, with annual iron ore production reaching 12 million tonnes by 2014. Reserves are estimated at 176 million tonnes. The mine went bankrupt in October 2014 because of low iron ore prices and high debts. History In 2009, archaeologists commissioned by Northland Resources found evidence of stone-age settlements, dated to 9300BCE, in the area; this has shed new light on the timeline of deglaciation and human settlement in northern Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel .... Refer ...
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Northland Resources
Northland Resources S.A. 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 had two principal projects that are inactive: the Kaunisvaara iron concentrate project in Sweden, and the Hannukainen Iron oxide copper gold ore deposits, (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'' ). The company declared bankruptcy Dec. 8, 2014. 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% Iron, Fe. Mining began in the first quarter of 2012, with the first shipment of iron ore concentrate to market in February 2013. The operation is expected to ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Pajala Municipality
Pajala Municipality (; fi, Pajalan kunta) is a municipality in Norrbotten County in northern Sweden, bordering Finland. Its seat is located in the locality of Pajala. In 1884 Tärendö was detached from Pajala Municipality, forming a municipality of its own. In 1914 Pajala Municipality was once again split when Junosuando broke away. They were reunited in 1971, when Korpilombolo was added as well. Finnish and Meänkieli have the official status of being minority languages in the municipality. History Its geographical location means that Pajala Municipality has always been a natural trading place, where people from Sweden, Finland and the native Sami people gathered. The annual Pajala market traces its history from the 18th century. The home of Lars Levi Læstadius, famed botanist and Christian revivalist movement founder is located in Pajala. It is the red house to the right; it is now a museum. The yellow house in the middle was used as the local Lutheran vicar's mansion fr ...
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Arctic Circle
The Arctic Circle is one of the two polar circles, and the most northerly of the five major circles of latitude as shown on maps of Earth. Its southern equivalent is the Antarctic Circle. The Arctic Circle marks the southernmost latitude at which, on the December solstice, the shortest day of the year in the northern hemisphere, the sun will not rise all day, and on the June solstice, the longest day of the year in the northern hemisphere, the sun will not set. These phenomena are referred to as polar night and midnight sun respectively, and the further north one progresses, the more pronounced these effects become. For example, in the Russian port city of Murmansk, three degrees above the Arctic Circle, the sun does not rise for 40 successive days in midwinter. The position of the Arctic Circle is not fixed and currently runs north of the Equator. Its latitude depends on the Earth's axial tilt, which fluctuates within a margin of more than 2° over a 41,000-year period, o ...
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Magnetite
Magnetite is a mineral and one of the main iron ores, with the chemical formula Fe2+Fe3+2O4. It is one of the oxides of iron, and is ferrimagnetic; it is attracted to a magnet and can be magnetized to become a permanent magnet itself. With the exception of extremely rare native iron deposits, it is the most magnetic of all the naturally occurring minerals on Earth. Naturally magnetized pieces of magnetite, called lodestone, will attract small pieces of iron, which is how ancient peoples first discovered the property of magnetism. Magnetite is black or brownish-black with a metallic luster, has a Mohs hardness of 5–6 and leaves a black streak. Small grains of magnetite are very common in igneous and metamorphic rocks. The chemical IUPAC name is iron(II,III) oxide and the common chemical name is ''ferrous-ferric oxide''. Properties In addition to igneous rocks, magnetite also occurs in sedimentary rocks, including banded iron formations and in lake and marine sediments ...
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Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe) or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Metallic iron is virtually unknown on ...
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