Latest Finland News

Kingsrose Mining announces the immediate resignation of Managing Director Fabian Baker and appoints industry veteran Terry Holohan as Acting CEO to steer its Scandinavian projects and acquisition strategy.

Nordic Resources has confirmed substantial gold mineralisation at its newly acquired Hirsikangas project in Finland, revealing wide and high-grade intersections with significant unexplored potential along a 10km magnetic trend.

Latitude 66 Limited’s maiden reverse circulation drilling at the K6 Prospect in Finland confirms a 2.5km mineralised gold-cobalt trend, demonstrating both promising exploration potential and a new efficient drilling method for the region.

Octava Minerals reports encouraging early-stage bioleaching results from CSIRO on its Byro REE and lithium project, signaling potential for cost-effective and environmentally friendly metal extraction.

Nordic Resources has completed its acquisition of three gold projects in Finland’s Middle Ostrobothnia Gold Belt, significantly boosting its resource base with nearly one million ounces of gold equivalent. The company plans to start drilling by July 2025, aiming to unlock further value from these advanced assets.

Prospech Limited has successfully raised $1 million through a 50 million share placement, aiming to accelerate exploration efforts in Finland and Slovakia, with a particular focus on expanding the Korsnäs resource.

Archer Materials has achieved a significant milestone by integrating its graphene-based sensors with silicon readout circuitry, paving the way for a compact, at-home potassium testing device aimed at chronic kidney disease management.

Nordic Resources has validated a significant new indicated gold resource at the Kiimala Trend in Finland, lifting its total gold equivalent inventory close to 1 million ounces. This milestone follows the pending acquisition of three Finnish gold projects from Northgold AB.

Kingsrose Mining advances its exploration efforts in Norway’s Finnmark region with increased backing from BHP, while winding down its Central Finland alliance. The company also secures an option to acquire the promising Gallujavri nickel-copper-PGE project.

Nordic Resources has completed a A$3.5 million institutional placement at a premium, bolstering its cash position to approximately A$6 million to advance three Finnish gold projects. The company also announces the appointment of renowned geologist Malcolm Norris as chairman, signaling a strategic push towards development.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

The Finnish Government’s proposed amendments to the Mining Act could resolve licensing uncertainties for Latitude 66’s KSB Project, even as key mining rights expire following a court decision.