Gold Mining6 Jun 2018 12:13
In Finland & Mining in General may start to garner some more interest here, of which there seems to be some today.
Finland has very quietly become a world-class gold-mining country. The Nordic nation jumped to the top spot in the Fraser Institute�s 2017 ranking of investment attractiveness for mining jurisdictions, up from fifth place in 2016.
While not historically considered a major gold miner, Finland has become the European Union�s top producer of gold over the last decade, with much of the gold-mining activity taking place in just the past couple of years. Political stability, favorable policies and a high potential for big payoffs have led mining companies from around the world to the land of the midnight sun.
�We can only report positive things about the country. In comparison to many South American locations, for instance, the rules are clear, the authorities are supportive and even helpful. Property rights are entrenched,� said Michael Hepworth, CEO of Canadian mining company Firesteel Resources (TSXV:FTR). Firesteel acquired the Laiva gold project in Finland as its flagship project in early 2018.