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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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Northland Resources S
Northland may refer to: Corporations * Northland Organic Foods Corporation, headquartered in Saint Paul, Minnesota * Northland Resources, a mining business * Northland Communications, an American cable television, telephone and internet service provider * Northland Properties, the parent company of multiple hotel chains, restaurants, sports teams and properties Places * Northland (New Zealand electorate), northern New Zealand * Northland, Wellington, New Zealand * Northland Peninsula, northern New Zealand * Northland Region, northern New Zealand * Northland, Waupaca County, Wisconsin, US * Northland Pyrite Mine, Canada * The Northland, a section of the Kansas City metropolitan area#The Northland (Missouri), Kansas City metropolitan area, US Shopping centres * Northland Center, in Southfield, Michigan * Northland Mall, a demolished shopping mall in Columbus, Ohio * Northland Mall (Appleton, Wisconsin), in Appleton, Wisconsin * Northland Shopping Centre, in Melbourne, Australia * No ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small landlocked country in Western Europe. It borders Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority. Luxembourg's culture, people, and languages are highly intertwined with its French and German neighbors; while Luxembourgish is legally the only national language of the Luxembourgish people, French and German are also used in administrative and judicial matters and all three are considered administrative languages of the cou ...
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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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Iron Oxide Copper Gold Ore Deposits
Iron oxide copper gold ore deposits (IOCG) are important and highly valuable concentrations of copper, gold and uranium ores hosted within iron oxide dominant gangue assemblages which share a common genetic origin. These ore bodies range from around 10 million to >4,000 million tonnes of contained ore, and have a grade of between 0.2% and 5% copper, with gold contents ranging from 0.1 to 1.41 grams per tonne. These ore bodies tend to express as cone-like, blanket-like breccia sheets within granitic margins, or as long ribbon-like breccia or massive iron oxide deposits within faults or shears. The tremendous size, relatively simple metallurgy and relatively high grade of IOCG deposits can produce extremely profitable mines, although the formation of these deposits is still not fully understood, and the fluid origin of the world class deposits are still being investigated. Iron oxide copper-gold deposits are also often associated with other valuable trace elements such as uranium ...
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Pajala
Pajala () is a locality and the seat of Pajala Municipality in Norrbotten County, Sweden, with 1,958 inhabitants in 2010. It is located in Swedish Lapland. Pajala is in the Torne Valley and was dominated by people speaking a Finnish dialect until Eastern Sweden (Finland) got annexed by Russia in the 1800s and Pajala ended on the Swedish side of the river that marked the border. Today the town is nearly unilingually Swedish although the Meänkieli name for the locality remains in use and is a minority language. Even so, Pajala has belonged to Sweden since the country's inception as a political unit. History Lars Levi Laestadius, a botanist, Lutheran minister, and founder of the revivalist movement Laestadianism, lived and worked in Pajala municipality in the mid-19th century. He lived in Kengis, but in 1869 his house and grave and the whole church of Kengis were moved to Pajala. The town was mistakenly bombed by Soviet airplanes during the Finnish/Soviet Winter War, in spring 19 ...
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Baltic Shield
The Baltic Shield (or Fennoscandian Shield) is a segment of the Earth's crust belonging to the East European Craton, representing a large part of Fennoscandia, northwestern Russia and the northern Baltic Sea. It is composed mostly of Archean and Proterozoic gneisses and greenstone which have undergone numerous deformations through tectonic activity. It contains the oldest rocks of the European continent with a thickness of 250–300 km. The Baltic Shield is divided into five ''provinces'': the Svecofennian and Sveconorwegian (or Southwestern gneiss) provinces in Fennoscandia, and the Karelian, Belomorian and Kola provinces in Russia. The latter three are divided further into several ''blocks'' and ''complexes'' and contain the oldest of the rocks, at 2500-3100 Ma (million years) old. The youngest rocks belong to the Sveconorwegian province, at 900-1700 Ma old. Thought to be formerly part of an ancient continent, the Baltic Shield grew in size through collisions with n ...
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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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Iron
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron A ...
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Iron Ore Mining Companies
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron A ...
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Companies Listed On The Oslo Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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