Fennoscandian Country Review: Finland

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1 Google Earth Fennoscandian Country Review: Finland Prof. Elias Ekdahl, Director General Geological Survey of Finland 9 th Fennoscandian Exploration and Mining October 2013 Levi Summit Conference Centre

2 Ranking on the Potential Mining Regions 2013 Source: Frazer Institute Mining Company Survey

3 Space for new discoveries Good potential for growth in Finland Internationally ranked ore potential Excellent geological data bases and services provided by GTK World class expertise on mining and beneficiation technologies Also supported by Excellent infrastucture High level education Local skilled workforce Mining friendly regime Cleantech image Discovery of the Sakatti 3

4 Finland as a Forerunner of Sustainable Mining (Program of the Finnish Government) Broadly-based consensus, common aim and commitment Development themes Education and research Good Governance Downstream industry Cleantech export Energy, logistics, transportation Voluntary actions of the industry Best practices Resources and sustainability Corporate responsibility International co-operation Dr. Mari Pantsar-Kallio, Director of the Program Ministry of Employment and the Economy 4

5 Finnish mining vision 2020 Volume of metallic ores mined 5

6 Promoting Sustainable Mining Industry GTK Universities Mining companies GTK Junior companies Mining companies Junior companies Mining companies GTK Mintec Mining companies Technology operators Contractors Mining companies Consultants GTK TUKES, ELY TUKES, AVI, ELY TUKES, ELY TUKES, ELY TUKES, ELY Green Mining Sustainable production (closed material cycle, eco-efficiency, recycling) Optimizing material, energy and water efficiencies Minimizing environmental and community loading Re-use of the mine site after closure 6

7 New exploration technologies, deeper, deeper Mapping Drilling 50 m Aerogeophysics (EM) <50 m Aerogeophysics (TEM) Titan 24 - IP Seismic methods ~400 m 400 m Several kilometers 7

8 Deep reflection seismics in Finland FIRE-project Line 4 Line 1 Line 3 Line 2 Contractor Spetzgeofizika Seismic lines 8

9 High resolution seismic data indicates that we have only scratched the surface N Outokumpu Ore Belt 0 km 5 km Contractor Nedra Outokumpu 9

10 3D... more depth, alternatives and accuracy Constant progress in geophysical measuring and modelling technologies Based on geological data and knowledge: - testing and further development of exploration technologies - better preconditions for modelling Ore critical host lithology Hannukainen Mine Modelling of the Outokumpu deep structures 2000 m Unknown lithologies 10

11 GTK`s new policy in Lapland 3D metallogeny and deep exploration Means in practice: GTK s new role as a global forerunner Need for long term resource allocation Extra financing and new financial sources Need for new high resolution technology University and international cooperation Active cooperation with mining companies From prospecting to real exploration New world class deposits in the North To secure the future ore potential To promote the idea of Arctic Corridor 150 Km 11

12 GTK invites partners for deeper cooperation 3D Metallogeny and Deep Exploration 12

13 Global Need for the Arctic Corridor Global warming!!! World class oil and gas resources of the Barent Sea Arctic region is the primary mining area of EU. Mineral production will be tripled. European forest resources. Space for turism business. Strong connection between people, raw materials, refined products and the markets. Arctic Corridor means Ecology Source: Regional Council of Central Ostrobothnia Elias Ekdahl 20 September

14 Raw materials of the Arctic Region means a provision for better future 14

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