Major new reserves found in Swedish mines
AFP · 6 Mar 2007, 15:37
Published: 06 Mar 2007 15:37 GMT+01:00
According to calculations, the ore reserves in the Boliden Area have increased to 4,980 Kilotonnes from 3,320 Kilotonnes as a result of the two new discoveries, Boliden said, adding that since neither of the two newly found mineralised zones is delimited, the firm intends to continue its exploration work.
"Our calculations indicate that the total lifespan for the Boliden Area mines increases from 2 to 4 years. With these mineral resources included, however, the lifespan under current production is considerably longer," Boliden chief executive Jan Johansson said.